John Byrne, President of the Lae Chamber of Commerce and Industry (LCCI), tells Business Advantage PNG that despite foreign exchange shortages and poor roads, there is an upward trend in the city.
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The World Bank has released its latest half-yearly appraisal of Papua New Guinea’s economy. It confirms PNG’s economy contracted last year but predicts it will bounce back over the next three years, subject to some ‘rising uncertainties’.
Papua New Guinea’s Minister for Petroleum suggests there could be changes to the Papua LNG agreement, Prime Minister James Marape visit to Australia and Air Niugini to put a fleet replacement plan in place. Your weekly digest of business news.
Harmony Gold Mining is evaluating options to extend the life of the Hidden Valley mine in Papua New Guinea, Harmony’s CEO for South East Asia, Johannes Van Heerden tells Business Advantage PNG.
Papua New Guinea landowner company NKW Holdings has undergone a massive expansion in the past eight years. In this exclusive interview with Business Advantage PNG, Chief Executive Officer Marlen Brunskill talks about the growth of the company and why the future looks promising.
Google hires about 10,000 humans to improve search results, Papua New Guinea’s ‘annual half-time score on the economy’, and Instagram rolls out its ‘like’ test in more countries. Readings from around the world on business, leadership and management.
Trukai Industries welcomes a General Manager, Sales and Marketing, and Oil Search announces four new appointments.
Oil Search has cut its 2019 capital spending budget, delays in the Wafi-Golpu project has lead to job loss, and Bank South Pacific reports liquidity in Papua New Guinea’s banking sector has decreased. Your weekly digest of business news.
Paradise Foods Limited is the oldest food manufacturer in Papua New Guinea and its new Group CEO, James Rice, is tasked with ensuring the company is number one across its food categories. In this exclusive interview with Business Advantage PNG, Rice shares his plans to double the business.
Equipment supplier Bishop Brothers is positioning itself to be a major supplier to the forthcoming Papua LNG project, according to General Manager Len Pianta. He tells Business Advantage PNG the company is also looking at opportunities to expand into Fiji and New Caledonia.