Papua New Guinea investors enjoyed substantial returns in both the fixed-interest and equities asset classes last year, according to an exclusive analysis for Business Advantage PNG by JMP Securities Managing Director Lars Mortensen.
Steamships
Port Moresby’s former port facility has been rezoned, had its masterplan approved, and is now ready for investors’ expressions of interest. Business Advantage PNG takes a closer look at the project.
There was a change of leadership at Steamships Trading Company on July 1, with Chris Daniells replacing Rupert Bray as managing director. In an exclusive interview, the two share how Steamships is pursuing its long-term growth plans amid a challenging economic environment.
New CEO for Hardware Haus Ltd, succession move at Steamships, and government ministerial appointments
New manager for PacTow, PNG Ports has new CEO, an intended move for Steamships and a new director of the board for PNG Air Ltd.
After a challenging 2023, Papua New Guinea’s port and road transport operators are preparing for a significant recovery in demand this year.
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.
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.
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.
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.