Work to upgrade 40-kilometre stretch of road between the port of Lae and Nadzab Airport into a four-lane highway is expected to begin in June 2013, according to the Lae Chamber of Commerce and Industry.
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Economic growth in Solomon Islands is expected to rise at a moderate four to five percent this year, a little lower than the 5.5% growth rate in 2012.
PNG has a new shipping company which takes a different approach to servicing its customers. Nikolaj Noes, Australian Managing Director of global shipping company Maersk Line, talks to Business Advantage PNG.
Business people in Morobe Province are hoping a new timetable, which sees Air Niugini flying between Lae and Cairns via Port Moresby, is the first step towards direct flights between Australia and PNG’s second city.
PNG’s largest superannuation fund, Nasfund, released its annual results earlier this month. Business Advantage PNG spoke with its Chief Executive Officer Ian Tarutia.
Papua New Guinea’s very own gourmet chocolate may have only been on sale for a few weeks, but its production line has already been honoured with a visit from the recent business delegation that accompanied the Thai Prime Minister.
Business Advantage PNG asked Pacific MMI Insurance MD Wayne Dorgan for his recommendations.
From this month, the European Union (EU) won’t be accepting illegally produced wood products. What impact will its decision have on PNG’s forestry sector?
Papua New Guinea’s first listed investment company, Kina Asset Management Ltd, (KAML) has announced a net profit of K4.73m ($US2.21m) in 2012, compared to a net loss of K9.43m (US$4.41m) the previous year.
The Rimbunan Hijau (PNG) Group optimistic MD, James Lau, tells Business Advantage why the group is expanding its horizons.