Information and communications technology (ICT) reform in Papua New Guinea is not only delivering cheaper prices and stronger competition: it is also helping businesses devise a new generation of innovative services. As most companies that do business there will tell you, while it can be very rewarding, Papua New Guinea is a demanding environment in […]
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Case Study: Ela Motors, driving Papua New Guinea’s growth
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1 May 2010 by Leave a Comment
Toyota Tsusho subsidiary Ela Motors has a long and distinguished history in PNG. Its current programme of new investment illustrates how standards are rising fast in PNG’s services sector. While many automotive businesses around the world suffered during the global downturn, automotive sales and service company Ela Motors grew significantly in PNG and dominated the […]
OilSearch celebrates 80 years in Papua New Guinea
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1 May 2009 by Leave a Comment
OilSearch Limited is PNG’s longest-established resources company, with an 80-year history of operations in the country. It currently operates all of PNG’s producing oil and gas fields and also has operations in Australia, Yemen and the United Arab Emirates. In fact, the company is still making history, announcing a record US$240 million post-tax profit for […]
Shipping volumes steady in face of volatility
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15 May 2025 by Leave a Comment
Leaders in PNG’s shipping sector tell Business Advantage PNG that demand is holding firm. But they acknowledge that high global freight rates and the delay to Papua LNG could get in the way of growth.
How Steamships Logistics is preparing for PNG’s next wave of resources projects [video]
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27 Feb 2025 by Leave a Comment
Nick Fisher, Chief Executive Officer of Steamships Logistics, tells Business Advantage PNG how his firm is preparing for a Papua LNG final investment decision, and takes us inside plans to ensure Papua New Guinea has enough qualified seafarers to support the growth of the shipping sector.
In brief: Porgera’s Special Mining Lease application lodged and other business stories
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21 Jun 2023 by 1 Comment
Special Mining Lease application for the Porgera mine lodged, Japanese company JX Nippon to hold a stake of Papua LNG, and Papua New Guinea’s first green finance policy launched. Your business news in summary.
New negotiations, new laws: Kumul Petroleum’s MD says oil and gas sector is looking ‘much stronger’
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19 Sep 2021 by Leave a Comment
Wapu Sonk, Managing Director of Kumul Petroleum, says that Papua New Guinea’s oil and gas sector is looking ‘much stronger’ with the Papua LNG project set to have its final investment decision in 2023. But, he told the 2021 Business Advantage PNG Investment Conference, that proposed changes to the country’s oil and gas law have been delayed.
Shifting through the low gears
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5 Mar 2021 by Leave a Comment
Given the delicate state of Papua New Guinea’s economy, as indicated by recent World Bank and Asian Development Bank forecasts, the news last month that the final legislative hurdle for the Papua LNG project had been delivered is welcome.
In brief: Talks with Total to resume and other business stories
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7 Dec 2020 by Leave a Comment
Supreme Court to make ruling, Telikom PNG cuts fixed-line call services, and a Total delegation readies to talk Papua LNG. The business news you need to kickstart your week.
Bank South Pacific’s CEO gives his predictions for 2020
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22 Nov 2019 by Leave a Comment
In this exclusive interview, Bank South Pacific’s Chief Executive Officer, Robin Fleming, speaks with Business Advantage PNG about the real impact of Papua LNG and P’nyang, how power cuts are affecting mobile banking and the prospects for business in 2020.
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