The new Chief Executive Officer of Papua New Guinea’s largest superannuation fund has hit the ground running. Business Advantage PNG met up with Garry Tunstall to discover his plans for Nambawan Super.
Features
Papua New Guinea is about to join the Queensland Cup rugby league competition next year. PNG will also field Under 16s and Under 18s sides into the QRL’s elite junior competitions. It’s an ambitious move to improve the national game. And as PNG Rugby League CEO, Brad Tassell, told Business Advantage PNG, it has already garnered strong business support.
Government ministers and influential economic analysts have welcomed the recent fall in the value of the kina, saying it will boost demand for exports.
Lae-based Frabelle Fishing Corporation is one of the major partners behind the Majestic Seafood venture, which opened earlier this year. But, as Frabelle’s James Johnston tells Business Advantage PNG, the company has big expansion plans of its own too.
Anyone regularly attending functions in Port Moresby will soon come across the work of event production company Blue7Team. Business Advantage PNG speaks with co-founder Naraai Banam on the challenges of running a leading services business in Papua New Guinea.
Recruitment agencies servicing Papua New Guinea say the employment of expatriates has fallen over the past year. However, as our survey of the sector suggests, there is optimism about all employment in 2014, as new ventures come on stream to replace the giant PNG LNG project.
With money finally in the bank and an experienced hand at the helm, are the fortunes of PNG’s troubled mobile phone company Bemobile about to turn? Business Advantage PNG spoke with Sundar Ramamurthy – who last week became its ninth CEO and its fourth in a year – to find out.
Corporate and residential telecommunications prices in Papua New Guinea should fall over the next year as infrastructure improves, according to senior representatives of PNG’s two leading telecommunciations companies, Telikom and Digicel.
You probably haven’t realised it, but on the ground floor of the Mutual Rumana building in Port Moresby’s Waigani suburb something inspirational is happening—and it’s not just five star food at two star prices.
Tourism operators have welcomed the government’s plan to develop Kokopo and Rabaul in East New Britain province as the country’s tourism hub. But they warn poor infrastructure and the country’s bad image overseas could prevent PNG reaping the benefits of ‘huge’ tourism potential.