In brief: O’Neill says Papua New Guinea government has no interest in owning Panguna mine, and other business stories

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13 Jan 2016 by Business Advantage PNG Leave a Comment

O’Neill not interested in buying Rio Tinto’s 53% of Bougainville Copper Limited, central bank governor warns government to restrain spending, and kina falls against most currencies in September quarter. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Bougainville Copper Ltd, China, Cott Oil and Gas, Nautilus Minerals, Panguna mine, Philippine Airlines, Rio Tinto, Trans Wonderland

In brief: Redundancies at Petromin Papua New Guinea after oil price slump, and other business news.

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23 Sep 2015 by Business Advantage PNG Leave a Comment

Redundancies at Petromin Holdings ahead of restructure, LNG price slump may go further, and Santos confident its share price will rise. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Bougainville Copper Ltd, Digicel, Eda Ranu, Fiji TV, Kumul Minerals Holdings Ltd, Kumul Petroleum, Lae Tidal Basin Project, Petromin Holdings, Post PNG, Santos, Solomon Islands

In brief: new Bougainville Mining Act creates ‘uncertainty’ over Bougainville Copper’s rights, and other business stories

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6 May 2015 by Business Advantage PNG Leave a Comment

Bougainville Copper to seek formal acknowledgment of Bougainville mining rights, Post PNG pays first dividend, and low-cost ‘squatter’ housing project in Fiji. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Asia Pacific Coconut Community, Asian Development Bank (ADB), Bougainville Copper Ltd, Crater Gold Mining, ExxonMobil PNG, Gold Ridge gold mine, InterOil Corporation, Investment Promotion Authority, Motor Vehicle Insurance Ltd (MVIL), PNG Forest Authority, Post PNG, Shell, Small and Medium Enterprise Corporation (SME Corp), St Barbara Ltd

In brief: National Petroleum Company prepares to raise investment billions, and other business stories

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15 Apr 2015 by Business Advantage PNG Leave a Comment

National Petroleum Company to appoint a specialist debt-raising adviser for new oil and gas projects, Treasury says public debt above 35% limit and anti-corruption hotline more successful than expected. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Bougainville Copper Ltd, BSP Financial Group, Department of Agriculture and Livestock, Department of Finance, Department of Treasury, Gold Ridge gold mine, Innovative Agro Industry, Kumul Petroleum, National Fisheries Authority (NFA), Panguna mine, Parties to the Nauru Agreement, PNG Ports Corporation, Puma Energy, Rio Tinto, Societé Le Nickel, Tolukuma Gold Mine

In brief: relocation of Port Moresby Port to Motukea Island site backed by review, and other business stories

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8 Apr 2015 by Business Advantage PNG

Motukea Island a ‘suitable site’ for Port relocation, majority of Papua New Guinea SMEs in retail, and PNG first Pacific nation to join alliance. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: ANZ, APEC, Barrick Gold, Bougainville Copper Ltd, Coffee Industry Corporation (CIC), Department Trade Commerce and Industry, Golder Associates, Kokonas Indastri Koporesen, Mineral Resources Authority, Motukea Island, National Research Institute, Nautilus Minerals, Newcrest Mining, Oil Search Ltd, PanAust, PNG Power, S P Brewery, Steamships

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: Boost for roads and agriculture, tax review paper released, rubber production halts

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16 Apr 2014 by Business Advantage PNG Leave a Comment

World Bank loan for roads and agriculture, draft tax review released and rubber farming halts in Western Province. Our summary of the week’s business stories.

Filed Under: In brief, Latest news, News Tagged With: Asian Development Bank (ADB), Bougainville Copper Ltd, CPL Group, Gold Ridge gold mine, Horizon Oil, Kina Asset Management Limited, North Fly Rubber Ltd, Oil Search Ltd, One Hundred Sands Ltd, Papua New Guinea Sustainable Development Program (PNGSDP), St Barbara Ltd, World Bank

Bougainville leaders consider lifting exploration moratorium

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9 Jul 2013 by Business Advantage PNG

Bougainville leaders are considering lifting the moratorium on mineral exploration which has been in place since the 1970s, in case the Panguna gold and copper mine does not re-open.

Filed Under: Latest news, Mining/petroleum, News Tagged With: Autonomous Bougainville Government (ABG), Bougainville Copper Ltd, copper, gold, Panguna mine

Review: Mr Pip movie confronting and powerful

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11 Nov 2013 by Business Advantage PNG 3 Comments

Bougainville and its people are the stars of the film Mr Pip, which is set against the island’s troubled past.

Filed Under: Lifestyle, Recreation Tagged With: Autonomous Bougainville Government (ABG), Bougainville Copper Ltd

Bougainville mine could re-open within two years: landowners

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19 Jun 2013 by Business Advantage PNG

The newly-appointed head of the Bougainville landowners group is cautiously optimistic that work to re-open the giant Panguna copper and gold mine could begin within two years.

Filed Under: Latest news, Mining/petroleum, News Tagged With: Autonomous Bougainville Government (ABG), Bougainville Copper Ltd, Panguna mine, Rio Tinto

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 […]