People moves: Steamships, Air Niugini, Kumul Consolidated Holdings, PNG Post, PNG Power

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28 Aug 2018 by David James Leave a Comment

New director at Steamships, changes at Air Niugini, Kumul Consolidated Holdings, PNG Post, PNG Power

Filed Under: News, People moves Tagged With: Air Niugini, Kumul Consolidated Holdings, PNG Power, Post PNG, Steamships

In brief: Gas from PNG LNG plant to feed the Port Moresby grid in early 2019, and other business stories

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4 Apr 2018 by Business Advantage PNG Leave a Comment

New Port Moresby power plant to be online during early 2019, US equity firm bids A$13.5 billion for Santos, and PNG Post keen to diversify. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Kina Asset Management Limited, National Development Bank, NiuPower, Post PNG, Santos, Total

Post PNG CEO unveils new business model

Welcome,

6 Oct 2017 by Business Advantage PNG 4 Comments

With letter volumes plunging, Post PNG is focusing on parcels and leveraging its strong national retail presence. Chief Executive Officer Peter Tepure tells Business Advantage PNG that the company’s new business strategy is built upon playing to its strengths.

Filed Under: Business services, Company profiles, Industry sectors, Interviews, News, Sections Tagged With: Post PNG

In brief: Highlands Highway upgrade funding details still to be worked out, and other business stories

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24 Jan 2017 by Business Advantage PNG Leave a Comment

Prime Minister says funding details of Highlands Highway upgrade yet to be finalised, parliament considering outlawing roadblocks, and Telikom replaces CDMA network. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Kina Bank, Lae Biscuit Company, National Information and Communications Technology Authority (NICTA), Post PNG, Telikom PNG

In brief: ‘Clan vetting’ the key to resolving PNG LNG royalty issue, says Energy Minister

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10 Aug 2016 by Business Advantage PNG Leave a Comment

Officials sent to negotiate with Hides landowners over non-payment of royalties from PNG LNG project, Ok Tedi earns K623 million since March, and PNG Post pays K500,000 in dividends. Your weekly digest of the latest business news.

Filed Under: News Tagged With: Kumul Consolidated Holdings, National Information and Communications Technology Authority (NICTA), Ok Tedi Mining Ltd (OTML), PACER Plus, PNG LNG, Post PNG, World Food Program

In brief: PM assures students 2016 Papua New Guinea Budget will be implemented, and other business news

Welcome,

25 May 2016 by Business Advantage PNG 1 Comment

O’Neill assures students 2016 Budget will be implemented, Singapore’s Jaya Holdings buys Moni Plus for K518million and Bougainville aims for mid-2019 independence vote. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Asidokona Mining Resources, BSP Financial Group, Jaya Holdings, Moni Plus, Post PNG

In brief: New Public Enterprises Minister to review state-owned enterprises prior to privatisation, and other business stories

Welcome,

3 Feb 2016 by Business Advantage PNG

Duma to review SOEs before privatisation process, Santos reported to be selling PNG LNG stake, KCH receives study on proposed 1800MW hydro dam. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Bmobile Vodafone, Crater Gold Mining, Eda Ranu, Edai Town, Highlands Pacific, Japanese International Cooperation Agency, Kumul Consolidated Holdings, Motor Vehicle Insurance Ltd (MVIL), National Development Bank, Newcrest Mining, PNG DataCo, PNG Ports Corporation, PNG Power, Post PNG, Telikom PNG, Water PNG

In brief: Redundancies at Petromin Papua New Guinea after oil price slump, and other business news.

Welcome,

23 Sep 2015 by Business Advantage PNG Leave a Comment

Redundancies at Petromin Holdings ahead of restructure, LNG price slump may go further, and Santos confident its share price will rise. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Bougainville Copper Ltd, Digicel, Eda Ranu, Fiji TV, Kumul Minerals Holdings Ltd, Kumul Petroleum, Lae Tidal Basin Project, Petromin Holdings, Post PNG, Santos, Solomon Islands

In brief: new Bougainville Mining Act creates ‘uncertainty’ over Bougainville Copper’s rights, and other business stories

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6 May 2015 by Business Advantage PNG Leave a Comment

Bougainville Copper to seek formal acknowledgment of Bougainville mining rights, Post PNG pays first dividend, and low-cost ‘squatter’ housing project in Fiji. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Asia Pacific Coconut Community, Asian Development Bank (ADB), Bougainville Copper Ltd, Crater Gold Mining, ExxonMobil PNG, Gold Ridge gold mine, InterOil Corporation, Investment Promotion Authority, Motor Vehicle Insurance Ltd (MVIL), PNG Forest Authority, Post PNG, Shell, Small and Medium Enterprise Corporation (SME Corp), St Barbara Ltd

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 Mining, National Capital District, National Executive Council, National Fisheries Authority (NFA), 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 (SME Corp), Stanley gas project

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...]

Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]
Futurist Chris Riddell announced as keynote speaker for 2024 PNG Investment Conference
We are delighted to announce that futurist Chris Riddell, former Chief Digital Officer at Mars, will be providing the keynote address on Day 1 of the 2024 Papua New Guinea Investment Conference (12 & 13 August in Brisbane). Chris is a recognised trend spotter, frequent media commentator, and digital expert with unparalleled insights into emerging […]