Papua New Guinea’s property developers have been busy renovating properties and putting the finishing touches to new projects, including Marriott- and Hilton-branded executive apartments, as the sector gears up for greater economic activity.
In Papua New Guinea for the long stay: Hilton, Marriott and more
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26 Mar 2024 by Leave a Comment
What business opportunities will flow from the Papua LNG project?
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12 Oct 2022 by 4 Comments
More details have been revealed about the planned TotalEnergies-led Papua LNG gas project and how businesses can get involved.
Hilton Hotel opening in Port Moresby a ‘key story’ for Papua New Guinea says MD
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13 Nov 2018 by 2 Comments
All eyes this week are on Port Moresby in general and the capital’s new Hilton Hotel in particular. Business Advantage PNG takes a look at the site that will host the APEC Leaders’ Gala Dinner and Cultural Performance.
Could Papua New Guinea’s offshore investment double?
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6 Jun 2018 by 1 Comment
Offshore investment by Papua New Guinea companies remains comparatively small, but there are opportunities. One banking executive suggests it as an important way local financial institutions can diversify.
Kumul Petroleum MD believes ‘step change’ needed to achieve electrification targets in Papua New Guiea
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22 May 2018 by 1 Comment
The Managing Director of Kumul Petroleum Holdings (KPH), Wapu Sonk, believes a ‘step change’ is needed in the electrification of Papua New Guinea. He argues that some gas production should be reserved for domestic production.
MRDC adopting more active investment strategy says MD
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27 Mar 2018 by 4 Comments
The Mineral Resources Development Company (MRDC) was formed in 1975 and is as old as Papua New Guinea itself. Chief Executive Augustine Mano tells Business Advantage PNG that the enterprise has a wide mandate.
Papua New Guinea participates in a global transparency initiative for the resources industries
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24 Feb 2016 by Leave a Comment
Papua New Guinea has participated in its first report to the Extractive Industries Transparency Initiative (EITI), which is a global effort to improve transparency in resource rich countries to help them avoid the so-called ‘resource curse’.
In brief: PM to launch construction phase of Pacific Marine Industrial Zone project, and other business stories
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4 Nov 2015 by Leave a Comment
Pacific Marine Industrial Zone construction to start this month, personnel emoluments overruns costing PNG millions, and Newcrest Mining delivers profit. Your weekly digest of the latest business news.
In brief: Oil Search rejects Woodside takeover bid as ‘highly opportunistic’, and other business stories
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16 Sep 2015 by Leave a Comment
Analysts predict Woodside will up its takeover offer for Oil Search, Business leader estimates K1.5 billion in foreign currency waiting for processing, and NZ re-opens its trade office in Port Moresby. Your weekly digest of the latest business news.
In brief: Papua New Guinea Power fast-tracks extra machines to stabilise power in Port Moresby, and other business stories
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9 Sep 2015 by Leave a Comment
Port Moresby load shedding after shortfall in generation capacity, NRL rights deal kicks Telikom’s purchase of EMTV into touch, Eastern Highlands coffee producers may switch to robusta. Your weekly digest of the latest business news.
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