Several new developments – the creation of a tourism hub at Kokopo (and new direct international flights to service it) and the start of cruise liners visiting remote Milne Bay – indicate progress is being made to develop Papua New Guinea’s tourism industry.
Cheap imports into Papua New Guinea are posing an increasing threat to local producers, with reports of foreign companies ‘dumping’ goods in PNG or under-declaring the value of imports.
The Gulf Provincal government has set up a 50/50 partnership with the United States-based cargo transportation company, Teras America LLC, to build a port to service Papua New Guinea’s second LNG project and other industries.
Microfinance has grown considerably in PNG in the past few years. Business Advantage PNG talks with Tony Westaway, Managing Director of Nationwide Microbank, about the transformative power of microfinance and the sector’s rapid growth.
Business groups have reacted cautiously to the O’Neill government’s plans to scrap visas on arrival for Australian citizens.
Major industrial projects underway or in the pipeline north-west of Port Moresby look likely to create an industrial and logistics corridor over the next five years. Business Advantage PNG examines the progress in Central Province, just outside Papua New Guinea’s capital.
Lae-based food manufacturer Prima Smallgoods has recently completed a K40 million (US$15.82 million) upgrade to its manufacturing operations. It’s all about the longer term, General Manager Adrian Chow tells Business Advantage PNG.
Lae-based plastics, chemicals and consumer products manufacturer K K Kingston anticipates a productive 2014 after returning to its core business in 2013. Business Advantage PNG caught up with Michael Kingston, its General Manager.
Putting Papua New Guineans into key roles will be a priority for Andrew Cooper, recently appointed to head the PNG operations of international consultancy group, Cardno.
The private involvement in healthcare has expanded substantially in Papua New Guinea as foreign investment, particular into the country’s mining and petroleum sectors, has grown. We present a brief overview of the sector.