Papua New Guinea’s capital city is seeing a construction boom this year, with many commercial and housing developments in the pipeline.
Industry sectors
Despite the pandemic’s severe economic impacts in Papua New Guinea, financial institution Heduru Moni Limited (trading as Moni Plus) achieved record-breaking revenues and profits in 2021. Business Advantage PNG sat down with the company’s new CEO, Aho Baliki OBE, to discuss its successes and ambitious plans for growth.
The future of the proposed new gold mine on Papua New Guinea’s Woodlark Island remains in question, as Geopacific Resources looks to reset expectations surrounding the project and explores the possibility of a ‘corporate or asset-level’ sale.
Infrastructure funding aimed at climate change mitigation and a new Pacific Engagement Visa are among the expected initiatives from the new Australian government elected last weekend.
Papua New Guinea’s longest-established and most widely-read magazine, Paradise, the in-flight magazine of Air Niugini will return in September.
What opportunities are there to supply Papua New Guinea’s major mines and what do potential suppliers need to know before attempting to do business in the country’s mining sector? We asked procurement professionals at two of the country’s major mines, Ok Tedi and Porgera, during an online briefing this week.
The COVID pandemic has accelerated the shift to digital in Papua New Guinea. Gokul Naidu, CEO of PNG’s largest IT service provider, Datec PNG, talks to Business Advantage PNG about how businesses need to respond to the digital challenge.
Papua New Guinea’s major property developers and investors recently banded together to create the PNG Property Developers Association. Deputy Chairman Rupert Bray explains the reasons behind the move to Business Advantage PNG.
Papua New Guinea finally has a third telecommunications player, following the launch of Vodafone PNG last week. Talking exclusively to Business Advantage PNG, Vodafone’s Regional CEO Pradeep Lal outlines the telco’s ambitious plans.
Papua New Guinea’s construction sector is on the move thanks to major new public investment in infrastructure, according to George Constantinou, head of Monier Limited and Hebou Construction at the Constantinou Group of Companies.