Papua New Guinea’s ports anticipate lift in freight volumes

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After a challenging 2023, Papua New Guinea’s port and road transport operators are preparing for a significant recovery in demand this year.

Grand Papua Hotel embarks on two-year transformation as resource boom beckons

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Port Moresby’s Grand Papua Hotel is getting a complete makeover that promises new restaurant and bar concepts and updated, high-tech rooms. Business Advantage PNG speaks to Peter Laigaard Jensen, CEO of Steamships Hospitality and Coral Sea Hotels, to find out what guests can expect from the revamped landmark.

In Papua New Guinea for the long stay: Hilton, Marriott and more

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Papua New Guinea’s property developers have been busy renovating properties and putting the finishing touches to new projects, including Marriott- and Hilton-branded executive apartments, as the sector gears up for greater economic activity.

Why investors are turning to Mt Hagen, Papua New Guinea’s third city

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Mt Hagen, Papua New Guinea’s third-largest city and the centre of the country’s populous Highlands Region, is once again starting to receive attention from investors. Business Advantage PNG discovers why.

In brief: Puma Energy foreshadows risk of fuel shortages and other business stories

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Puma Energy head asks for help with foreign exchange to avoid fuel shortages, new World Bank report calls for reforms in PNG, Harbourside South development nears completion. Your business news in brief.

Seven questions for Rupert Bray, Managing Director at Steamships

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PNGX-listed Steamships Trading Company, which owns businesses across logistics, property and hospitality, last year achieved impressive 12 per cent revenue growth. Business Advantage PNG recently caught up with its Managing Director Rupert Bray to learn about its ambitious plans to grow further.

More capacity, more efficiency: Papua New Guinea’s ports get a makeover

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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.

In brief: Barrick urges Papua New Guinea to complete all processes to reopen Porgera and other business stories

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Barrick’s CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG’s contribution to the State. Your business news in brief.

In brief: Barrick urges Papua New Guinea to complete all processes to reopen Porgera and other business stories

Welcome,

Barrick’s CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG’s contribution to the State. Your business news in brief.

Four questions for Thomas Bellamy, COO of Steamships Logistics Division

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Steamships’ Logistic Division is Papua New Guinea’s largest transport and logistics provider – and it’s making some significant new investments. Chief Operating Officer Thomas Bellamy tells Business Advantage PNG what’s in store for 2023 – and what’s driving growth.