Companies are reducing the size of the businesses, now using excess capital to acquire domestically but may be switching to starting up operations next year. They were some of the observations in a round table discussion on Papua New Guinea’s investment environment at the Business Advantage Invest Forum in Brisbane.
As Papua New Guinea moves into an era driven by technology, both business and the role of women in business are being transformed, Mollina Kapal tells Business Advantage PNG.
A new chair at Bougainville Copper, Westpac appoints a new Pacific Regional Head, a new Sales Manager for Air Niugini in the New Guinea Islands and a new chief migration officer appointed by the National Executive Council
A shift in the resources industry is expected, with demand for more “exotic” minerals increasing. But Justin Smirk, Senior Economist at Westpac Institutional Bank tells Business Advantage PNG that industry players must apply a long-term and holistic approach to reap the benefits.
Philippines port operator wins 25-year contract to run key ports, Westpac MD outlines reasons for foreign currency backlog, and domestic gas clause to be part of new LNG projects. Your weekly digest of the latest business news.
Businesses in Papua New Guinea seeking to establish a presence in the Asian region are increasingly looking at Singapore as a stepping-stone to expand their market reach or increase their shareholder base. There is also growing interest from Singapore-based businesses looking at the PNG market.
A new CEO for Kina Securities after Syd Yates decides to retire, Kumul Petroleum Holdings appoints head of new energy business unit.
Syd Yates, Chief Executive of Kina Securities, has announced that he will relinquish the role next month after 20 years with the company, with Westpac’s Greg Pawson joining the company. Yates tells Business Advantage PNG he believes it is time for new blood.
Bank South Pacific postpones its proposed listing on the ASX, Asian Development Bank Director predicts growth to rise in 2018, and K20 million to help fight coffee borer. Your weekly digest of the latest business news.
The advent of electronic banking in Papua New Guinea has the potential to significantly modernise and expand the country’s financial system Greg Pawson, General Manager of Westpac Pacific tells Business Advantage PNG.