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Wapu Sonk on Papua LNG – timelines, impacts, and reforms that could benefit industry [video]

Wapu Sonk, Managing Director of Papua New Guinea's state-owned oil and gas company Kumul Petroleum Holdings Limited, spoke about the way forward with the TotalEnergies-led Papua LNG project and the "unexpected blessings" its delay could bring at this month's 2024 Business Advantage PNG Investment Conference. Watch his exclusive fireside chat.
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New banks in Papua New Guinea to ‘change the game’

Credit Corporation was one of two financial institutions to receive PNG commercial banking licences this month, with more new banks planned. Credit Corp's Chief Executive Danny Robinson outlines his bank's digital-first approach, while the IFC's Kevin Gani explains the path forward for other prospective banks.
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New Westside development could be Lae’s “industrial heartland”, says ports CEO

Port authority PNG Ports Corporation is “re-conceptualising” Papua New Guinea's ports into business and logistics hubs, beginning with the signature Westside project in Lae. A bullish Chief Executive Neil Papenfus outlines its plans to upgrade ports across the country.
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George Constantinou on building, construction and hospitality in Papua New Guinea [video]

George Constantinou, third-generation CEO of the Constantinou Group, went through the family album to review his company's past, present and future at this week's 2024 Business Advantage PNG Investment Conference. Watch his fireside chat with BAI's Andrew Wilkins.
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New Steamships head bullish on Papua New Guinea economy, despite ‘underwhelming’ six years

There was a change of leadership at Steamships Trading Company on July 1, with Chris Daniells replacing Rupert Bray as managing director. In an exclusive interview, the two share how Steamships is pursuing its long-term growth plans amid a challenging economic environment.
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Rebranded: Papua New Guinea’s oldest private sector super fund brings new approach to market

PacWealth Capital has acquired the AON Master Trust in PNG superannuation fund and rebranded it as PacSuper. Eric Kramer, Chief Executive of PacSuper, tells Business Advantage PNG about the fund’s growth plans and explains why it is different from the incumbents.
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Could flexible work for parents boost Papua New Guinea firms’ productivity?

Papua New Guinea businesses lose 14 workdays per employee each year to childcare responsibilities, according to a new study by the International Finance Corporation and PNG Business Coalition for Women. But employers have the power to solve this problem, the two leads of the landmark report tell Business Advantage PNG.
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Opinion: How Papua New Guinea can cash in on coffee

The Papua New Guinea Highlands has the potential to see a lucrative coffee boom if only it can weather key production and price issues, argue the International Food Policy Research Institute’s Rishabh Mukerjee and colleagues.
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