Industry sectors

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The global ‘megatrends’ that will influence Papua New Guinea’s future

The accelerated rate of change with technology is constantly throwing up new challenges and opportunities for business. Paul Burman, Megatrends Ambassador for Hewlett Packard, looks at some major technology trends  that might impact Papua New Guinea in the future.
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Papua New Guinea government sets ‘walk away’ date for P’nyang negotiations

ExxonMobil and the government-appointed State Negotiating Team have until the end of January to negotiate an agreement for the P’nyang gas project, says Minister for Petroleum.
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Papua New Guinea’s forestry sector needs to go ‘back to the future’

With the government keen to phase out round log exports, Executive Officer of the Papua New Guinea Forest Industries Association Bob Tate outlines the best strategy for developing the industry.
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Transparency report shines light on Papua New Guinea’s extractive sector

Although the extractive sector continues to be responsible for the bulk of Papua New Guinea’s exports, the latest Papua New Guinea Extractive Industries Transparency Initiative report has found that revenues to government remain comparatively small. Here’s what you need to know.
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Five questions for YuTru’s Tony Willenberg

YuTru, Papua New Guinea's first digital identification or 'trust framework', will enable more people to access and participate in the online economy. In this exclusive interview with Business Advantage PNG, Tony Willenberg, consultant to the project, tells us how YuTru is progressing.
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St Barbara to invest millions to redefine Papua New Guinea’s Simberi mine

St Barbara will invest A$8–$12 million (K19–28 million) on exploration activities in Papua New Guinea this financial year with the aim of extending its Simberi gold mine beyond its current mine life.
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How Papua New Guinea’s central bank plans to sell government debt

The Bank of Papua New Guinea is looking to sell government debt to international and local investors. Its Governor, Loi Bakani, outlines the challenges to Business Advantage PNG and their connection to PNG’s ongoing foreign exchange shortages.
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Rogue traders challenge CPL Group’s growth in Papua New Guinea

Rising, quite literally, from the ashes of a devastating fire in 2017, retailer CPL Group is back in the black. However, CEO Mahesh Patel tells Business Advantage PNG that rogue retailers and slow government spending have presented challenges to the retailer’s phoenix story.
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