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 (BCL), BSP Financial Group, Department of Agriculture and Livestock, Department of Finance, Department of Treasury, Gold Ridge gold mine, Innovative Agro Industry, Kumul Petroleum (KPHL), National Fisheries Authority (NFA), Panguna mine, Parties to the Nauru Agreement, PNG Ports Corporation, Puma Energy, Rio Tinto, Societé Le Nickel, Tolukuma Gold Mine

What makes brands work in Papua New Guinea?

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25 Mar 2015 by Andrew Wilkins Leave a Comment

A recent online survey to identify Papua New Guinea’s most recognisable brands suggests that traditional marketing techniques still hold sway in PNG. But for how much longer?

Filed Under: Features, Opinion/analysis, Sections Tagged With: Air Niugini, Brian Bell Group, BSP Financial Group, City Pharmacy Ltd (CPL) Group, NGIP Agmark, Ramu Sugar, SP Brewery, Telikom PNG, Trukai Industries

In brief: promise to complete key highway within 30 months and other business stories

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12 Mar 2015 by Business Advantage PNG

PM promises to upgrade Gulf-Southern Highlands Highway, a ban on foreigners buying land, and a possible chocolate factory for East Sepik. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Air Niugini, Barrick Gold, BSP Financial Group, Business Coalition for Women, Gulf Province, Independent Consumer and Competition Commission (ICCC), K92 Mining, Marengo Mining, Nambawan Super, Oil Search Ltd, Origin Energy, Petromin Holdings, Santos, Standard & Poor’s (S&P)

In brief: Total to lead Elk-Antelope gas development, and other business stories

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4 Mar 2015 by Business Advantage PNG

Joint venture elects Total as operator, PNG DataCo discusses Solomon Islands link, and WCB Resources lifts stake in gold project. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Click TV, Digicel (Parent company and all subsidiaries), ExxonMobil PNG, Grand Papua Hotel, Highlands Highway, Horizon Oil, Indochine Mining, InterOil Corporation, Lowy Institute, New Britain Palm Oil (NBPOL), Oil Search Ltd, Parties to the Nauru Agreement, PNG DataCo, PNG Forest Authority, Simberi gold mine, St Barbara Ltd, Stanley gas project, Steamships, Total SA, WCB Resources

In brief: Air Niugini expands services with Melanesian partnership, and other business stories

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18 Feb 2015 by Business Advantage PNG

Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Anglo American, BSP Financial Group, Cott Oil and Gas, Cue Energy Resources, European Union, ExxonMobil PNG, Highlands Pacific, InterOil Corporation, National Fisheries Authority (NFA), Nautilus Minerals, New Britain Palm Oil (NBPOL), Newmont Corporation (formerly Newcrest), Ok Tedi Mining Ltd (OTML), Port Moresby Chamber of Commerce and Industry, Santos, Sime Darby, Sovereign Wealth Fund, Steamships, Trukai Industries, Westpac

In brief: PNG LNG project reaches ‘financial completion’, and other business stories

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11 Feb 2015 by Business Advantage PNG Leave a Comment

PNG LNG project satisfies financial agreements, PNG Ports profits double, and Indochine Mining raises funds. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Anglo American, BSP Financial Group, Coffee Industry Corporation (CIC), Coppermoly Ltd, ExxonMobil PNG, Highlands Pacific, Indochine Mining, Kula Gold, Mineral Resources Authority (MRA), New Britain Palm Oil (NBPOL), PNG LNG, PNG Ports Corporation, Sime Darby, Standard & Poor’s (S&P), Talisman Energy

In brief: Newcrest output at Lihir ‘below expectations’ despite improvement, and other business stories

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4 Feb 2015 by Business Advantage PNG Leave a Comment

Production issues hit Newcrest, Digicel launches cloud-based product, and Mitsui delivers PNG LNG carrier. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Coffee Industry Corporation (CIC), Department of Education, Digicel (Parent company and all subsidiaries), European Union, Fiji, Mitsui, National Airports Corporation, National Research Institute, Nautilus Minerals, Newmont Corporation (formerly Newcrest), Oil Search Ltd, PanAust, PNG Customs Services, PNG LNG, St Barbara Ltd, Standard & Poor’s (S&P), Trukai Industries, Westpac

BSP expands further into the Pacific and launches new subsidiary

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4 Feb 2015 by Business Advantage PNG

A commitment to growth throughout the Pacific region has continued for Papua New Guinea-based Bank of South Pacific, with the acquisition of new Pacific operations from Westpac and launch of a new subsidiary.

Filed Under: Banking and finance, Latest news, News Tagged With: BSP Financial Group, Westpac

In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories

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28 Jan 2015 by Business Advantage PNG Leave a Comment

Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.

Filed Under: Banking and finance, Business services, Fisheries, Hospitality & tourism, In brief, Latest news, Manufacturing, Mining/petroleum, News Tagged With: Bima, BSP Financial Group, Coffee Industry Corporation (CIC), Digicel (Parent company and all subsidiaries), ExxonMobil PNG, Fiji Sugar Corporation, InterOil Corporation, Kokonas Indastri Koporesen, Nambawan Seafoods, Niuminco Group, O3b networks, Oil Search Ltd, Pacific Games, Philippine Airlines, Port Moresby Chamber of Commerce and Industry, Puma Energy, Santos, Total SA, World Bank

Papua New Guinea’s oldest finance company remains optimistic

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3 Dec 2014 by Business Advantage PNG 1 Comment

Papua New Guinea’s credit finance industry has had ‘a challenging year’, according to Peter Burland, at one of the country’s leading finance companies, Credit Corporation Finance Ltd. Despite that, the company has expansion plans, he tells Business Advantage PNG.

Filed Under: Banking and finance, Company profiles, Industry sectors, Sections Tagged With: BSP Financial Group, Credit Corporation

Economic update: Will 2025 be Papua New Guinea’s golden year?

Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary … [Read More...]

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

Report from the 2024 Papua New Guinea Investment Conference

This week's 2024 Business Advantage PNG Investment conference saw top speakers from across the business sector and government come … [Read More...]

From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]
Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]