What opportunities are there to supply Papua New Guinea’s major mines and what do potential suppliers need to know before attempting to do business in the country’s mining sector? We asked procurement professionals at two of the country’s major mines, Ok Tedi and Porgera, during an online briefing this week.
People moves: Fortescue Group
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18 May 2022 by Leave a Comment
Fortescue Group announces restructure to its organisation.
In brief: PNGX partners with IFC and other business stories
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18 May 2022 by Leave a Comment
Papua New Guinea’s national stock exchange partners with the International Finance Corporation (IFC), Prime Minister Marape calls for peace and order during the elections, and Telikom PNG warns about disruptions in services.
Latest Central Bank figures indicate Papua New Guinea’s economy is rebounding
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11 May 2022 by Leave a Comment
Recently released data from Papua New Guinea’s central bank indicates the country’s economy bounced back significantly in the September 2021 quarter on the back of a massive increase in export receipts due to higher commodity prices. While private sector employment and sales also rose, the bank warns inflation is also on the march.
In brief: Landowners and the ABG agree to reopen Panguna and other business stories
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11 May 2022 by Leave a Comment
The Panguna Mine Landowner Clan Chiefs and the Autonomous Bougainville Government (ABG) agree to create a new entity to redevelop the Panguna mine, Telstra’s acquisition of Digicel PNG on track, and Papua New Guinea launches its National Employment Policy. The business news you need today.
People moves: Geopacific Resources, Pac Re
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11 May 2022 by Leave a Comment
Director retires from Geopacific Resources and new Chief Executive Officer for Pacific Re Limited (Pac Re).
In brief: New gas-fired power plant for Hela and other business stories
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4 May 2022 by Leave a Comment
Plans for a new gas-fired power plant in Hela, Digicel rejects tower sharing, and the IPA signs a memorandum of understanding with the Immigration and Citizenship Authority. The business news you need today.
Five questions for Gokul Naidu, CEO of Datec PNG
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4 May 2022 by Leave a Comment
The COVID pandemic has accelerated the shift to digital in Papua New Guinea. Gokul Naidu, CEO of PNG’s largest IT service provider, Datec PNG, talks to Business Advantage PNG about how businesses need to respond to the digital challenge.
People moves: Papua New Guinea Chamber of Mines and Petroleum, Cocoa Board, PNG Air
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4 May 2022 by Leave a Comment
Executive changes at the Chamber of Mines and Petroleum, new board members at the Cocoa Board of PNG and new Company Secretary at PNG Air.
People moves: BSP Financial Group
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27 Apr 2022 by Leave a Comment
BSP Financial Group announces end of contract for top executive.
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