Industry sectors

Waking up the giant: how banks can help unlock the potential of Papua New Guinea’s SMEs

23 Jun 2021 by Gabriella Munoz 1 Comment

Small and medium-sized businesses have the capacity to create jobs and propel Papua New Guinea’s economy, but how can this best be achieved? Business Advantage PNG looks at how banks are supporting the sector.
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Australian defence spending in Papua New Guinea to provide business opportunities

23 Jun 2021 by Business Advantage PNG 1 Comment

The imminent upgrade of defence facilities on Papua New Guinea's Manus Island should provide significant opportunities for local business and labour, according to Australia's Department of Defence. But the selection requirements are likely to be demanding.
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Ramu nickel mine production rises

2 Jun 2021 by Business Advantage PNG 1 Comment

The Ramu nickel mine in Papua New Guinea's Madang province had strong first quarter production, according to Nickel 28, the junior partner in the joint venture.
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Working cooperatively the key to improve Papua New Guinea’s cocoa exports

31 May 2021 by Gabriella Munoz Leave a Comment

Getting produce to market is one of the biggest constraints on Papua New Guinea's cocoa industry, according to the Chief Operating Officer of leading cocoa exporter, NGIP Agmark. Steven Nightingale says his company is developing a model that is helping to improve the situation.
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PNG Biomass green power project under threat in Papua New Guinea

31 May 2021 by Business Advantage PNG 2 Comments

The future of one of Papua New Guinea's highest profile green energy projects, PNG Biomass, appears under a cloud following the move by state-owned utility PNG Power to potentially cancel the power purchase agreement it has with the project.
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Papua New Guinea’s BSP Financial Group lists on ASX

26 May 2021 by Business Advantage PNG 1 Comment

BSP Financial Group, the Pacific's largest bank, finally listed on the Australian Securities Exchange yesterday. The move creates a new market for its existing shares and positions the bank to tap into new sources of capital in the future.
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Inside view: satellite technology a ‘game changer’ for Papua New Guinea

24 May 2021 by Business Advantage PNG Leave a Comment

Global telecommunications company Speedcast has been working in Papua New Guinea for over 12 years. Tony Waters, Senior Sales Director, says the advances in satellite communication could mean high-speed internet access at a good price for the country's 22 provinces.
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PNG Air’s board pursuing plan to keep Papua New Guinea’s second domestic airline ‘viable’

19 May 2021 by Business Advantage PNG Leave a Comment

It will take 'the next two to three years' before PNG Air, Papua New Guinea's second domestic airline, can foresee a return back to pre-COVID levels of business activity, according to statement issued to Papua New Guinea's stock exchange yesterday.
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Electricity for auction in Papua New Guinea – but at what price?

17 May 2021 by Business Advantage PNG Leave a Comment

The vision for reforming Papua New Guinea's power sector is becoming clearer, with power auctions likely to play a major role in driving down electricity prices and helping the country meet its future electricity needs.
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Landmark agreement: Papua New Guinea increases its stake in future LNG exploration projects with Total

12 May 2021 by David James 13 Comments

Kumul Petroleum has announced that the PNG government has negotiated an additional seven per cent equity with future joint venture projects with Total after ‘remobilisation talks’ regarding the Papua LNG project in Paris last week.
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Our Boarding Briefing is starting at 10am this morning, where you'll hear from the Papua New Guinea’s Manufacturers… https://t.co/eAufWRxsen 23 Jun 2021 11:35 pm
In brief: BSP refutes allegations of breaches to anti-money laundering laws and other business stories #png… https://t.co/MhIDUUD5Sl 23 Jun 2021 1:50 am
Waking up the giant: how banks can help unlock the potential of Papua New Guinea's SMEs #PNG #pngbusiness https://t.co/BHeK8wRdYT 23 Jun 2021 1:46 am
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The ‘PNG 1000’: new business directory launched for Papua New Guinea
Papua New Guinea’s business community has a new tool for doing business: a user-friendly new online business directory. The post The ‘PNG 1000’: new business directory launched for Papua New Guinea appeared first on Business Advantage International.
Air Niugini’s ‘Paradise’ magazine wins World Travel Award
As publisher of the Air Niugini’s inflight magazine, Paradise, we are proud to announce it has won the award for the best inflight magazine in Oceania in this year’s prestigious World Travel Awards. In winning, Paradise beat magazines from many of the region’s major airlines, including Qantas, Virgin Australia, Tiger Air and Fiji Airways. The World Travel Awards, […]
A new magazine in the middle of COVID-19?!
Who would be crazy enough to launch a new magazine during a global pandemic? Guilty. The magazine is called PNG Now, and it's a brand new lifestyle magazine aimed at readers in the Pacific nation of Papua New Guinea (PNG). The post A new magazine in the middle of COVID-19?! appeared first on Business Advantage […]

Industry sectors

Waking up the giant: how banks can help unlock the potential of Papua New Guinea’s SMEs

Australian defence spending in Papua New Guinea to provide business opportunities

Ramu nickel mine production rises

Working cooperatively the key to improve Papua New Guinea’s cocoa exports

PNG Biomass green power project under threat in Papua New Guinea

Papua New Guinea’s BSP Financial Group lists on ASX

Inside view: satellite technology a ‘game changer’ for Papua New Guinea

PNG Air’s board pursuing plan to keep Papua New Guinea’s second domestic airline ‘viable’

Electricity for auction in Papua New Guinea – but at what price?

Landmark agreement: Papua New Guinea increases its stake in future LNG exploration projects with Total

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Ramu nickel mine production rises

COVID-19 vaccination rollout in Papua New Guinea needs a boost

Marape moves to reassure Papua New Guinea’s mining and petroleum industry

In brief: Bank of Papua New Guinea to undergo review and other business stories

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