The prospect of instantaneous settlements on Papua New Guinea’s stock exchange, PNGX, has moved a little closer with a new agreement to explore blockchain technology to support its trading system. PNGX Chairman David Lawrence tells Business Advantage PNG the technology could ‘turbocharge’ PNG’s capital markets.
Kumul Petroleum: getting power to the people
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22 Jun 2022 by Leave a Comment
Kumul Petroleum Holdings has been working non-stop to assist the National Government reach its goal of connecting 70 per cent of Papua New Guinea’s population to electricity within the next eight years. Here’s how it’s advancing.
In brief: new billion kina electricity project in Papua New Guinea and other business news
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20 Jun 2022 by Leave a Comment
The Asian Development Bank and partners join forces for multimillion electricity project in Papua New Guinea, the Mineral Resource Authority stops field operations temporarily and new plan to help the copra industry against pest. The business news your need today.
People moves: Credit Corporation, Asian Development Bank
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20 Jun 2022 by Leave a Comment
Credit Corporation welcomes new Group Chief Risk Officer and the Asian Development Bank announced new Special Senior Adviser for Climate Change.
Middle class growth brings opportunities to manufacturing in Papua New Guinea
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15 Jun 2022 by Leave a Comment
With the world slowly going back to a ‘new normal’ and Papua New Guinea’s population growing, opportunities abound for Papua New Guinea’s manufacturers. If challenges can be addressed, they say, the future could look even brighter.
People moves: K92 Mining, Royal Papua New Guinea Constabulary
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15 Jun 2022 by Leave a Comment
K92 Mining announces Project Director and Highlands region Chief Superintendent gets reinstated.
In brief: Wafi-Golpu mine negotiations reach ‘final leg’ and other business news
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15 Jun 2022 by Leave a Comment
MRA head says Wafi-Golpu mine negotiations are in their ‘final leg’, fuel prices expected to increase and coffee prices expected to drop. The business news you need this morning.
Papua New Guinea’s other gas project: Arran Energy’s Stanley
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15 Jun 2022 by 3 Comments
While the Papua LNG and P’nyang projects are the main game in Papua New Guinea’s gas sector, Arran Energy’s smaller Stanley gas project in Western Province looks set to beat both into production. Business Advantage PNG talks to Executive Chairman Michael McGowan to find out more.
The continued challenge of Papua New Guinea’s state-owned enterprises
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8 Jun 2022 by 1 Comment
Do state-owned enterprises (SOEs) help or hinder economic progress? That’s a question Satish Chand, Professor of Finance in the School of Business at the University of New South Wales, was asked to consider at a recent business forum.
In brief: China to support Papua New Guinea’s Ihu Special Economic Zone and other business news
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8 Jun 2022 by Leave a Comment
China reaffirms its commitment to supporting the development of the Ihu Special Economic Zone, Vanimo Airport officially reopens, and Ok Tedi Mining to open a museum to highlight its history and legacy. The business news you need this week.
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