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.
Middle class growth brings opportunities to manufacturing in Papua New Guinea
Welcome,
People moves: K92 Mining, Royal Papua New Guinea Constabulary
Welcome,
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
Welcome,
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
Welcome,
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
Welcome,
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
Welcome,
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.
Technology & growth: Moni Plus looks to a banking licence and IPO
Welcome,
Despite the pandemic’s severe economic impacts in Papua New Guinea, financial institution Heduru Moni Limited (trading as Moni Plus) achieved record-breaking revenues and profits in 2021. Business Advantage PNG sat down with the company’s new CEO, Aho Baliki OBE, to discuss its successes and ambitious plans for growth.
People moves: PNG Power, ANZ, CPL Group, Censorship Office
Welcome,
New boss for PNG Power, new Regional Executive, Pacific at ANZ, Jack’s of PNG welcomes new Retail Managers, and the Censorship Office announces Deputy Chief Censor.
Geopacific Resources to review the future of Woodlark gold project
Welcome,
The future of the proposed new gold mine on Papua New Guinea’s Woodlark Island remains in question, as Geopacific Resources looks to reset expectations surrounding the project and explores the possibility of a ‘corporate or asset-level’ sale.
In brief: Pacific nations decline signing economic and security deal with China & other news
Welcome,
Pacific nations, including Papua New Guinea, have declined signing a deal with China, Papua New Guinea Customs expects losses of K200 million and Ihu SEZ commences second phase and gathers interest from several countries. The business news your need.
Recent readers’ comments