In brief: Second mining company in play to revive Panguna copper mine, and other business stories

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5 Jul 2017 by Business Advantage PNG

Australian miner with links to Bougainville landowners bids to restart Panguna, research into boosting tourism in East New Britain and Milne Bay, and ABAC prepares paper on life after mining projects. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Anitua, APEC Business Advisory Council (ABAC), Autonomous Bougainville Government (ABG), International Finance Corporation (IFC), KAML, Kina Asset Management Limited, Pacific Energy Aviation (PEAL), PNG Institute of Directors, PNG Tourism Promotion Authority, RTG Mining

Results of Papua New Guinea’s major companies show some struggling more than others

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15 Mar 2016 by David James 2 Comments

Recently released results of some of Papua New Guinea’s major companies indicate that the economic downturn in 2015 put significant pressure on earnings. However, while energy companies suffered most, PNG’s finance sector proved resilient.

Filed Under: Economy/Investment, Latest news, News Tagged With: BSP Financial Group, Kina Asset Management Limited, Kina Group, Nambawan Super, NASFUND, Newcrest Mining, Oil Search Ltd, Port Moresby Stock Exchange, Steamships

In brief: Papua New Guinea’s Bank of South Pacific completes purchase of three Westpac Pacific operations, and other business news

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15 Jul 2015 by Business Advantage PNG Leave a Comment

Bank of South Pacific finalises purchase of Westpac’s Tonga, Samoa and Cook Islands banks; Special Economic Zone agreement in East Sepik and Santos reportedly buying into P’nyang gas field. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: BSP Financial Group, Gold Ridge gold mine, International Food Corporation, Kina Asset Management Limited, Kumul Gamechangers, LR Group, Mineral Resources Authority, Moody's, New Guinea Gold Corporation, Pacific Balanced Fund, Santos, St Barbara Ltd, Westpac

In brief: Credit Corp profit down after completion of LNG plant, and other business stories

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1 Jul 2015 by Business Advantage PNG Leave a Comment

Credit Corp profit down, companies begin closing offshore foreign currency accounts, and new air navigation system to be installed across Papua New Guinea. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Australian High Commission, Bank of Papua New Guinea, Credit Corporation, Digicel, Hilton, Institute of National Affairs, Kina Asset Management Limited, Link PNG, Nautilus Minerals, Parties to the Nauru Agreement, PNG Air, Travel Air

Papua New Guinea’s Kina Group looks to the future

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11 Dec 2014 by Business Advantage PNG Leave a Comment

From modest beginnings, Papua’s New Guinea’s largest non-bank financial services company, the Kina Group, has come a long way. Chief Executive Officer Syd Yates explains the Kina vision to Business Advantage PNG.

Filed Under: Banking and finance, Company profiles, Industry sectors, Interviews, Sections Tagged With: Kina Asset Management Limited

In brief: 25 billion kina of mining investment in Papua New Guinea and other business stories

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3 Dec 2014 by Business Advantage PNG

Over 25 billion kina of mining investments over next decade expected, and New Britain Palm Oil hit by kina’s value. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Asian Development Bank (ADB), Indochine Mining, Kina Asset Management Limited, Kula Gold, Melanesian Spearhead Group, National Fisheries Authority (NFA), Nautilus Minerals, New Britain Palm Oil (NBPOL), PNG Games, Trukai Industries

In brief: InterOil chief says Elk-Antelope project will support ‘at least two trains’, and other business stories

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26 Nov 2014 by Business Advantage PNG 1 Comment

More details about the potential of the Elk-Antelope LNG Project emerge, 108 companies apply for exemptions to minimum wage increase, and social media fundraising underway to buy Bougainville cocoa. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Australian High Commission, Coppermoly Ltd, Curtain Bros, European Union, InterOil Corporation, Kina Asset Management Limited, National Fisheries Authority (NFA), Ok Tedi Development Foundation, Ok Tedi Mining Ltd (OTML), Shamrock Engineering, Steamships

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

In brief: O’Neill declares PNG moving towards a new regime of ‘managed economic growth’ and other business stories.

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3 Sep 2014 by Business Advantage PNG

A new approach to managing PNG’s economy, Manus Island detention centre to be ‘wound down’, and PNG cricketers turning professional. Your weekly digest of the latest regional business news.

Filed Under: Latest news, News Tagged With: BSP Financial Group, Curtain Bros, Digicel, Kina Asset Management Limited, Lae Chamber of Commerce, Mainland Holdings, Morobe Mining Joint Ventures, Ok Tedi Mining Ltd (OTML), PanAust, Papua New Guinea Sustainable Development Program (PNGSDP), Sojitz Corp, Steamships, United Nations, United Nations Development Program, Western and Central Pacific Fisheries Commission

In brief: Papua New Guinea Treasurer says banks’ kina trading range too high and other stories

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25 Jun 2014 by Business Advantage PNG

Banks trading ‘well and above’ preferred kina rate, minister wants business contracts under K10 million to be reserved for Papua New Guineans, and Bakani says reserves will last seven months. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Bank of Papua New Guinea, Coffee Industry Corporation (CIC), Department of Lands, Horizon Oil, Investment Promotion Authority, Kina Asset Management Limited, National Fisheries Authority (NFA), Oil Search Ltd, ROC Oil, Special Agricultural Business Leases, Tavurvur Holdings, WCB Resources

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 […]