In brief: Agriculture Minister says Papua New Guinea must reinvest in sector, and other business stories

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17 Feb 2016 by Business Advantage PNG Leave a Comment

Agriculture Minister says annual investment in agriculture is just K150 million a year, call for mining sector style tax incentives for agriculture, and Leaders’ summit critically important, says O’Neill. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Highlands Pacific, Innovative Agro Industry, Lae Chamber of Commerce, Newcrest Mining, Pacific Islands Forum, Papua New Guinea Chamber of Mines and Petroleum, PNG DataCo, Port Moresby Chamber of Commerce and Industry, Total SA, Vanuatu

In brief: Papua New Guinea preparing to refinance Oil Search share loan, and other business stories

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10 Feb 2016 by Business Advantage PNG Leave a Comment

Banks vie to renew government’s loan for shares in Oil Search, structural faults in Phase One of new Lae port, OK Tedi to resume operations next month. Your weekly roundup of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: China Harbour Engineering Company Ltd, Highlands Pacific, Lae Tidal Basin Project, New Caledonia, Oil Search Ltd, Ok Tedi Mining Ltd (OTML), Pacific Islands Forum, Parties to the Nauru Agreement, PNG Air Services Limited, Solomon Islands, UBS

In brief: Oil Search fends off takeover offer after Woodside shelves bid, and other business stories

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9 Dec 2015 by Business Advantage PNG Leave a Comment

Woodside drops takeover bid for Oil Search, coffee pulper machine installed for smallholders in Jiwaka Province, and market conditions force Hides Gas Development Company to cut workforce. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Anglo American, Kumul Consolidated Holdings, Oil Search Ltd, PACER Plus, Pacific Islands Forum, Papua Mining, Parties to the Nauru Agreement, PNG Gas, PNG Immigration and Citizenship Services Authority (ICA), Productive Partnership in Agriculture Project, Swire Shipping, Woodside Petroleum

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

Meet the Pacific’s new man in Beijing

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10 Jun 2015 by Business Advantage PNG Leave a Comment

David Morris is the Pacific’s new Trade Commissioner to Beijing. He talks to Business Advantage PNG about the changing nature of China’s economy and the trade and investment opportunities for the Pacific Islands that can arise from being part of China’s new ‘Maritime Silk Road’.

Filed Under: Features, Interviews, Region, Sections Tagged With: China, Pacific Islands Forum, Pacific Islands Trade and Invest

In brief: Deal to purchase Motukea for port relocation signed, and other business stories

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29 Oct 2014 by Business Advantage PNG Leave a Comment

State Solicitor refuses approval for purchase of Motukea island land for port relocation, Confusion over Ok Tedi compensation payments, report says PNG state-owned enterprises under performing compared to Pacific counterparts. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Asian Development Bank (ADB), Bank of Papua New Guinea, Coca-Cola Amatil, Cott Oil and Gas, Curtain Bros, ExxonMobil PNG, InterOil Corporation, Mineral Resources Authority, Oil Search Ltd, Oro Province, Pacific Islands Forum, Papua New Guinea Sustainable Development Program (PNGSDP), PNG Ports Corporation, WCB Resources

In brief: Power workers delay strike action for a week, and other business stories

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9 Oct 2014 by Business Advantage PNG Leave a Comment

Power workers give management another week to respond to pay claims, the People’s Micro Bank to get a full banking licence, Sime Darby withdraws from takeover talks with NBPOL. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Cocoa Board of PNG, Felda Global Ventures Holdings Bhd, Glencore, Institute of National Affairs, Nauru, New Britain Palm Oil (NBPOL), Newcrest Mining, Pacific Islands Forum, People’s Micro Bank, Rio Tinto, Secretariat of the Pacific Community, Sime Darby, St Barbara Ltd, Total SA, Wilmar International

People moves: Pacific Islands Forum, Indochine, Marengo Mining

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6 Aug 2014 by Business Advantage PNG Leave a Comment

Papua New Guinean to head up Forum secretariat, major board changes for Indochine Mining, and new senior executives at Marengo Mining.

Filed Under: Latest news, News, People moves Tagged With: Indochine Mining, Marengo Mining, Pacific Islands Forum

In brief: Cabinet considers Ramu Valley as a ‘Special Economic Zone’ for agriculture and other business stories

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6 Aug 2014 by Business Advantage PNG

Cabinet considers a plan to turn the lush Ramu Valley into a Special Economic Zone, Microbank aims at 50,000 customers and Nambawan Super’s overseas investments down 20 per cent. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Constitutional Law Reform Commission, Department of Transport, Horizon Oil, Lae Nadzab Airport, Madang Province, Nambawan Super, Pacific Islands Forum, People’s Micro Bank, PNG Institute of Directors, Stanley gas project

In brief: Ratings agency warning on debt and other business news

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12 Jun 2014 by Business Advantage PNG

Moody’s warns debt could prompt downgrade, tax review committee considers capital gains tax and an EU warning to curb illegal fishing in PNG. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Air Niugini, Autonomous Bougainville Government (ABG), BOC Papua New Guinea, European Union, Indochine Mining, Moody's, National Research Institute, New Britain Palm Oil (NBPOL), Oil Search Ltd, Ok Tedi Mining Ltd (OTML), Pacific Islands Forum, Price Waterhouse Coopers, Santos, Shell

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 […]