In brief: Treasurer Pruaitch calls for tighter regulations to prevent Kina falling, and other business stories

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1 Apr 2015 by Business Advantage PNG Leave a Comment

Companies and dealers ‘adversely affected’ foreign exchange availability in Papua New Guinea, Bougainville Government considers large-scale mining, and Asian Development Bank commits K1.7 billion to PNG. Your weekly digest of the latest business news.

Filed Under: News Tagged With: Asian Development Bank (ADB), Autonomous Bougainville Government (ABG), Bank of Papua New Guinea, Coffee Industry Corporation (CIC), Department of Mineral Policy, ExxonMobil PNG, Independent Consumer and Competition Commission, Kina Petroleum, New Britain Palm Oil (NBPOL), PanAust, Parties to the Nauru Agreement, PNG Power, Santos, Secretariat of the Pacific Community

In brief: Oil Search adapts to changing market conditions, and other business stories

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25 Feb 2015 by Business Advantage PNG Leave a Comment

LNG focus for Oil Search, ANZ warns on debt risk, and Barrick plans to offload Porgera mine. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Anitua, ANZ, Autonomous Bougainville Government (ABG), Barrick Gold, Department Trade Commerce and Industry, Digicel, Fiji Airways, Highlands Pacific, Indigenous Business Council of Papua New Guinea, Nautilus Minerals, Oil Search Ltd, PNG LNG, Port Moresby Chamber of Commerce and Industry, Santos, St Barbara Ltd, World Bank

Aropa Airport on Bougainville re-opens after 24 years as the province prepares for its own time zone

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17 Dec 2014 by Business Advantage PNG

The re-opening of Aropa Airport at Kieta on Bougainville is another vital part of Papua New Guinea’s national infrastructure that will create new opportunities, according to Prime Minister Peter O’Neill.

Filed Under: Infrastructure, Latest news, News, Sections Tagged With: Air Niugini, Autonomous Bougainville Government (ABG), National Airports Corporation, PNG Air, Solomon Airlines, Travel Air

In brief: Crater Gold wins mining licence, and other business stories

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12 Nov 2014 by Business Advantage PNG

Government go ahead for Crater Mountain gold mining, Bank of South Pacific profits rise 16%, study to upgrade Ramu Highway signed. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Autonomous Bougainville Government (ABG), Barrick Gold, BSP Financial Group, Crater Gold Mining, Institute of National Affairs, Kina Asset Management Limited, Nautilus Minerals, PNG Power

Bougainville Copper maintains inside running on re-opening Panguna mine

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20 Aug 2014 by Business Advantage PNG Leave a Comment

The Bougainville parliament has just passed an interim mining act, paving the way for its troubled Panguna copper mine to re-open. Even though the new act removes the automatic renewal of its lease to continue, Bougainville Copper Limited is still the preferred mine operator, as Kevin McQuillan reports.

Filed Under: Features, Industry sectors, Mining/petroleum Tagged With: Autonomous Bougainville Government (ABG), Bougainville Copper Ltd, Rio Tinto

In brief: Bougainville mining law passed, giving licensing regime to Autonomous Government, and other business news

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13 Aug 2014 by Business Advantage PNG

Bougainville’s Autonomous Government moves closer to issuing mining licences, tuna stocks down to 16% of original size and foreign shareholding of NNBPOL won’t exceed 49 per cent. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Autonomous Bougainville Government (ABG), Awal Telecommunications Corporation, Kokonas Indastri Koporesen, National Fisheries Authority (NFA), New Britain Palm Oil (NBPOL), People’s Micro Bank, PNG Air, Ramu NiCo, Secretariat of the Pacific Community, WCB Resources

In brief: Papua New Guinea Prime Minister respects court’s decision on arrest warrant and other stories

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2 Jul 2014 by Business Advantage PNG Leave a Comment

Prime Minister O’Neill to respect court’s decision, Bougainville Copper assesses draft mining bill, and Papua Mining raises exploration funds. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Asian Development Bank (ADB), Autonomous Bougainville Government (ABG), Horizon Oil, National Fisheries Authority (NFA), NGIP Agmark, Papua Mining, ROC Oil

In brief: Ratings agency warning on debt and other business news

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12 Jun 2014 by Business Advantage PNG

Moody’s warns debt could prompt downgrade, tax review committee considers capital gains tax and an EU warning to curb illegal fishing in PNG. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Air Niugini, Autonomous Bougainville Government (ABG), BOC Papua New Guinea, European Union, Indochine Mining, Moody's, National Research Institute, New Britain Palm Oil (NBPOL), Oil Search Ltd, Ok Tedi Mining Ltd (OTML), Pacific Islands Forum, Price Waterhouse Coopers, Santos, Shell

In brief: First LNG shipment on board ship this week and other business stories

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15 May 2014 by Business Advantage PNG Leave a Comment

First LNG cargo loaded this week, O’Neill announces inquiry into asset sales by PNGSDP, and more room for mobile phone operators, says NICTA. Your weekly digest of the week’s top business stories.

Filed Under: In brief, News Tagged With: Air Niugini, Autonomous Bougainville Government (ABG), Awal Telecommunications Corporation, Bank of Papua New Guinea, ExxonMobil PNG, Independent Consumer and Competition Commission, Marengo Mining, National Fisheries Authority (NFA), National Information and Communications Technology Authority (NICTA), Nautilus Minerals, New Guinea Gold Corporation, Oil Search Ltd, Papua New Guinea Sustainable Development Program (PNGSDP), PNG Coffee, Westpac

In brief: new Petroleum Minister, Oil Search bond buyback and other stories

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26 Feb 2014 by Business Advantage PNG Leave a Comment

PNG’s new Petroleum Minister, officials in Abu Dhabi to negotiate Oil Search bond buyback, and the cost of Manus Detention Centre detailed. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: ANZ, Autonomous Bougainville Government (ABG), Crater Gold Mining, Digicel, Ela Motors, Fresh Produce Development Agency, Institute of National Affairs, InterOil Corporation, National Housing Corporation, Nestlé, Ok Tedi Mining Ltd (OTML), Pacific Palms Property, PNG Tourism Promotion Authority, Teck Resources, Transfield Services

Economic update: Papua New Guinea’s decade of growth begins

As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our … [Read More...]

Restaurant review: Lucky Lucky, Port Moresby

Port Moresby’s flourishing dining scene now features a Thai restaurant – and it’s a good ’un. Lucky Lucky launched in late … [Read More...]

Papua New Guinea’s banks embrace a digital future

Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, … [Read More...]

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab … [Read More...]

CEO Survey suggests PNG business is less bullish, but still planning to invest
The 2024 results of Papua New Guinea’s annual business confidence survey, the PNG 100 CEO Survey, are out. Since 2012, the data collected by the PNG 100 CEO Survey has revealed trends in business confidence among PNG’s business leaders. Analysis of the survey data by Westpac has led to the creation of PNG’s first business […]
Whatever the size of your organisation, your brand matters
International branding expert Sergio Brodsky told delegates at the recent Innovation PNG 2023 conference why their organisation’s brand matters – and there’s a lot more to it than just your logo. The post Whatever the size of your organisation, your brand matters appeared first on Business Advantage International.
Major digitisation announcements at Innovation PNG
Last week’s 2023 Innovation PNG conference showcased some of Papua New Guinea’s best and brightest. It also featured the announcement of some significant new initiatives to stimulate the digitisation of the country’s economy. A full-day program featured four international keynote speakers presenting in person, including senior representatives from KPMG, Mastercard and Konica Minolta, augmented by […]