BSP’s Ian B Clyne: Technology is the key

BSP, PNG’s largest bank, is being recognised globally as a major innovator with mobile technology. In our exclusive interview, Group CEO Ian B Clyne reflects on a momentous year for the bank and its plans for future growth. Business Advantage PNG (BAPNG): I gather BSP opened a record number of new accounts last year. How […]
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Interview: Geoff Cundle, Steamships

One of PNG’s largest and most diversified companies has a new Managing Director. We caught up with Steamships’ Geoff Cundle (pictured below) a few weeks into his new job. Business Advantage PNG (BAPNG): This isn’t your first time working in PNG …? Geoff Cundle (GC): I was here about 20 years ago, again with Steamships, […]
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Ok Tedi: on the cusp of expansion

In November 2012, Ok Tedi Mining Limited (OTML) submitted a feasibility plan to extend the Ok Tedi mine’s life to 2025. With continuation agreements being finalised with Western Province landowners this month, we spoke with OTML’s CEO Nigel Parker about the US$822 million extension project and likely changes to PNG’s mining laws. Business Advantage PNG (BAPNG): […]
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Interview: Taking PNG sustainable palm oil to the world

Palm oil, sugar and beef producer, New Britain Palm Oil Limited, is Papua New Guinea’s leading agribusiness, with almost 100,000 hectares under its management across several provinces. Made in PNG asked Jamie Graham, General Manager of NBPOL subsidiary Ramu Agri Industries, about the next steps for this PNG success story. NBPOL’s recent growth has been […]
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Opening up the telecommunications market

Papua New Guinea’s new regulatory regime for ICT is being credited with bringing about greater competition and an expansion of services. Business Advantage spoke with Charles Punaha of the National Information and Communications Technology Authority, the industry’s regulator, to discover how. Can you explain the changes to the way Papua New Guinea’s ICT sector is […]
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Interview: James Lau, Rimbunan Hijau PNG

Rimbunan Hijau PNG (R H) is Papua New Guinea’s largest forestry business, accounting for about 45% of the country’s timber exports. Business Advantage spoke with Managing Director James Lau about his company’s strategy for growth and the sector’s future. As PNG’s largest forestry operator, what is the strategy for your forestry division going forward? R […]
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Big Year for PNG LNG Project

Business Advantage speaks to the man responsible for delivering the PNG LNG Project, Peter Graham, managing director of ExxonMobil subsidiary, Esso Highlands. Do you foresee any issues with meeting the posted completion date for the PNG LNG project? What will be the major challenges and milestones over the next 12 months? 2012 is a big […]
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The rise of PNG’s private sector

IFC, the private sector development arm of the World Bank Group, has increased its presence in Papua New Guinea. Business Advantage talks to IFC’s Resident Representative in PNG, Carolyn Blacklock, about taking PNG’s private sector to the next level. What is the status of the IFC’s own investment portfolio in PNG? We continue to work […]
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Beyond mining: interview with Ok Tedi’s Nigel Parker

On a visit to the Ok Tedi mine, we met with Nigel Parker, the man tasked with managing Ok Tedi Mining Limited through the final years of the mine’s life. OTML is currently undergoing a corporate restructure. What does that entail and where has it reached? The corporate restructure is looking at our core activities. […]
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Western Province: a sustainable future

Business Advantage interviewed David Sode, Chief Executive Officer of PNG Sustainable Development Program Ltd, to discover more about its Western Province strategies. Founded in 2002, PNG Sustainable Development Program Limited (‘PNGSDP’) was created to support sustainable development through initiatives that benefit the people of Papua New Guinea, and especially the people of the Western Province. […]
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