Net gains: the new plan for Papua New Guinea’s fishing industry

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3 Aug 2022 by Paul Chai Leave a Comment

Better infrastructure and a higher volume of onshore processing are the key tenets of Papua New Guinea’s new Fisheries Strategic Plan, which aims to transform the industry over the coming decade. Business Advantage PNG speaks with National Fisheries Authority Chairman Ango Wangatau to find out more.

Filed Under: Features, Fisheries, Manufacturing Tagged With: National Fisheries Authority (NFA), tuna

Fisheries in Papua New Guinea: a sector profile

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15 Oct 2019 by Business Advantage PNG 2 Comments

A profile of the fisheries sector in Papua New Guinea including markets, licenses, permits and major players.

Filed Under: Doing Business in Papua New Guinea, Sector profiles Tagged With: National Fisheries Authority (NFA), R D Tuna Canners, tuna

Papua New Guinea government to review fisheries policies

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2 Oct 2019 by Kevin McQuillan Leave a Comment

Papua New Guinea’s government is to review existing fishing policies to boost downstream processing and expand the market.

Filed Under: Features, Fisheries, Sections Tagged With: Fishing Industry Association, South Pacific Community, tuna

In brief: Asian Development Bank downgrades Papua New Guinea’s growth outlook, and other business stories

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6 Apr 2016 by Business Advantage PNG 1 Comment

Papua New Guinea’s growth forecast downgraded by Asian Development Bank, Bank of PNG says growth this year will partly be driven by non-mineral sector activity, plus claims PNG’s global corruption rating will depend on government commitment to accountability. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Asian Development Bank (ADB), Bank of Papua New Guinea, Barrick Gold, BSP Financial Group, Click TV, Digicel (Parent company and all subsidiaries), Extractive Industries Transparency Initiative (EITI), Melanesian Trustee Services, NBC, nickel, Oil Search Ltd, Ok Tedi Mining Ltd (OTML), Papua New Guinea Chamber of Resources and Energy (PNG CORE), tuna

In brief: Ok Tedi mine may resume operations in March, and other business stories

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20 Jan 2016 by Business Advantage PNG

The Ok Tedi mine expected to start again in March, the US formally withdraws from fishing treaty, and unions call on government to honour superannuation commitments. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), Australian National University, Independent Consumer and Competition Commission (ICCC), Nambawan Super, Ok Tedi Mining Ltd (OTML), taxation, tuna

In brief: Woodside Petroleum talks with National Petroleum Co after Oil Search takeover rejected, and other business stories

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30 Sep 2015 by Business Advantage PNG Leave a Comment

Woodside talks to National Petroleum Company, ratings agency expects oil prices to fall further, and illegal logging continues, says Oro Governor, Your weekly digest of the latest business news.

Filed Under: Latest news, News Tagged With: copper, Crater Gold Mining, Independent Consumer and Competition Commission (ICCC), Kina Group, Kumul Petroleum (KPHL), NBC, Newmont Corporation (formerly Newcrest), Oil Search Ltd, Pacific Business Investment Facility, Parties to the Nauru Agreement, PNG LNG, PNG Power, Standard & Poor’s (S&P), tuna, Woodside Petroleum

In brief: the first stage of Lae’s port upgrade is completed, and other business stories

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14 Jan 2015 by Business Advantage PNG

Lae port upgrade reaches milestone, Respol acquires Talisman Energy, and PNG forecast for significant economic growth. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Anglo American, Coffee Industry Corporation (CIC), Crater Gold Mining, Department of National Planning and Monitoring, Harmony Gold, Highlands Pacific, Institute of Banking and Business Management, InterOil Corporation, Kumul Petroleum (KPHL), Lae port, Newmont Corporation (formerly Newcrest), Ok Tedi Development Foundation, Papua New Guinea Chamber of Resources and Energy (PNG CORE), Philippine Airlines, PNG Gas, PNG LNG, Respol, Santos, Talisman Energy, tuna

In brief: New air traffic management system, corruption case ‘victory’ and boost for remote areas communications.

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2 Apr 2014 by Business Advantage PNG Leave a Comment

A new national air traffic management system, Koim declares victory after jailing of MP on corruption charges and Tekikom and Digicel boost remote services. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Asian Development Bank (ADB), Central Land Ltd, Digicel (Parent company and all subsidiaries), Fresh Produce Development Agency, Goodman Fielder, Investigation Taskforce Sweep, Mineral Resources Authority (MRA), PNG Air, PNG Power, Telikom PNG, tuna, Wilmar International

In brief: PNGSDP divests assets, a new trade treaty with Australia and Bougainville to export copra oil

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12 Feb 2014 by Business Advantage PNG Leave a Comment

PNGSDP begins divesting assets, a new trade treaty with Australia and Bougainville prepares to export copra oil. Your weekly digest of the week’s business news.

Filed Under: In brief, Latest news, News Tagged With: National Fisheries Authority (NFA), Ok Tedi Mining Ltd (OTML), Total SA, tuna, Woodside Petroleum, Yazaki Samoa

The Pacific Marine Industrial Zone: an update

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1 Sep 2012 by Business Advantage PNG Leave a Comment

Work on the flagship project of Papua New Guinea’s fisheries industry, the Pacific Marine Industrial Zone (PMIZ) in Madang, is progressing steadily, with the presentation of the design concept in early 2012. While National Fisheries Authority Managing Director Sylvester Pokajam concedes ‘it has been slow going,’ he also says it has been important to get […]

Filed Under: Fisheries, Industry sectors, News Tagged With: China Exim Bank, China Shenyang International Economics and Technical Cooperation Corporation, Madang Province, Manufacturers Council of PNG, National Fisheries Authority (NFA), Pacific Marine Industrial Zone, R D Tuna Canners, Tri Marine International, tuna

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference

With tariffs, military conflict and geopolitics at play, it's already been an extraordinary year for the global economy. Business … [Read More...]

Economic update: Will 2025 be Papua New Guinea’s golden year?

Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary … [Read More...]

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference
With tariffs, military conflict and geopolitics at play, it’s already been an extraordinary year for the global economy. Business Advantage PNG speaks with eminent economist Chris Richardson, who will be keynote speaker at this year’s Papua New Guinea Investment Conference in August, for his views on what it all means for business. BAPNG: As an […]
From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]