Project to revive Papua New Guinea’s lucrative beche-de-mer export industry begins at new mariculture centre in Kavieng

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10 Feb 2016 by Business Advantage PNG 73 Comments

A four-year A$ 1.7 million (K3.6 million) project has begun to map out how to revive Papua New Guinea’s dormant sea cucumber industry.

Filed Under: Fisheries, Industry sectors, Latest news, News Tagged With: National Fisheries Authority

In brief: BSP to finance PNG Ports’ new facilities at Motukea Island, and other business stories

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2 Dec 2015 by Business Advantage PNG Leave a Comment

PNG Ports secures ‘landmark transaction’ with BSP for Motukea Island facilities, impact of kina’s exchange rate over-valuation analysed, and Harmony Gold confirms Kili Teke copper-gold discovery. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: ANZ, BSP Financial Group, Crater Gold Mining, ExxonMobil PNG, Harmony Gold, Kumul Petroleum, National Development Bank, National Fisheries Authority, Nautilus Minerals, Pacific Asia Travel Association, PNG Ports Corporation, rice, Trukai Industries

In brief: Santos aims to improve balance sheet by raising funds, and other business stories

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11 Nov 2015 by Business Advantage PNG Leave a Comment

Capital raising launched by Santos, Australia to provide drought relief for Papua New Guinea and National Fisheries Authority secures South Korean contract. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Business France, Dongwon Industries, National Fisheries Authority, Pacific Islands Forum, Petromin Holdings, PNG LNG, Santos, Scepter Partners, Searcher Seismics, Tolukuma Gold Mine

In brief: Hope that SABLs leases will be return to landowners soon, and other business stories

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7 Oct 2015 by Business Advantage PNG Leave a Comment

Chief Secretary indicates SABL leases will be returned soon, and Woodside CEO says Oil Search bid his ‘full price’. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Anglo American, Bank of Papua New Guinea, Covec (PNG), Curtain Bros, Fiji, Highlands Pacific, Kina Group, Marengo Mining, Mineral Resources Authority, National Fisheries Authority, Pacific Islands Trade and Invest, PNG Ports Corporation, Woodside Petroleum, World Bank

In brief: BSP bid to buy Westpac Vanuatu rejected, and other business stories

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29 Jul 2015 by Business Advantage PNG Leave a Comment

Vanuatu’s Reserve Bank rejects sale of Westpac Vanuatu to BSP, Airlines PNG invited to fly into Samoa and ‘show cause’ notice issued over slow progress of new Lae highway. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, China Minmetals Group, China Railway International, Curtain Bros, Monier, National Fisheries Authority, New Zealand Trade & Enterprise (NZTE), Niuminco Group, Ok Tedi Mining Ltd (OTML), Pheonix Builders, PNG Air, Westpac

In brief: PNG Ports seeks interest for design and construction of Motukea Island wharf, and other business stories

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22 Apr 2015 by Business Advantage PNG 1 Comment

Motukea Island Port project expressions of interest called for, PM dismisses ‘secret deals’ with Rio Tinto, and Star Mountains project JV launches exploration campaign. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Anglo American, Bishops, Enerpac, Fiji, Highlands Pacific, Kumul Consolidated Holdings, NASFUND, National Fisheries Authority, National Housing Corporation, Oil Search Ltd, Orion, PNG Ports Corporation, Rio Tinto, Searcher Seismics, Secretariat of the Pacific Community, Sovereign Wealth Fund, Steamships, Vanuatu

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

In brief: Moves to reduce internet charges and other business stories

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18 Mar 2015 by Business Advantage PNG 1 Comment

New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.

Filed Under: Fisheries, In brief, News Tagged With: Australia Papua New Guinea Business Council, Barrick Gold, Crater Gold Mining, Credit Corporation, Gold Ridge gold mine, Harmony Gold, Hawkins Group, K92 Holdings International Ltd, National Capital District, National Executive Council, National Fisheries Authority, National Information and Communications Technology Authority (NICTA), Newcrest Mining, Pacific Assurance Group, Parties to the Nauru Agreement, PNG DataCo, PNG Ports Corporation, PNG Rubber Board, Post PNG, Small and Medium Enterprise Corporation, Stanley gas project

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, Nautilus Minerals, New Britain Palm Oil (NBPOL), Newcrest Mining, Ok Tedi Mining Ltd (OTML), Port Moresby Chamber of Commerce and Industry, Santos, Sime Darby, Sovereign Wealth Fund, Steamships, Trukai Industries, Westpac

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, Nautilus Minerals, New Britain Palm Oil (NBPOL), PNG Games, Trukai Industries

Work begins on Kumul Petroleum’s world-class fabrication facility in Papua New Guinea

Kumul Petroleum’s plan to manufacture large-scale infrastructure components for major resources projects in Papua New Guinea has … [Read More...]

Papua New Guinea’s organically certified vanilla can demand premium prices

To cater for growing global demand for organically-grown vanilla, Madang-based exporter Kamapin is expanding its support for Papua … [Read More...]

In brief: Papua New Guinea’s Mid-Year Economic and Fiscal Outlook shows inflation slowing, and other business stories

Papua New Guinea's Mid-Year Economic and Fiscal Outlook shows inflation slowing, Airbus wins race to replace Air Niugini fleet, … [Read More...]

Conference catches Papua New Guinea of the cusp of a new era of investment

Investment and partnership opportunities were a focus at this year's 2023 Business Advantage Papua New Guinea Investment … [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 […]