Infrastructure

New ports manager ICTSI outlines its plans for Lae and Motukea Island

16 Jan 2018 by David James 2 Comments

Conducting stevedoring transactions in US dollars instead of kina is an opportunity to get in much-needed foreign exchange, according to Ted Muttiah, Director, Asia Pacific, for ICTSI South Pacific. He tells Business Advantage PNG the company, which has been appointed to manage new ports at Motukea and Lae, is aiming high.
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Oil Search to triple output in a decade, says Botten

15 Nov 2017 by David James Leave a Comment

Oil Search may look to list its power business on the Papua New Guinea stock exchange, Peter Botten, Managing Director of Oil Search tells Business Advantage PNG. He says that in 10 years he hopes the company’s production will have tripled.
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Port Moresby Governor to consider offering settlement residents title

14 Nov 2017 by David James 1 Comment

The National Central District has launched an urban development program, which will run into the middle of next year. Governor of Port Moresby, Powes Parkop, said he will be looking to upgrade Port Moresby’s settlements and explore ways to offer residents title.
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ADB has started its 10 year investment in Highlands Highway, says Country Director

24 Oct 2017 by David James 3 Comments

The Asian Development Bank has begun its decade-long US$1 billion investment in the Highlands Highway, according to David Hill, the bank's Country Director for PNG. He says the ADB is also planning significant investment in the health and civil aviation sectors.
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Eda Ranu looking to take more control of its operations, says Chairperson

24 Oct 2017 by David James Leave a Comment

The government-owned Port Moresby water treatment company Eda Ranu is looking to bring more of its operations in-house. Chairperson Mary Karo tells Business Advantage PNG that preparations are also being made for APEC 2018.
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Papua New Guinea businesses should expect APEC-related income streams from this October

20 Sep 2017 by Business Advantage PNG 1 Comment

Papua New Guinea businesses should expect income streams from October, 2017, as momentum builds towards the APEC summit in November, next year. The Director-General of the PNG APEC Authority, Sir Charles Lepani, told the Business Advantage Investment Summit in Sydney, towns outside Port Moresby will also benefit.
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Kumul Telikom urgently looking to build undersea cable to Sydney, says Chairman

20 Sep 2017 by David James Leave a Comment

Mahesh Patel, the chairman of Kumul Telikom, told the Business Advantage Papua New Guinea Investment Conference that the newly formed entity is urgently looking to build an undersea cable to Sydney. He said the aim is to reduce wholesale price by two-thirds
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Improvements to taxes and infrastructure crucial for Papua New Guinea SMEs, says Millennium Water MD

5 Sep 2017 by Sarah Byrne Leave a Comment

Small and medium sized enterprises (SMEs) need a more supportive business environment in order to flourish and reach international markets, Millennium Water Managing Director, Achilles Peni tells Business Advantage PNG.
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Unitech’s new ‘Uni-City’ development to get underway next year, says Vice-Chancellor

9 Aug 2017 by Kevin McQuillan Leave a Comment

A new development on the Papua New Guinea University of Technology's campus in Lae will give PNG's second city its first shopping mall. Vice-Chancellor Dr Albert Schram tells Business Advantage PNG the plan includes housing, shops, banks and business offices.
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Business Council encourages new Papua New Guinea government to broaden industry and tax bases

8 Aug 2017 by David James Leave a Comment

Papua New Guinea’s foreign exchange problems are a symptom of an overly narrow industry base, according to a new report by the Business Council of PNG. It says the new government also needs to look at widening the tax base and improving infrastructure.
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Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference
With tariffs, military conflict and geopolitics at play, it’s already been an extraordinary year for the global economy. Business Advantage PNG speaks with eminent economist Chris Richardson, who will be keynote speaker at this year’s Papua New Guinea Investment Conference in August, for his views on what it all means for business. BAPNG: As an […]
From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]

Infrastructure

New ports manager ICTSI outlines its plans for Lae and Motukea Island

Oil Search to triple output in a decade, says Botten

Port Moresby Governor to consider offering settlement residents title

ADB has started its 10 year investment in Highlands Highway, says Country Director

Eda Ranu looking to take more control of its operations, says Chairperson

Papua New Guinea businesses should expect APEC-related income streams from this October

Kumul Telikom urgently looking to build undersea cable to Sydney, says Chairman

Improvements to taxes and infrastructure crucial for Papua New Guinea SMEs, says Millennium Water MD

Unitech’s new ‘Uni-City’ development to get underway next year, says Vice-Chancellor

Business Council encourages new Papua New Guinea government to broaden industry and tax bases

Editor’s picks

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference

Economic update: Will 2025 be Papua New Guinea’s golden year?

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

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