Papua New Guinea’s Ihu Special Economic Zone builds momentum

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Ground has been broken at the Ihu Special Economic Zone (ISEZ) in Papua New Guinea’s Gulf Province. Project Director Peter KenGemar says companies are already contemplating a move into the zone to take advantage of generous incentives.

In brief: Papua New Guinea’s Porgera and Wafi-Golpu mines to be prioritised and other business news

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Mineral Resources Authority to prioritise Porgera and Wafi-Golpu, Papua New Guinea’s Forestry Industry struggling, and over K1.4 billion of new road contracts announced. The business news you need today.

People moves: Credit Corp, Mayur Resources

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Credit Corporation announces changes to its team and Mayur Resources welcomes two board Directors.

In brief: Papua New Guinea grants Special Economic Zone status to Mayur’s project and other business stories

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Mayur’s Central Lime and Cement project receives Special Economic Zone status, Porgera mine announcement coming on 16 September and COVID cases increase in Papua New Guinea. The business news you need today.

People moves: PNG Air, National and Supreme Court, Mayur

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PNG Air appoints two key positions, the National and Supreme Court welcome five new judges and Mayur Resources Limited announces changes to its board.

People moves: PNG Chamber of Mines and Petroleum, Mayur Resources, National Gaming Control Board, Oil Search, National Executive Council

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A new president for the Papua New Guinea Chamber of Mines and Petroleum, a new head for Mayur Resources’ lime and cement business, Oil Search welcomes a Director, the National Gaming Control Board adds to its board, and a new Deputy Controller of the National Pandemic Response.

Mineral sands and sago: Mayur Resources grows portfolio in Papua New Guinea

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Mayur Resources’ mineral sands project at Orokolo Bay, Gulf Province, is close to commencing according to Managing Director Paul Mulder. He highlights the opportunities to Business Advantage PNG.

In brief: COVID-19 surge in Papua New Guinea and other business stories

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A surge of COVID-19 cases in Papua New Guinea, Oil Search posts major loss and NEC endorses the National Energy Authority Bill 2020. The midweek business news, curated for you by Business Advantage PNG.

In brief: Kumul Petroleum awards contracts for a new power generation facility and other business stories

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Kumul Petroleum Holdings advances plans for a new power generation facility, new Australian new travel requirements and Ok Tedi Mining announces final dividend. Your round-up of the latest business news.

2020: the year in review for Papua New Guinea business

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COVID-19, Porgera and politics may have monopolised the attention of the media, but 2020 brought many other challenges, unexpected changes and triumphs for business. Here’s how Business Advantage PNG reported on this extraordinary year.