In brief: Prime Minister resists arrest warrant and other stories

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18 Jun 2014 by Business Advantage PNG Leave a Comment

Prime Minister Peter O’Neill refuses to step aside after corruption claims, courts approve UBS loan repayments and Papua New Guinea’s financial system is worth nearly K40 billion. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Bank of Papua New Guinea, China Engineering, Digicel (Parent company and all subsidiaries), Investigation Taskforce Sweep, Kumul Consolidated Holdings (KCH), National Housing Corporation, Niuile No 16, Papua New Guinea Chamber of Resources and Energy (PNG CORE), Parties to the Nauru Agreement, PNG Air, PNG Power, Remington, Trukai Industries, World Bank

In brief: Government considers lift in minimum wage and other business stories

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21 May 2014 by Business Advantage PNG Leave a Comment

Cabinet considers a rise in the minimum wage, Australia to involve private sector in aid delivery, and Oil Search expects huge annual cashflow from LNG plant. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Awal Telecommunications Corporation, Curtain Bros, ExxonMobil PNG, Gold Ridge gold mine, InterOil Corporation, LR Group, New Britain Palm Oil (NBPOL), Oil Search Ltd, PNG Power

People moves: Telikom PNG, IPBC, PNG Power, APNGBC

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21 May 2014 by Business Advantage PNG 4 Comments

New CEO at Telikom PNG, two new board members at IPBC, a resignation at PNG Power, a new council president, and Leighton’s chairman to retire.

Filed Under: News, People moves Tagged With: Australia Papua New Guinea Business Council, Kumul Consolidated Holdings (KCH), Leighton Holdings, PNG Power, Telikom PNG

In brief: Government to invest in limestone production study, and other business stories

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7 May 2014 by Business Advantage PNG 1 Comment

Study into limestone production in Simbu, PNG Power CEO reinstated and enquiry into coastal shipping costs. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Crater Gold Mining, Daewoo, Kumul Consolidated Holdings (KCH), Lae Chamber of Commerce, Marengo Mining, Mineral Resources Authority (MRA), National Information and Communications Technology Authority (NICTA), PNG Immigration and Citizenship Services Authority (ICA), PNG Power, Sovereign Wealth Fund, Travel Air

People moves: PNG Power, Marengo Mining

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9 Apr 2014 by Business Advantage PNG Leave a Comment

A new chairman for PNG Power, new COO at Marengo Mining.

Filed Under: Latest news, News, People moves Tagged With: Marengo Mining, PNG Power

In brief: New air traffic management system, corruption case ‘victory’ and boost for remote areas communications.

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2 Apr 2014 by Business Advantage PNG Leave a Comment

A new national air traffic management system, Koim declares victory after jailing of MP on corruption charges and Tekikom and Digicel boost remote services. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Asian Development Bank (ADB), Central Land Ltd, Digicel (Parent company and all subsidiaries), Fresh Produce Development Agency, Goodman Fielder, Investigation Taskforce Sweep, Mineral Resources Authority (MRA), PNG Air, PNG Power, Telikom PNG, tuna, Wilmar International

In brief: O’Neill defends loan, call to boost police/military, Abbott in PNG

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20 Mar 2014 by Business Advantage PNG Leave a Comment

O’Neill defends loan to buy into Oil Search, economy vulnerable unless security boosted, Manus Detention Centre focus of Abbott/O’Neill talks. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, ANZ, BSP Financial Group, Crater Gold Mining, Highlands Pacific, Innovative Agro Industry, Kina Asset Management Limited (KAML), PNG Energy, PNG Power, Trukai Industries, Westpac

People moves: Morobe Mining, PNG Power

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4 Sep 2013 by Business Advantage PNG

Morobe Mining and PNG Power Chief Executive appointments confirmed this week.

Filed Under: News, People moves Tagged With: PNG Power

In brief: PM takes over Treasurer’s role, first LNG shipments ahead of schedule and Ok Tedi Mining profits plunge

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12 Mar 2014 by Business Advantage PNG Leave a Comment

O’Neill sacks two more Cabinet ministers, Exxon expects LNG exports to start early and Ok Tedi Mining profits plunge 80%. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: ANZ, Business Coalition for Women, InterOil Corporation, Morobe Mining Joint Ventures, NASFUND, Ok Tedi Mining Ltd (OTML), Pacific Community, PNG DataCo, PNG Power, Rio Tinto, Rural Industries Council, Telikom PNG, Wilmar International, World Bank

What’s on the agenda for Papua New Guinea business in 2014?

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15 Jan 2014 by Business Advantage PNG Leave a Comment

The coming year looks promising for Papua New Guinea business, with the giant PNG LNG project due to commence gas exports, and further investments looking likely. Meanwhile, eyes are on the O’Neill Government to see how it can improve the operating environment for business. Business Advantage PNG looks ahead to consider what 2014 may bring.

Filed Under: Features, Opinion/analysis, Sections Tagged With: Autonomous Bougainville Government (ABG), Bmobile Vodafone, Cloudy Bay Sustainable Forestry, Cocoa Board of PNG, InterOil Corporation, Kumul Consolidated Holdings (KCH), Kumul Minerals Holdings Ltd (KMHL), Kumul Petroleum (KPHL), manufacturing, Panguna mine, PNG Power

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference

With tariffs, military conflict and geopolitics at play, it's already been an extraordinary year for the global economy. Business … [Read More...]

Economic update: Will 2025 be Papua New Guinea’s golden year?

Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary … [Read More...]

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference
With tariffs, military conflict and geopolitics at play, it’s already been an extraordinary year for the global economy. Business Advantage PNG speaks with eminent economist Chris Richardson, who will be keynote speaker at this year’s Papua New Guinea Investment Conference in August, for his views on what it all means for business. BAPNG: As an […]
From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]