As Papua New Guinea celebrates its 50th anniversary, Business Advantage PNG takes a look at some of the key economic events in its history and key players in business and commerce that have played an important role in its development.
PNG Ports Corporation
National Executive Council reshuffle, a new Chief Executives for PNG Power and Westpac PNG, OTML Chairman resigns, a new COO for PNG Ports and a reappointment at the Department of ICT.
Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary of independence. Business Advantage PNG spoke with the country’s top CEOs to learn more about current business conditions.
Port authority PNG Ports Corporation is “re-conceptualising” Papua New Guinea’s ports into business and logistics hubs, beginning with the signature Westside project in Lae. A bullish Chief Executive Neil Papenfus outlines its plans to upgrade ports across the country.
This year’s PNG Investment conference saw top speakers from across the business sector and government come together, including Prime Minister James Marape, Kumul Petroleum Holdings MD Wapu Sonk, Air Niugini CEO Gary Seddon, PNG Ports Corporation CEO Neil Papenfus, Bank of PNG Chairman David Toua, and country head of the IMF Sohrab Rafiq.
New manager for PacTow, PNG Ports has new CEO, an intended move for Steamships and a new director of the board for PNG Air Ltd.
New CEOs for PNG Institute of Directors and PNG Ports Ltd, key changes at City Pharmacy Ltd, a new board member for BSP and a new partner at Ashurst.
After a challenging 2023, Papua New Guinea’s port and road transport operators are preparing for a significant recovery in demand this year.
Freight volumes into PNG’s two major international ports, Motukea and Lae, were up substantially in 2022. New resources projects and transformative investments look set to drive further expansion.
Acting CEO appointed at PNG Ports, new Chairman for Credit Corporation PNG, Mayur Resources Limited welcomes new Resident Director, and Kacific appoints Managing Director of the Pacific.