Randy Selvaratnam became Chief Commercial Officer for Singapore-based regional logistics provider, Swire Shipping, in June 2024. In this interview, he speaks about the prospects for growth in shipping volumes in and out of PNG, rising freight costs and the move to sustainable biofuels.
Editorial: Domestic investors fill the gap while Papua New Guinea awaits next wave
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Forex shortages in PNG have acted as handbrake on both economic growth and foreign direct investment over the past decade, according to the IMF. However, domestic and concessional investors have been stepping in to keep PNG’s economy moving.
Wapu Sonk on Papua LNG – timelines, impacts, and reforms that could benefit industry [video]
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Wapu Sonk, Managing Director of Papua New Guinea’s state-owned oil and gas company Kumul Petroleum Holdings Limited, spoke about the way forward with the TotalEnergies-led Papua LNG project and the “unexpected blessings” its delay could bring at this month’s 2024 Business Advantage PNG Investment Conference. Watch his exclusive fireside chat.
George Constantinou on building, construction and hospitality in Papua New Guinea [video]
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George Constantinou, third-generation CEO of the Constantinou Group, went through the family album to review his company’s past, present and future at this week’s 2024 Business Advantage PNG Investment Conference. Watch his fireside chat with BAI’s Andrew Wilkins.
Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
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Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, shares why the chaos of our modern world presents an excellent opportunity for business leaders.
Papua New Guinea’s ‘engine room’ seeing new investment, says Lae Chamber president
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In spite of the challenges, Papua New Guinea’s second city, Lae, is experienced some significant new investments. Business Advantage PNG sits down with John Byrne, President of the Lae Chamber of Commerce, to discuss the state of play in the country’s “engine room”.
Kumul Minerals head: Wafi-Golpu contract to be completed by mid-2024
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Sarimu Kanu, Managing Director of state-owned miner Kumul Minerals Holdings, gives an update on the progress of the Wafi-Golpu mine project to Business Advantage PNG, and outlines the company’s strategy to consolidate some of Papua New Guinea’s smaller mining projects.
No quick fix to Papua New Guinea’s law and order issues but reforms are under way, says Deputy Prime Minister
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More police, prosecutors and magistrates, including some brought in temporarily from other Commonwealth countries, are key components of law and order reforms being pursued by Papua New Guinea’s government, according to Deputy Prime Minister John Rosso.
Targeting net zero: SP Brewery prepares for growth in tough market
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“We’re ready for the boom to happen. We’re just hoping that it will happen sooner rather than later.” Business Advantage PNG speaks with SP Brewery Managing Director Ed Weggemans about the company’s sharp focus on its bottom line and sustainability in tougher market conditions.
Papua New Guinea’s proposed National Gold Corporation Bill opposed by industry
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PNG CORE has come out with serious objections to the government’s proposed National Gold Corporation Bill. We take a closer look at the legislation and what it could mean for the country’s second most valuable export.
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