One of Papua New Guinea’s oldest and largest companies is focusing on expanding its hotel and property interests, according to Managing Director, Michael Scantlebury. He tells Business Advantage PNG an uplift in PNG’s economic outlook is providing fresh investment impetus.
People moves: Steamships
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16 Oct 2018 by Leave a Comment
Board resignation The Board of Directors of Steamships Trading Company Limited (Steamships) has announced that Peter Aitsi has resigned from the Steamships Board, effective October 10, 2018. He had served on the board since November 2014. ***
People moves: Steamships, Air Niugini, Kumul Consolidated Holdings, PNG Post, PNG Power
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28 Aug 2018 by Leave a Comment
New director at Steamships, changes at Air Niugini, Kumul Consolidated Holdings, PNG Post, PNG Power
Analysis: Papua New Guinea companies using rationalisation to adapt to weaker economic conditions
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10 Jul 2018 by Leave a Comment
The sluggish Papua New Guinea economy is triggering a bout of rationalisation, two of the recent examples being in the banking and manufacturing sectors.
In brief: Steamships sells Laga to Paradise, and other business stories
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3 Jul 2018 by Leave a Comment
Steamships sells Laga to Paradise, Credit Corp profit falls, and Papua Niugini Freezers begins exports to Solomon Islands. Your weekly digest of the latest business news.
In brief: Oil Search says there is ‘distribution’ problem with payouts, and other business news
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15 May 2018 by Leave a Comment
Oil Search acknowledges problems with payouts, Frabelle denies shut down and the ICCC starts legal proceedings against Steamships. Your weekly digest of the latest business news.
In brief: Employment Act review underway, and other business stories
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5 Sep 2017 by Leave a Comment
Employment and IR laws under review, Police Commissioner appeals for end to blockade of Highlands Highway, and new Agriculture Minister promises to pursue K20m for coffee borer repair. Your weekly digest of the latest business news.
In brief: Chinese companies win bid to build Ramu 2 power project, and other business stories
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5 Apr 2017 by Leave a Comment
Two Chinese companies to build Ramu 2 power project, 95 per cent of logs sent to China, and Lae business leaders welcome ADB loan for key roads. Your weekly digest of the latest business news.
Port Moresby’s remarkable dining boom
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6 Mar 2017 by 1 Comment
A boom in new restaurants is improving the quality and variety of dining options in Papua New Guinea’s capital, Port Moresby, as never before, observes Andrew Wilkins.
Steamships MD Peter Langslow sees future in property development (Part 2)
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28 Feb 2017 by Leave a Comment
In the second of a two-part series, Steamships Managing Director Peter Langslow tells Business Advantage PNG that his diversified company is looking to upgrade its manufacturing activities, upgrade more hotels and is planning more property development in Papua New Guinea.
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