PNGX-listed Steamships Trading Company, which owns businesses across logistics, property and hospitality, last year achieved impressive 12 per cent revenue growth. Business Advantage PNG recently caught up with its Managing Director Rupert Bray to learn about its ambitious plans to grow further.
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Seven questions for Rupert Bray, Managing Director at Steamships
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30 May 2023 by Leave a Comment
Nasfund’s Ian Tarutia: the ‘exit interview’
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27 Apr 2023 by Leave a Comment
Before he handed over the baton to incoming CEO Rajeev Sharma last month, Nasfund’s long-serving CEO Ian Tarutia, spoke to Business Advantage PNG about his time in charge of Papua New Guinea’s largest private sector superannuation fund – and where PNG’s economy might go from here.
In brief: Kumul Petroleum signs deal to build fabrication facility and other business stories
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14 Mar 2023 by Leave a Comment
Kumul Petroleum signs deal to build fabrication facility, Nasfund announces net profit and feasibility study for the Mongi hydroelectric project. Your business news in summary.
Four questions for Thomas Bellamy, COO of Steamships Logistics Division
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18 Jan 2023 by 1 Comment
Steamships’ Logistic Division is Papua New Guinea’s largest transport and logistics provider – and it’s making some significant new investments. Chief Operating Officer Thomas Bellamy tells Business Advantage PNG what’s in store for 2023 – and what’s driving growth.
In brief: Mineral Resources Enga signs Porgera agreement and other stories
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24 Aug 2022 by Leave a Comment
Mineral Resources Enga signs ‘milestone agreement’ towards the reopening of the Porgera mine, negotiations for sale of Telikom PNG and Air Niugini to upgrade fleet. The business news you can’t miss.
Green shoots and structural shifts
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19 May 2022 by Leave a Comment
While we’re still waiting for major projects to commence, some key data is suggesting Papua New Guinea’s economy has turned a corner.
In brief: ICCC approves Telstra’s acquisition of Digicel and other business stories
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21 Feb 2022 by Leave a Comment
Green light for Telstra’s acquisition in Papua New Guinea, Newcrest posts disappointing six month results and flights to Lihir Island resume. The business news your need this week.
Oil Search’s shareholders vote overwhelmingly to merge with Santos
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7 Dec 2021 by Leave a Comment
Oil Search’s shareholders have voted overwhelmingly to approve its merger with fellow petroleum and gas company Santos at a special shareholders meeting. With National Court and ICCC approval also received, the way is clear for the creation of a A$23 billion (K56.88 billion) resources company.
In brief: Dirio ready to supply power to Port Moresby by the end of October and other business stories
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27 Oct 2021 by Leave a Comment
Dirio ready to supply power to Port Moresby’s grid, Oil Search revenue and production increases, and two SMEs join forces to host a challenge for Papua New Guinea’s entrepreneurs. The business news you need today.
The ‘Four Horsemen’ of PNG’s economy
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1 Oct 2021 by Leave a Comment
PNG’s Pandemic Controller David Manning’s decision to remove the requirement for international visitors to quarantine on arrival is a significant development if it lasts, making it easier for international business people and skilled workers to come to PNG.
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