Industry sectors

Still a long way to go: business and economic recovery after COVID

Papua New Guinea is experiencing similar stresses to other economies in the Pacific region due to the impact of COVID-19. Two reports, by the Asian Development Bank and Pacific Trade Invest, highlight both the impacts and a way to recovery.
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Lae’s SME Incubator Hub: Growing local talent one bootcamp at a time

Julliane Terry, owner of the consultancy firm Tok Stret Consulting, has launched business incubator hub in Lae to foster innovation in PNG's second city. 'When something is happening in Lae, you can rest assured the rest of the country will benefit,' she tells Business Advantage PNG.
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Wafi-Golpu JV explains its deep sea waste disposal plan

The Wafi-Golpu Joint Venture has released new information on its proposed DSTP method of tailings disposal for the planned Wafi-Golpu mine in Papua New Guinea. The move is designed to allay environmental concerns, including those expressed by Morobe Governor Ginson Saonu.
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Total expected ‘shortly’ in Papua New Guinea to advance Papua LNG, says Kumul Petroleum MD

The signing of a fiscal stability agreement between Papua New Guinea and French oil major Total looks set to trigger the FEED phase of the multi-billion dollar Papua LNG project. Wapu Sonk, Managing Director of national oil company Kumul Petroleum, tells Business Advantage PNG the signing is expected within the next two weeks.
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