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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New Steamships head bullish on Papua New Guinea economy, despite ‘underwhelming’ six years
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31 Jul 2024 by Leave a Comment
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
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4 Jun 2024 by Leave a Comment
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors.
Papua New Guinea businesses still face serious forex delays, despite interventions
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23 May 2024 by 1 Comment
PNG banks and businesses tell Business Advantage PNG of considerable variation in wait times for foreign exchange, as the country’s central bank acknowledges the economic damage caused. We look at the prospects for improvement.
Papua New Guinea’s ports anticipate lift in freight volumes
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2 May 2024 by Leave a Comment
After a challenging 2023, Papua New Guinea’s port and road transport operators are preparing for a significant recovery in demand this year.
Economic update: Papua New Guinea’s decade of growth begins
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9 Apr 2024 by 2 Comments
As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our editorial team spoke exclusively to dozens of Papua New Guinea business leaders to understand how they are preparing for imminent growth – and what challenges they face. Here’s what they told us.
In Papua New Guinea for the long stay: Hilton, Marriott and more
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26 Mar 2024 by Leave a Comment
Papua New Guinea’s property developers have been busy renovating properties and putting the finishing touches to new projects, including Marriott- and Hilton-branded executive apartments, as the sector gears up for greater economic activity.
‘Cautiously optimistic’: BSP CEO sees improved conditions as Papua New Guinea’s resources projects ramp up
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28 Feb 2024 by Leave a Comment
How does Papua New Guinea’s largest bank see the outlook for business this year? In this exclusive interview with Business Advantage PNG, BSP Financial Group’s CEO Mark Robinson assesses the trends, risks and opportunities, and how factors such as foreign exchange and a devaluing kina will play a part.
Large-scale fabrication plant to underpin industrial park outside Papua New Guinea’s capital
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14 Feb 2024 by Leave a Comment
Work has begun on Kumul Petroleum Holdings Ltd’s US$100 million steel fabrication plant just north-west of Port Moresby. In an exclusive interview, Kumul Petroleum MD Wapu Sonk outlines how the facility will boost PNG manufacturing, and anchor a new Special Economic Zone in the Caution Bay area.
Resources boom to usher in ‘the most exciting ten years’ for Papua New Guinea: Prime Minister Marape
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31 Jan 2024 by Leave a Comment
James Marape, PNG’s Prime Minister, speaks exclusively about PNG’s next decade of economic growth, which he describes as potentially the most exciting in the nation’s history.
2024: what can Papua New Guinea business expect from the year ahead?
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17 Jan 2024 by 1 Comment
Papua LNG, forex and law and order. Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.
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