Industry sectors

Oil Search shares suspended on Papua New Guinea’s stock exchange

3 Jun 2020 by Paul Chai Leave a Comment

Oil Search, Papua New Guinea’s biggest company, has been suspended from trading on PNGX, the country's stock exchange, amidst claims that it did not follow proper procedure in its recent capital raising – claims the company is refuting.
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Reconsidering Porgera: Papua New Guinea’s industry bodies urge government to negotiate

1 Jun 2020 by David James 7 Comments

Papua New Guinea's government is coming under intense pressure to renegotiate the Special Mining Lease for the Porgera gold mine, which it refused to extend in April. Multiple industry bodies have urged the government to urgently negotiate with the mine’s joint venture operators, Barrick Gold and Zijin Mining, pointing to extreme economic stress.
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Link PNG swoops: state-owned airline bids for a slice of PNG Air

1 Jun 2020 by Paul Chai Leave a Comment

Air Niugini subsidiary Link PNG has launched a takeover bid for rival domestic carrier PNG Air – via a share acquisition from Nasfund. With the national airline undergoing significant restructuring, what are the prospects for a sustainable aviation sector in Papua New Guinea?
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Going strong but for how long? Ok Tedi Mining announces strong profits and dividends

27 May 2020 by David James Leave a Comment

Ok Tedi Mining has announced strong profits and dividends – important because it accounts for over four per cent of Papua New Guinea’s economy. But the future of the company, which has new shareholders, will depend on finding new reserves beyond the Ok Tedi mine's projected six-year mine life.
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Trade slump: how border closures affect Papua New Guinea’s exports

25 May 2020 by David James Leave a Comment

Papua New Guinea’s trade is likely to be sharply affected by the COVID-19 crisis and the closure of international borders, according to a report by the National Research Institute. It makes suggestions about how PNG’s traded sector can be supported.
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Pepsi is back in Papua New Guinea, and helping SMEs get a head start

20 May 2020 by Paul Chai 33 Comments

After an on-again, off-again presence in Papua New Guinea, Pacific Industries has relaunched Pepsi – and they are empowering people to set up SMEs to sell it.
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Top-end woes: expat flight affects Papua New Guinea’s high-end real estate

20 May 2020 by David James Leave a Comment

The upper end of the housing market in Papua New Guinea is being adversely affected by the closure of the international borders, according to Tom Snelling, General Manager of property classifieds site Hausples.com. But he expects that there will be more movement in the cheaper areas of the real estate market.
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Survival mode: the impact of COVID-19 on working in Papua New Guinea

13 May 2020 by Gabriella Munoz 1 Comment

Flexible work arrangements, losing key workers and restricted travel: these are unprecedented times for managing staff in Papua New Guinea. Gabriella Munoz talks to some top recruiters about the challenges being faced by employers and jobseekers.
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Turbulent times: Papua New Guinea’s airlines rise to the challenge

13 May 2020 by Robert Upe Leave a Comment

In spite of the International Air Transport Association reporting global losses for the airline industry up to US$314 billion (K1086 billion), Papua New Guinea's carriers are keeping essential services going under the toughest business conditions.
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‘Crisis breeds innovation’: Tapioca Delight launches new online payment system

6 May 2020 by Gabriella Munoz Leave a Comment

Tapioca Delight is spearheading change in Papua New Guinea, by becoming the first SME to start accepting online credit and debit card payments via Bank South Pacific's internet payment gateway. Gabriella Munoz speaks with owner Ginia Sialis to find out more.
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From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]
Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]

Industry sectors

Oil Search shares suspended on Papua New Guinea’s stock exchange

Reconsidering Porgera: Papua New Guinea’s industry bodies urge government to negotiate

Link PNG swoops: state-owned airline bids for a slice of PNG Air

Going strong but for how long? Ok Tedi Mining announces strong profits and dividends

Trade slump: how border closures affect Papua New Guinea’s exports

Pepsi is back in Papua New Guinea, and helping SMEs get a head start

Top-end woes: expat flight affects Papua New Guinea’s high-end real estate

Survival mode: the impact of COVID-19 on working in Papua New Guinea

Turbulent times: Papua New Guinea’s airlines rise to the challenge

‘Crisis breeds innovation’: Tapioca Delight launches new online payment system

Editor’s picks

Economic update: Will 2025 be Papua New Guinea’s golden year?

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

Report from the 2024 Papua New Guinea Investment Conference

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