Bright spots, but challenges remain for Papua New Guinea’s mining sector

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10 Jun 2015 by Business Advantage PNG Leave a Comment

Despite some positive developments for the mining sector in Papua New Guinea, the industry continues to face funding challenges for critical exploration activity, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG.

Filed Under: Features, Mining/petroleum Tagged With: Anglo American, Highlands Pacific, PanAust, Papua New Guinea Chamber of Mines and Petroleum, PNG LNG, Wafi-Golpu

In brief: Treasury to review 2015 Papua New Guinea Budget, and other business stories

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27 May 2015 by Business Advantage PNG Leave a Comment

Falling commodity prices and rating outlook drop prompts Budget review, O’Neill supports Madang marine zone and new police chief to boost numbers in Port Moresby. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Asia Pacific Coconut Community, Autonomous Bougainville Government (ABG), Bank of Papua New Guinea, Barrick Gold, Bima, BSP Financial Group, Credit Corporation, Department of Treasury, Guangdong Rising Asset Management, Hawkins Group, Melanesian Tourist Services, Moody's, Newcrest Mining, Pacific Financial Inclusion Programme, Pacific Marine Industrial Zone, PanAust, Solomon Islands, Tropicair, Trukai Industries, Zijin Mining

In brief: Court refuses to hear Ok Tedi claim, and other business stories

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13 May 2015 by Business Advantage PNG Leave a Comment

International court refuses to hear claim about government takeover of Ok Tedi mine, five percent aid cut to PNG and trial export of fresh vegetables to Fiji. Your weekly digest of the latest business news. The International Court for the Settlement of Investment Disputes has declined to hear PNG Sustainable Development Program’s claims against the Government […]

Filed Under: In brief, Latest news, News Tagged With: aid, China Harbour Engineering Company Ltd, Guangdong Rising Asset Management, Innovative Agro Industry, Mineral Resources Authority, Nautilus Minerals, Oil Search Ltd, PanAust, Papua New Guinea Sustainable Development Program (PNGSDP), Repsol, rice, Santos, Swire Shipping, Talisman Energy, Trukai Industries, Woodside Petroleum

In brief: Salini-Impregilo to develop Papua New Guinea’s biggest hydro project, and other business stories

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29 Apr 2015 by Business Advantage PNG

Italian firm to construct giant Chimbo hydro dam, SOEs’ assets valued at K20 billion, and development concept for Elk-Antelope expected by mid-year. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Air Niugini, Asian Development Bank (ADB), BSP Financial Group, China Shenyang International Economics and Technical Cooperation Corporation, Digicel, ExxonMobil PNG, Guangdong Rising Asset Management, Hilton, Newcrest Mining, Pacific Marine Industrial Zone, PanAust, Papua LNG, PNG LNG, PNG Power Ltd, Salini-Impregilo, Solomon Islands, Telikom PNG, Trukai Industries

In brief: relocation of Port Moresby Port to Motukea Island site backed by review, and other business stories

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8 Apr 2015 by Business Advantage PNG

Motukea Island a ‘suitable site’ for Port relocation, majority of Papua New Guinea SMEs in retail, and PNG first Pacific nation to join alliance. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: ANZ, APEC, Barrick Gold, Bougainville Copper Ltd, Coffee Industry Corporation (CIC), Department Trade Commerce and Industry, Golder Associates, Kokonas Indastri Koporesen, Mineral Resources Authority, Motukea Island, National Research Institute, Nautilus Minerals, Newcrest Mining, Oil Search Ltd, PanAust, PNG Power Ltd, S P Brewery, Steamships

In brief: Treasurer Pruaitch calls for tighter regulations to prevent Kina falling, and other business stories

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1 Apr 2015 by Business Advantage PNG Leave a Comment

Companies and dealers ‘adversely affected’ foreign exchange availability in Papua New Guinea, Bougainville Government considers large-scale mining, and Asian Development Bank commits K1.7 billion to PNG. Your weekly digest of the latest business news.

Filed Under: News Tagged With: Asian Development Bank (ADB), Autonomous Bougainville Government (ABG), Bank of Papua New Guinea, Coffee Industry Corporation (CIC), Department of Mineral Policy, ExxonMobil PNG, Independent Consumer and Competition Commission, Kina Petroleum, New Britain Palm Oil (NBPOL), PanAust, Parties to the Nauru Agreement, PNG Power Ltd, Santos, Secretariat of the Pacific Community

In brief: Newcrest output at Lihir ‘below expectations’ despite improvement, and other business stories

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4 Feb 2015 by Business Advantage PNG Leave a Comment

Production issues hit Newcrest, Digicel launches cloud-based product, and Mitsui delivers PNG LNG carrier. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Coffee Industry Corporation (CIC), Department of Education, Digicel, European Union, Fiji, Mitsui, National Airports Corporation, National Research Institute, Nautilus Minerals, Newcrest Mining, Oil Search Ltd, PanAust, PNG Customs Services, PNG LNG, St Barbara Ltd, Standard & Poor’s (S&P), Trukai Industries, Westpac

In brief: PNG LNG project plans investment decision on third train in 2017, and other business stories

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21 Jan 2015 by Business Advantage PNG

PNG Government signs agreement with PNG LNG project partners, UN expects significant economic growth in PNG, and National Petroleum Company to revise annual plan following oil crash. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Coffee Industry Corporation (CIC), Credit Suisse Group, ExxonMobil PNG, Horizon Oil, Institute of National Affairs, Kumul Petroleum, Nambawan Super, NASFUND, Oil Search Ltd, Ok Tedi Development Foundation, PanAust, PNG LNG, PNG Petroleum, Santos

People moves: NASFUND, Steamships, PanAust

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12 Nov 2014 by Business Advantage PNG

New senior appointments at NASFUND, a new director at Steamships, and a new Managing Director at PanAust

Filed Under: News, People moves Tagged With: NASFUND, PanAust, Steamships

In brief: PNG Ports Corporation completes Lae extension, and other business stories

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5 Nov 2014 by Business Advantage PNG

The extension project at Lae Port reaches a conclusion, PanAust feasibility study at Freida River on target, National Executive Council endorses PNG Sovereign Wealth Fund. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Indochine Mining, Marengo Mining, National Executive Council, Newcrest Mining, Pacific Financial Inclusion Programme, PanAust, PNG LNG, PNG Ports Corporation, Wood Mackenzie, World Bank

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 […]