The El Nino weather pattern which has seen the temporary closure of the Ok Tedi mine could potentially last for up to a year, according to former senior PNG agriculture business executive, Bob Hansen, adding the loss of mining income could be as much as K2.77 billion a year.
Two new milestones on the way to boosting electricity access to 70 per cent of Papua New Guineans households are due this month. Business Advantage PNG speaks with Roberto Aiello, Senior Energy Specialist with the World Bank, which is supporting the PNG government with its energy development plans.
A drilling campaign covering 1.5 km in the Gulf region has revealed there is enough high quality coal to run a 50-megawatt power station for 30 years, according to Paul Mulder, CEO of Brisbane-based unlisted miner, Mayur Resources.
Port Moresby-based Pacific Green Technologies and Eco-Solutions is helping Papua New Guinea achieve a balance between development and environmental protection. Founder and owner, Dr Wari Lea Iamo, talks with Business Advantage PNG about the company’s work.
New and emerging technologies have the potential to radically transform business operations, driving e-commerce, cloud computing and efficiencies in supply chains and manufacturing. Business Advantage PNG asks some technology experts how some of these technologies may be deployed in Papua New Guinea.
In 2008, with encouragement and a small loan from a colleague, George Griffin set up the recruitment business CC Pacific in partnership with Cadden Crowe. Seven years and a lot of hard work later, he has a multi-million kina business on his hands.
China’s economy has promising prospects even as it adapts to a ‘new normal’ stage of its economic development. So what impact will a lower Chinese growth rate have on Papua New Guinea? Business Advantage PNG asks three regional analysts.
We’re the biggest company in Papua New Guinea you’ve never heard of, according to John Uthmann, CEO of PICSA Group PNG, and we are aiming to grow bigger.
The construction of 100 affordable houses in Port Moresby will be the launchpad for similar projects elsewhere in Papua New Guinea, predicts Joe Webb, the Managing Director of Australian joint venture partner Amode.
Exports from Papua New Guinea rose 64 per cent in value during 2014 to K21,903.6 million, largely due to the start of LNG production, according to the Bank of Papua New Guinea.