Professional waste management is an emerging service industry in Papua New Guinea. Business Advantage PNG spoke to Kori Chan of Total Waste Management, which is bringing world class waste disposal standards to PNG.
Industry sectors
The new Chief Executive Officer of Papua New Guinea’s largest superannuation fund has hit the ground running. Business Advantage PNG met up with Garry Tunstall to discover his plans for Nambawan Super.
Bank of South Pacific says it will be closely monitoring next week’s Budget for any opportunities to get involved in infrastructure development, after posting an after-tax profit of US$ 40.4 million (K105 million) last quarter.
Interoil expects to announce a ‘major transformational deal’ by the end of 2013 to develop the Papua New Guinea’s second LNG plant, according to recently appointed CEO Michael Hession.
Lae-based Frabelle Fishing Corporation is one of the major partners behind the Majestic Seafood venture, which opened earlier this year. But, as Frabelle’s James Johnston tells Business Advantage PNG, the company has big expansion plans of its own too.
Anyone regularly attending functions in Port Moresby will soon come across the work of event production company Blue7Team. Business Advantage PNG speaks with co-founder Naraai Banam on the challenges of running a leading services business in Papua New Guinea.
The entry of PanAust—a new player in PNG’s mining sector—is good news for the giant Frieda River gold and copper mining project in East Sepik Province. The move has also been welcomed by analysts.
Recruitment agencies servicing Papua New Guinea say the employment of expatriates has fallen over the past year. However, as our survey of the sector suggests, there is optimism about all employment in 2014, as new ventures come on stream to replace the giant PNG LNG project.
With money finally in the bank and an experienced hand at the helm, are the fortunes of PNG’s troubled mobile phone company Bemobile about to turn? Business Advantage PNG spoke with Sundar Ramamurthy – who last week became its ninth CEO and its fourth in a year – to find out.
Infrastructure the next key investment area: Kina Asset Management
The great untapped investment area in Papua New Guinea is infrastructure, according to Syd Yates, Executive Director of investment fund Kina Asset Management Limited (KAML).