Industry sectors

Papua New Guinea’s new finance sector strategy a response to ‘staggering’ growth

20 Feb 2019 by David James Leave a Comment

Massive growth in participation has forced the Papau New Guinea Government to come up with new strategies for the finance sector and financial inclusion. Business Advantage PNG's David James reviews the strategies and finds a greatly enhanced role for the central bank.
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Third Papua New Guinea Petroleum & Energy Summit to Focus on Regional Collaboration

20 Feb 2019 by Business Advantage PNG 2 Comments

Collaboration between Papua New Guinea’s Petroleum and Energy Sector will be the theme of the third CWC Papua New Guinea Petroleum and Energy Summit. The event will feature updates and discussions on expansion opportunities in the country’s energy sector.
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Ok Tedi ramping up exploration

15 Feb 2019 by David James Leave a Comment

With only 10 years of estimated current mine life, Ok Tedi Mining is working hard to optimise production and maximise profit at Papua New Guinea’s largest copper mine, says CEO Peter Graham.
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Papua New Guinea digital entrepreneurs are blogging to bring about change

13 Feb 2019 by Lisa Smyth Leave a Comment

In the last part of her three-part series about digital entrepreneurs, Lisa Smyth speaks with two inspiring Papua New Guineans who use blogging to empower their communities.
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Frieda River mine expands into Sepik Development Project

11 Feb 2019 by David James Leave a Comment

The US$8 billion (K26.5 billion) Sepik Development Project at Frieda River will create 'a new economic corridor' in PNG's northwest. Developer PanAust is suggesting it could give employment to about 5000 people during construction and increase Papua New Guinea’s GDP by K90 billion over 40 years.
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Global mining industry still recovering from a ‘great big party’

8 Feb 2019 by David James Leave a Comment

The global mining industry is still in a 'big hangover', says Newcrest Mining's Chief Development Officer, Michael Nossal. He tells an industry event that improving productivity is now the name of the game, as the industry waits for the interest from investors to return.
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Papua New Guinea digital entrepreneurs make strides in new and old media

4 Feb 2019 by Lisa Smyth 1 Comment

Young Papua New Guinea digital entrepreneurs are developing followings in film and podcasts. They are bringing something relatively new to the country.
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Bans on tuna fishing devices in the Pacific to continue

4 Feb 2019 by Kevin McQuillan Leave a Comment

A Pacific-wide three-month ban on fish aggregating devices (FADs) has been extended for another year to allow tuna stocks to continue to revive. But in a warning to other fishing nations, Palau is going ahead with its ban on all commercial fishing vessels.
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Papua New Guinea’s fiscal regime for resources projects ‘fair,’ says Santos GM

29 Jan 2019 by David James Leave a Comment

Papua New Guinea has a ‘fair and reasonable’ fiscal regime for resources when compared with its neighbours Australia and Indonesia, according to John Chambers, General Manager PNG for Santos. He outlines three approaches used around the world to deliver benefits from projects.
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Papua New Guinea’s foreign exchange and budget situation improving, says central bank Governor

29 Jan 2019 by Business Advantage PNG Leave a Comment

The Governor of the Bank of Papua New Guinea, Loi Bakani, says the foreign exchange market is on track to return to normalcy. In an exclusive interview with Business Advantage PNG, he says the PNG LNG project has begun paying taxes for the first time, which is improving the Government’s budgetary position.
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PNG business update: Date announced for Papua LNG gas agreement, Air Niugini's transformation, Misima's revival, IP… https://t.co/ne53EwS2mX 19 Mar 2019 11:59 pm
Innovative solution to delays in Papua New Guinea's power projects @PNGPowerLtd #PNG https://t.co/Dlo4jcnbka https://t.co/beaSlvIVXu 19 Mar 2019 10:16 pm
Air Niugini aiming at K60 million turnaround in 2019, says Chief Executive #PNG @PXPNG https://t.co/kxqrOnFcEj https://t.co/JAia2bWB5O 19 Mar 2019 10:14 pm
Date announced for Papua LNG gas agreement in Papua New Guinea #PNG #PNG19 https://t.co/gjQDDMx998 https://t.co/D7fgPztfj9 19 Mar 2019 10:00 pm
In Brief: UK’s post-Brexit deal with Papua New Guinea and other business stories #PNG https://t.co/JbJNiFV54P https://t.co/6eQvnA9NXU 19 Mar 2019 1:50 pm
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Speakers’ presentations from Papua New Guinea Investment Conference 2018 available
Following the success of August’s investment conference held in Brisbane, the high-level speakers’ presentations are available online. PNG’s Prime Minister Peter O’Neill and Australia’s Assistant... The post Speakers’ presentations from Papua New Guinea Investment Conference 2018 available appeared first on Business Advantage International.
Flannery leads program for 2018 Papua New Guinea Investment Conference
Eminent scientist Professor Tim Flannery will be one of the key speakers at this year’s Business Advantage Papua New Guinea Investment Conference at the Sofitel... The post Flannery leads program for 2018 Papua New Guinea Investment Conference appeared first on Business Advantage International.
Dates and location for 2018 Papua New Guinea Investment Conference announced
Further to the very positive response to our 2017 conference, the dates and location of the 2018 Business Advantage Papua New Guinea Investment Conference have... The post Dates and location for 2018 Papua New Guinea Investment Conference announced appeared first on Business Advantage International.

Industry sectors

Papua New Guinea’s new finance sector strategy a response to ‘staggering’ growth

Third Papua New Guinea Petroleum & Energy Summit to Focus on Regional Collaboration

Ok Tedi ramping up exploration

Papua New Guinea digital entrepreneurs are blogging to bring about change

Frieda River mine expands into Sepik Development Project

Global mining industry still recovering from a ‘great big party’

Papua New Guinea digital entrepreneurs make strides in new and old media

Bans on tuna fishing devices in the Pacific to continue

Papua New Guinea’s fiscal regime for resources projects ‘fair,’ says Santos GM

Papua New Guinea’s foreign exchange and budget situation improving, says central bank Governor

2019 BUSINESS ADVANTAGE PAPUA NEW GUINEA INVESTMENT CONFERENCE

Twitter updates

Editor’s picks

Opinion: Australia’s questionable move on Pacific infrastructure investment

In Brief: UK’s post-Brexit deal with Papua New Guinea and other business stories

Date announced for Papua LNG gas agreement in Papua New Guinea

Air Niugini aiming at K60 million turnaround in 2019, says Chief Executive

Kina exchange rate

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2019 BUSINESS ADVANTAGE PAPUA NEW GUINEA INVESTMENT CONFERENCE

Twitter updates

Editor’s picks

Kina exchange rate

Recent readers’ comments