There are signs of optimism in the Papua New Guinea business community, according to a survey of market conditions by the Business Council of Papua New Guinea. It suggests that, while the pandemic has exacted a severe financial toll, businesses have now ‘settled’ and are navigating the challenges of the new environment.
‘A hint of optimism’: Business Council says Papua New Guinea’s businesses are settling into new normal
Welcome,
12 May 2021 by Leave a Comment
In brief: IRC turns ‘spotlight’ on logging sector and other business stories
Welcome,
10 May 2021 by Leave a Comment
The Internal Revenue Commission to audit logging companies claiming GST, SP Brewery gets international recognition and PNG DataCo launches COVID-19 website. The business news in brief.
People moves: Harmony Gold, YEGAP, PNG Hunters
Welcome,
10 May 2021 by Leave a Comment
Harmony Gold Mining announces a new Investment Committee Member, the Young Entrepreneurs Group of the Asia Pacific (YEGAP) welcomes a new members to its Executive Committee, and the PNG Hunters appoint a new Commercial Manager.
Five things we learned from our Papua New Guinea Telecommunications Update
Welcome,
10 May 2021 by Leave a Comment
Last Thursday, Business Advantage PNG hosted a special Papua New Guinea Telecommunications Update with the CEO of PNG DataCo Ltd, Paul Komboi, and telecommunications expert, Dr Amanda Watson. Here are five take-homes from the event.
In brief: power outages in Lae explained and other business stories
Welcome,
10 May 2021 by Leave a Comment
Power outages in Papua New Guinea’s second largest city linked to K60 million debt, government looking into outstanding debts and new partnership between the Morobe Provincial Government and the National Airport Corporation. The business news in brief.
In brief: Vaccine roll-out commences in Papua New Guinea and other business stories
Welcome,
5 May 2021 by Leave a Comment
Vaccine roll-out commences in Papua New Guinea, the effects of the liquor ban in PNG breweries, and funding for the Edevu Transmission and Electrification project. Your business news curated.
People moves: PNG Chamber of Mines and Petroleum, Mayur Resources, National Gaming Control Board, Oil Search, National Executive Council
Welcome,
5 May 2021 by Leave a Comment
A new president for the Papua New Guinea Chamber of Mines and Petroleum, a new head for Mayur Resources’ lime and cement business, Oil Search welcomes a Director, the National Gaming Control Board adds to its board, and a new Deputy Controller of the National Pandemic Response.
In brief: vaccine rollout announced for Papua New Guinea and other business stories
Welcome,
3 May 2021 by 2 Comments
Vaccine rollout announced for Papua New Guinea’s 22 provinces, Enga Electrification Project gets funding and Kumul Petroleum to seek funding for gas fields overseas. The news in brief.
Nambawan Super focused on the long term
Welcome,
3 May 2021 by Leave a Comment
Papua New Guinea’s largest superannuation fund, Nambawan Super, is a major domestic investor across the economy. CEO Paul Sayer talks with Business Advantage PNG about the impact of the COVID-19 pandemic on its investments, and its future plans.
Papua New Guinea’s ‘public health emergency’ a continued challenge, says Oil Search MD
Welcome,
30 Apr 2021 by Leave a Comment
Having emerged from the ‘most challenging’ year in its 92-year history, Oil Search Ltd is now facing an escalation of COVID-19 infections in Papua New Guinea. In spite of this, shareholders at its annual general meeting were told PNG’s largest company is ‘coming through the challenges well’.
USD 0.2594
AUD 0.383
GBP 0.1999
EUR 0.2381
NZD 0.4255
JPY 40.98
SGD 0.3482
Recent readers’ comments