Port Moresby’s Grand Papua Hotel is getting a complete makeover that promises new restaurant and bar concepts and updated, high-tech rooms. Business Advantage PNG speaks to Peter Laigaard Jensen, CEO of Steamships Hospitality and Coral Sea Hotels, to find out what guests can expect from the revamped landmark.
Grand Papua Hotel embarks on two-year transformation as resource boom beckons
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28 Mar 2024 by Leave a Comment
PNG 100 CEO Survey breakfasts in Lae and Port Moresby [Photo gallery]
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27 Mar 2024 by Leave a Comment
The results of the 2024 PNG 100 CEO Survey were presented to members of the Port Moresby and Lae chambers of commerce at separate business breakfasts last week. Here we feature some photos from both events.
Smartphone use to surge in Papua New Guinea, says Vodafone CEO
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26 Mar 2024 by Leave a Comment
Pradeep Lal, CEO of Vodafone Papua New Guinea, speaks to Business Advantage PNG about the challenges of establishing a robust nationwide network, and the massive opportunity ahead, as surging data use in the country encourages more customers to switch to smartphones.
CEO Survey suggests Papua New Guinea business is less bullish, but still planning to invest
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21 Mar 2024 by Leave a Comment
The 2024 results of Papua New Guinea’s annual business confidence survey, the PNG 100 CEO Survey, are out. What have PNG’s leading companies told us about their profit, investment and recruitment expectations – and the major impediments they face?
A cracker of a celebration at Paradise Foods
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13 Mar 2024 by Leave a Comment
Paradise Foods has celebrated 90 years in business with the release of a new flavour in its range of crackers.
Papua New Guinea’s growing middle class driving housing construction
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13 Mar 2024 by Leave a Comment
Papua New Guinea’s construction sector as a whole has returned to pre-COVID levels, driven in part by a growth in demand for housing. Business Advantage PNG looks at what’s driving the trend.
Forex, debt and governance: the IMF assesses Papua New Guinea’s progress
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13 Mar 2024 by Leave a Comment
A year ago, the International Monetary Fund commenced a program in Papua New Guinea, focused on improving government debt, foreign exchange shortages and governance. Business Advantage PNG sits down with the IMF’s Resident Representative in PNG, Sohrab Rafiq, to discuss progress on these three critical issues.
‘Cautiously optimistic’: BSP CEO sees improved conditions as Papua New Guinea’s resources projects ramp up
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28 Feb 2024 by Leave a Comment
How does Papua New Guinea’s largest bank see the outlook for business this year? In this exclusive interview with Business Advantage PNG, BSP Financial Group’s CEO Mark Robinson assesses the trends, risks and opportunities, and how factors such as foreign exchange and a devaluing kina will play a part.
Large-scale fabrication plant to underpin industrial park outside Papua New Guinea’s capital
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14 Feb 2024 by Leave a Comment
Work has begun on Kumul Petroleum Holdings Ltd’s US$100 million steel fabrication plant just north-west of Port Moresby. In an exclusive interview, Kumul Petroleum MD Wapu Sonk outlines how the facility will boost PNG manufacturing, and anchor a new Special Economic Zone in the Caution Bay area.
Resources boom to usher in ‘the most exciting ten years’ for Papua New Guinea: Prime Minister Marape
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31 Jan 2024 by Leave a Comment
James Marape, PNG’s Prime Minister, speaks exclusively about PNG’s next decade of economic growth, which he describes as potentially the most exciting in the nation’s history.
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