People moves: Kumul Petroleum, Santos

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Kumul Petroleum Holdings Limited fills in Chief Operating Officer position and Santos announces People & Culture Partner.

People moves: KPMG PNG, AmCham Coral Sea

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New Senior Partner at KPMG PNG and an inaugural Executive Director at the American Chamber of Commerce Coral Sea.

In brief: Nadzab Airport in Lae reopens and other business stories

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Nadzab Airport in Lae reopens after ‘unexpected’ shut-down, PNGX get reconfirmation to operate as stock market, and spike in coffee prices benefits 2000 farmers in Morobe Province. The business news you need.

People moves: Solomon Airlines

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Senior executive rejoins Solomon Airlines.

Mineral Resource Authority MD predicts strong copper and gold production for Papua New Guinea up to 2050

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If its two mining ‘mega projects’ – Wafi-Golpu and Frieda River – are delivered on schedule, Papua New Guinea will become one of the world’s major copper producers over the next thirty years, according to Jerry Garry, Managing Director of the country’s Mineral Resources Authority. However, he warns, PNG’s dependence on mining exports looks set to come to an end shortly thereafter.

In brief: Papua New Guinea to receive K86 billion from Papua LNG and other business stories

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Papua LNG project to inject billions to Papua New Guinea’s economy, Prime Minister Marape welcomes Fortescue Future Industries representative to Port Moresby and the Pacific Marine Industrial Zone Project (PMIZ) will be rebranded.

People moves: National Executive Council

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Papua New Guinea’s new National Executive Council, or Cabinet, has now been sworn in. Here are the newly appointed ministers.

Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference

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Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.

In brief: Mineral Resources Enga signs Porgera agreement and other stories

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Mineral Resources Enga signs ‘milestone agreement’ towards the reopening of the Porgera mine, negotiations for sale of Telikom PNG and Air Niugini to upgrade fleet. The business news you can’t miss.

Reaching the last mile: satellite telecommunications in Papua New Guinea

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The broadband satellite operator Kacific Broadband Satellites Group was created to deliver affordable and reliable internet to the Pacific and South East Asia. Business Advantage PNG spoke with CEO & Founder Christian Patouraux to discuss the future of satellite connectivity in the Pacific.