The rising oil price will have a significant impact on Papua New Guinea this year, according to the Country Manager and Director for Puma Energy, Hulala Tokome.
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After over 42 years as finance company in Papua New Guinea, Credit Corporation (PNG) Ltd is planning to apply for a banking licence this year. CEO Danny Robinson explains why to Business Advantage PNG.
With a gas agreement finally executed for the US$10 billion ExxonMobil-led P’nyang gas project, and a start date provided for front end engineering and design for TotalEnergies’ Papua LNG project, Papua New Guinea’s energy sector now has a clear roadmap for the rest of the decade.
Two seasoned business operators, S P Brewery Chairman Stan Joyce and Kina Asset Management Ltd’s Managing Director Syd Yates, share with Business Advantage PNG their tips on how to build a solid business in Papua New Guinea.
Desmond Yaninen is President of the Micro, Small and Medium Enterprises (MSME) Council, as well as the founder of financial services firm, Pacifund. He passionately believes in the potential for Papua New Guinea to grow its economy and raise living standards by creating successful small businesses.
The prospects for a reopened Panguna copper mine have been boosted by a ‘joint resolution’ signed by landowners and the Autonomous Bougainville Government (ABG).
Landowner and provincial government-owned consortium Mineral Resources Enga has finally signed the Porgera Project Commencement Agreement, an essential step in the ongoing process to reopen the Porgera gold mine.
Newcrest’s Chief Operating Officer PNG, Craig Jones, talks with Business Advantage PNG about the future of Lihir gold mine and Wafi-Golpu, and the impact COVID-19 has had on its operations.
COVID-19 has taught us to think and act local. Food producers in Papua New Guinea are benefitting from a trend that appears here to stay.
Ground has been broken at the Ihu Special Economic Zone (ISEZ) in Papua New Guinea’s Gulf Province. Project Director Peter KenGemar says companies are already contemplating a move into the zone to take advantage of generous incentives.