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Papua New Guinea’s Woodlark Island gold project to get go-ahead decision by year’s end

28 Aug 2018 by Leave a Comment
Milne Bay’s Woodlark Gold Project is likely to get the go ahead within the next three months, after developer Geopacific Resources assesses the definitive feasibility study which will be completed in Q3 this year. Managing Director, Ron Heeks, told Business Advantage PNG, if it goes ahead, production should commence in early 2020.
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APEC partnership on bilums to boost Papua New Guinea technology sector

21 Aug 2018 by 1 Comment
The co-founder of Port Moresby based software company Crysan, Crystal Krewe said a partnership with Google, the APEC Secretariats in PNG and Singapore, and the San Francisco-based Asia Foundation will aim to sell bilums on-line. Called the Digital Bilum Project, the aim will be to create an international presence.
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Analysis: Graduates get jobs in formal sector despite tough economic conditions

21 Aug 2018 by Leave a Comment
In a slow economy getting jobs in the formal sector can prove difficult. But Rohan Fox, a Researcher at the Australian National University's Crawford Policy Centre, says his research suggests that graduates of the University of Papua New Guinea do find employment.
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Papua New Guinea LNG production predicted to double within 10 years, reports Fitch Research

14 Aug 2018 by Leave a Comment
Papua New Guinea’s LNG exports will more than double over the next 10 years, as a result of the planned expansion works, according to Fitch Solutions’ Senior Country Risk Analyst, Raphael Mok. But, he tells Business Advantage PNG, the government must address landowners’ backlash against royalty payments.
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Moving from aid to trade: successful mentoring and investment projects in Vanuatu and Samoa expanding into Papua New Guinea

8 Aug 2018 by 1 Comment
After the successful launches of sustainable small businesses in Vanuatu and Samoa, a donor-funded private sector initiative is preparing to expand into Papua New Guinea.  Anna Moegerlein from Melbourne’s The Difference Incubator explains the initiative to Business Advantage PNG.
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