The new Chief Executive Officer of Papua New Guinea’s largest superannuation fund has hit the ground running. Business Advantage PNG met up with Garry Tunstall to discover his plans for Nambawan Super.
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Papua New Guinea is about to join the Queensland Cup rugby league competition next year. PNG will also field Under 16s and Under 18s sides into the QRL’s elite junior competitions. It’s an ambitious move to improve the national game. And as PNG Rugby League CEO, Brad Tassell, told Business Advantage PNG, it has already garnered strong business support.
Government ministers and influential economic analysts have welcomed the recent fall in the value of the kina, saying it will boost demand for exports.
Bank of South Pacific says it will be closely monitoring next week’s Budget for any opportunities to get involved in infrastructure development, after posting an after-tax profit of US$ 40.4 million (K105 million) last quarter.
Interoil expects to announce a ‘major transformational deal’ by the end of 2013 to develop the Papua New Guinea’s second LNG plant, according to recently appointed CEO Michael Hession.
After nearly years, the Australian Associated Press news agency has closed its Papua New Guinea office. We asked AAP’s departing correspondent to reflect on his two-year tour of duty.
The Treasurer is about to present the 2014 Budget to Parliament, after a challenging year for Papua New Guinea and its government. Paul Barker looks at what next year’s Budget should contain.
Lae-based Frabelle Fishing Corporation is one of the major partners behind the Majestic Seafood venture, which opened earlier this year. But, as Frabelle’s James Johnston tells Business Advantage PNG, the company has big expansion plans of its own too.
Anyone regularly attending functions in Port Moresby will soon come across the work of event production company Blue7Team. Business Advantage PNG speaks with co-founder Naraai Banam on the challenges of running a leading services business in Papua New Guinea.
The entry of PanAust—a new player in PNG’s mining sector—is good news for the giant Frieda River gold and copper mining project in East Sepik Province. The move has also been welcomed by analysts.