Papua New Guinea’s potential as a market for ice cream will be put to the test when Laga Industries completes a significant expansion of its Gala manufacturing facilities in Lae later this year.
Industry sectors
New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.
Papua New Guinea’s central bank has moved to stop offshore foreign banks, which don’t operate in PNG, from foreign exchange trading in the Kina.
Information and telecommunications technology can be a driver of new jobs and business efficiency in Papua New Guinea. Technology specialist Priscilla Kevin tells Business Advantage PNG of her own venture into the ICT business and suggests how others might follow.
Australians and Pacific Islanders living in Australia will be able to watch the 2015 Pacific Games in the comfort of their own home, after the Games Organising Committee awarded the Australian broadcast rights to the National Indigenous Television (NITV).
It’s critical for the future of Papua New Guinea’s forestry and manufacturing sectors that the Government’s planned 40,000 ‘affordable houses’ be built in PNG by local suppliers, industry leaders tell Business Advantage PNG.
Papua New Guinea’s tuna industry leaders are calling for reform of the regional Vessel Day Scheme, saying it is counterproductive, speeding up stock depletion with the size of catches getting smaller.
Malaysian conglomerate Sime Darby has indicated it will expand processing operations through its takeover of New Britain Palm Oil, following its final purchase of Papua New Guinea’s largest agribusiness.
Papua New Guinea is well positioned to benefit from rising LNG demand, despite falling prices, says InterOil Managing Director, Michael Hession.
Business and employment travel into Papua New Guinea has more than tripled in the last 15 years, outperforming leisure travel, which has see marginal growth over the last five years. Robert Upe report