In brief: Porgera Landowners Association presents a petition to renew mining lease and other business stories

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The future could look bright for Porgera gold mine, Western Province announces its position on P’nyang, and Papua New Guinea’s Treasurer says non-resource growth for 2020 is projected at 3.3 per cent. The business news you need to kick-start your week.

Boardroom briefing: the challenges of upgrading an airline fleet, Bougainville boost and designing happy workplaces

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Future-proofing Papua New Guinea’s national airline, the first beneficiary of the Bougainville Referendum, and planning workspaces to help increase productivity. Readings from around the world on business, leadership and management.

Building and Construction: a sector profile

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A profile of the building and construction sector in Papua New Guinea, including information on acquisition of land, approvals, building boards and taxes.

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Papua New Guinea’s two big super funds on how to improve capital raising

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PNG’s superannuation funds are heavily weighted towards cash and government bonds. But many other opportunities could be developed, senior executives of the two big super funds told the 2019 Business Advantage Investment Conference.

People Moves: Digicel, Remington Group, Port Moresby Chamber of Commerce and Industry, Kina, Nambawan Super

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Digicel Papua New Guinea announces new head of HR, Remington Group welcomes a manager to its marketing team and POMCCI appoints a new CEO.

Economic update: Papua New Guinea’s economy gathers pace

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After years of low growth, the Pacific’s largest economy is looking to benefit from new resources and infrastructure investment—plus a dividend from hosting APEC 2018. Business Advantage PNG’s Andrew Wilkins talks with Papua New Guinea’s business leaders about the year ahead.

In brief: ANZ Bank expects kina to rise with next round of LNG projects, and other business stories

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ANZ Bank expects Kina to rise above $0.35 cents from early 2020, Ramu 2 hydropower project to commence next March, and security preparations for APEC step up. Your weekly digest of the latest business news. 

In Brief: KAML announces half-year profit of K1.22m, and other business stories

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Kina Asset Management’s half-year net profit, Range View precinct under way, and a local tech company trials its own messaging app. Your weekly digest of the latest business news.

The key factor Papua New Guinea’s banks and super funds look for before they will invest in your business

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To get investment into Papua New Guinea businesses, sound governance is essential. That was the view expressed by super fund managers, bankers and advisers at Business Advantage’s Investment conference in Brisbane.

Super fund executives outline their investment strategies

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How do Papua New Guinea’s two largest super funds, Nambawan Super and NASFUND, make investment decisions on behalf of their members? Two senior executives provide their investment guidelines, which have led both funds to perform well in difficult economic conditions.