Duffy has become a household name in Port Moresby. General Manager Chris Shine talks about the keys to the cafe business’ incredible success and its exciting, innovative plans for the future.
Industry sectors
Last month, Twinza and Mineral Resources Development Corporation signed agreements which will see MRDC acquire a major stake in Pasca A, Papua New Guinea’s first offshore gas project. Twinza Executive Chairman Stephen Quantrill tells Business Advantage PNG the deal also paves the way for further cooperation.
Australia launched its inaugural Pacific Engagement Visa ballot on 3 June, with Papua New Guinea receiving the largest allocation. We break down the implications for PNG’s business and labour force.
Newmont Corporation’s Tom Palmer tells Business Advantage PNG that Papua New Guinea fits well within company’s strategy, but cautions that the prospective Wafi-Golpu copper-gold project will need to compete for capital with other projects in portfolio.
The Porgera gold mine is operating without restrictions, following the tragic Papua New Guinea landslide which hit nearby. Meanwhile, New Porgera Limited and other PNG businesses are contributing to relief efforts, reports Nadav Shemer Shlezinger.
Sarimu Kanu, Managing Director of state-owned miner Kumul Minerals Holdings, gives an update on the progress of the Wafi-Golpu mine project to Business Advantage PNG, and outlines the company’s strategy to consolidate some of Papua New Guinea’s smaller mining projects.
The Lae International Hotel is in the midst of a multi-year, K30 million refurbishment that will see it consolidate its position as the premier hotel in PNG’s second-largest city. General Manager Alok Kedar talks Business Advantage PNG about the grand plans.
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors.
“We’re ready for the boom to happen. We’re just hoping that it will happen sooner rather than later.” Business Advantage PNG speaks with SP Brewery Managing Director Ed Weggemans about the company’s sharp focus on its bottom line and sustainability in tougher market conditions.
A decade on from the opening of PNG LNG, Papua New Guinea’s first gas project, ExxonMobil PNG’s Chairperson and Managing Director Tera Shandro reflects on the progress so far and the potential of forthcoming projects such as the K5 billion Angore project and the Wildebeest prospect.