Philippe Blanchard, Managing Director of Total E&P PNG – operator of the Papua LNG project – tells Business Advantage PNG that production for the project is expected to begin in 2022/2023. He says Total is using local labour and companies as much as possible.
Anitua’s independence strategy, known as the ‘Lihir Destiny’, for Papua New Guinea’s largest and most successful landowner company will continue under its new CEO, John Gethin-Jones. He tells Business Advantage PNG that key focusses are constant review of activities and staff development.
The World Bank’s Ease of Doing Business singled out a new private credit bureau as having ‘improved the credit information system in Papua New Guinea.’ Bruce Mackinlay, Managing Director of the Credit & Data Bureau, tells Business Advantage PNG that the organisation is improving the country’s transparency and accountability.
The Papua New Guinea government, faced with falling revenue, cut back sharply on core services in the 2017 Budget says Stephen Howes, Director of the Development Policy Centre at the Australian National University. But MP funding is at five times its 2012 level.
Production at Crater Mountain’s High Grade Zone provided junior mining company Crater Gold Mining with the stability it needed throughout difficult market conditions and provided capacity for exploration. Managing Director Russ Parker tells Business Advantage PNG the past few years have been extraordinarily difficult for junior explorers to raise capital to exploit their assets.
Papua New Guinea’s High Commissioner to the UK, Winnie Kiap, tells Business Advantage PNG that the coffee craze in the UK offers huge potential for PNG growers and producers, especially after two successful trade delegations have boosted awareness.
The Chairman of InterOil, Chris Finlayson, says the company is considering an appeal to the Supreme Court of Canada after a court upheld an appeal against the US$2.5 billion (K7.9 billion) sale of InterOil to ExxonMobil. Meanwhile, the man behind the appeal, Phil Mulacek, tells Business Advantage PNG he’s open to dialogue.
Managing human resources is always one of the principle challenges in business. In Papua New Guinea, the approaches have to be specific to the local culture and expectations of workers. Business Advantage PNG looks at some of the different ways that the issue is tackled.
Becoming a market leader requires developing the right strategic intent, QBE’s Matthew Kearns tells Business Advantage PNG. That means understanding your company’s goals and value proposition, and planning effectively.
Marketing never stays still. Robert Hamilton-Jones returns to the city of his birth to find out how digital technology is raising customers’ expectations to new heights.