The latest feasibility study of the proposed Wafi-Golpu copper and gold project confirms ‘a robust investment case-one which supports proceeding with the project’, says joint venture partner.
Features
The Chief Executive of the Papua New Guinea Forest Industries Association, Bob Tate, claims that PNG’s forestry sector is coming under increasing pressure. He points to a drop in demand from China, lower foreign capital investment and moves by the PNG government to lift industry turnover taxes.
Some of the world’s best cacao is growing in Papua New Guinea and is being increasingly used in the high-end global chocolate market. Susan Gough Henly reports on why one Australian chocolate maker uses only PNG beans.
Claims by the international media, and one outlet in particular, about the conditions and communities along the Kokoda Track have threatened the reputation of the tourism and trekking industry in PNG, writes Genevieve Nelson, the CEO of the Kokoda Track Foundation.
There has been a significant change in attitude towards how Papua New Guinea businesses can contribute towards eliminating gender violence in the country in the past year. Business Advantage PNG looks at the innovative program being run by one of country’s leading landowner companies, Anitua.
A new ‘Bougainville Bar’ has gone on sale in New Zealand this month, marking an increased awareness by international chocolate makers of Papua New Guinea’s high quality cocoa. As Business Advantage PNG discovers, the project was made possible through a very modern form of capital raising: crowdfunding.
Niugini Organics, an expanding exporter of organic coconut products made in PNG, is showcasing a business model which benefits smallholder groups in East New Britain. Business Advantage PNG spoke with director Dennis Hill to find out more.
Papua New Guinea business sees light at the end of the tunnel
In spite of the talk about an economic slowdown in 2016, Papua New Guinea’s capital, Port Moresby, is a city where plenty is still happening as 2015 comes to a close. Business Advantage International’s Andrew Wilkins reflects on recent discussions with Papua New Guinea business leaders.
Two major takeover offers involving leading companies operating in Papua New Guinea’s oil and gas industry have emerged in recent months. Business Advantage PNG spoke to oil and gas analysts about what this mergers and acquisitions activity means for the sector.
Now in its fifth month, PNG’s drought is having its biggest impact in high altitude locations and on the fringe of the Central Highlands, according to Agricultural Scientist, Dr Mike Bourke. He told Business Advantage PNG that this year’s drought is at least as bad as the 1997 drought, which affected nearly a million people in rural PNG.