In brief: new National Elections dates and other business stories

Welcome,

BSP Financial Group announces Q1 results, Qantas Airways resumes flights to Papua New Guinea and Lole Mining gets mining lease for ambitious project in Central Province. The business news you need today.

Papua New Guinea’s property developers join forces

Welcome,

Papua New Guinea’s major property developers and investors recently banded together to create the PNG Property Developers Association. Deputy Chairman Rupert Bray explains the reasons behind the move to Business Advantage PNG.

Vodafone’s K3 billion investment to expand Papua New Guinea’s telco market

Welcome,

Papua New Guinea finally has a third telecommunications player, following the launch of Vodafone PNG last week. Talking exclusively to Business Advantage PNG, Vodafone’s Regional CEO Pradeep Lal outlines the telco’s ambitious plans.

People moves: Telstra, BSP Financial Group

Welcome,

Telstra announces new CEO and BSP Financial Group Limited gets new Director.

In brief: Telstra gets green light from NICTA to acquire Digicel Papua New Guinea

Welcome,

NICTA clears path for the acquisition of Digicel PNG by Australian telco giant Telstra, Barrick and Papua New Guinea sign new Porgera shareholders’ agreement, and SP Brewery celebrates 70 years in Papua New Guinea. Your round-up of recent business news.

What are Papua New Guinea’s best-performing listed companies?

Welcome,

With the reporting season for the 2021 financial year in Papua New Guinea over, which of Papua New Guinea’s listed companies performed the best last year? Analysis from stockbroker JMP Securities tells us, and also gives us a unique view on how the market has performed over the past year.

In brief: record profits for Nasfund despite challenging year in Papua New Guinea

Welcome,

Nasfund reports record profits and all-time highs in its annual report, Nambawan Super launches two new products and announces positive results for 2021, and the ICCC revokes its authorisation for PNG Air–Link PNG deal. The business news you need today.

‘Exponential growth’ for Papua New Guinea’s construction sector, says Monier’s CEO

Welcome,

Papua New Guinea’s construction sector is on the move thanks to major new public investment in infrastructure, according to George Constantinou, head of Monier Limited and Hebou Construction at the Constantinou Group of Companies.

Coca-Cola’s new vision for Papua New Guinea

Welcome,

Coca-Cola is now manufactured and marketed in Papua New Guinea by the biggest bottler in the world, Coca-Cola Europacific Partners (CCEP), following its acquisition of Coca-Cola Amatil. Business Advantage PNG sat down with CCEP’s PNG General Manager, Philippe Mondada, to talk about the future of the soft drinks giant in PNG.

Port Moresby gym guide for newcomers

Welcome,

With Easter just around the corner, there might be time no better time to go back to the gym, or to try a gym for the first time – especially after all those hot cross buns and chocolates.