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 Company, 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

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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

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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 Ltd, Post PNG, Telikom PNG, Water PNG

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

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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 mineral holdings, 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, 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 Holdings International Ltd, National Capital District, National Executive Council, National Fisheries Authority, 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, Stanley gas project

BSP launches its own mobile wallet

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21 May 2013 by Business Advantage PNG

Papua New Guinea’s largest bank, BSP, has joined PNG’s growing mobile wallet market, with the launch last week of Wantok Moni.

Filed Under: Banking and finance, Latest news, News Tagged With: Digicel, Google, MiBank, Post PNG, Wantok Moni

People Moves: executive moves and changes relevant to Papua New Guinea

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29 Jan 2013 by Business Advantage PNG Leave a Comment

Ross Garnaut resigns from Ok Tedi Economist Ross Garnaut resigned this month as Chairman of OK Tedi Mining Ltd, citing the difficulties of fulfilling his duties following the travel ban to PNG imposed on him by PNG’s PM Peter O’Neill in November 2012. Former PM Sir Mekere Morauta has been nominated to take over the position. He […]

Filed Under: News, People moves Tagged With: Air Niugini, Coppermoly Ltd, Eda Ranu, Motor Vehicle Insurance Ltd (MVIL), Ok Tedi Mining Ltd (OTML), PNG Ports Corporation, PNG Power Ltd, Post PNG, Rio Tinto, Telikom PNG, Water PNG

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 […]