Thinking big: looking to the future of Papua New Guinea’s large-scale investments

Welcome,

The growth of Papua New Guinea’s non-resources economy is giving major developers the confidence to invest in projects outside of Port Moresby, an expert panel told the recent Business Advantage Papua New Guinea Investment Conference.

People moves: International Finance Corporation, Steamships, Credit Corporation (PNG), FX Business Centre

Welcome,

The International Finance Corporation (IFC) announces new Country Manager for the region, Steamships welcomes Corporate Affairs Head, Credit Corporation (PNG) appoints new board member and a new General Manager joins FX Business Centre.

Papua New Guinea’s property developers join forces

Welcome,

Papua New Guinea’s major property developers and investors recently banded together to create the PNG Property Developers Association. Deputy Chairman Rupert Bray explains the reasons behind the move to Business Advantage PNG.

In brief: World Bank report says GDP in Papua New Guinea is expected to grow and other business stories

Welcome,

The World Bank has released its economic update on Papua New Guinea, superannuation funds reject bank levy, and SNT Chair says Porgera will reopen next month. The business news you need today.

In brief: Porgera gold mine inching closer to reopening and other business stories

Welcome,

Papua New Guinea’s State Negotiation Team Chairman says Porgera mine could open in April and confirm the Team is also working on Wafi-Golpu, Air Niugini resumes in-flight catering and the Japanese Government donate funds for infrastructure projects. The news you need today.

People moves: Deloitte PNG, Credit Corp, Steamships, Coffee Industry Corporation

Welcome,

Deloitte PNG announces the names of its two new partners, Credit Corp’s Chief Risk Officer bids adieu, changes to Steamships board and new board appointed for the Coffee Corporation Industry.

Review: Daikoku, Harbourside, Port Moresby

Welcome,

Daikoku, the Port Moresby institution, has opened its doors in the Steamships Building at Harbourside and it promises not to disappoint.

Tourism in Papua New Guinea: waiting for the tide to turn

Welcome,

The COVID-19 pandemic has dealt a damaging blow to Papua New Guinea’s tourism industry, but companies are using the downtime to rethink their operations. Robert Upe reports.

In brief: Ok Tedi Mining suspends operations and other business stories

Welcome,

COVID-19 forces Papua New Guinea’s Ok Tedi Mining to shut operations, PNG Biomass Project decision due in later this year and Mendi Airport completion expected in October. Your business news summarised.

People moves: Oil Search, Steamships, Nambawan Super, Abt Associates

Welcome,

Oil Search CFO designate departs, new legal counsel at Steamships, new CFO at Nambawan Super, new Deputy Director at Abt Associates.