Papua LNG spending to help restore Papua New Guinea’s foreign exchange market, Bank of China opens representative office in Port Moresby and New Porgera clarifies future payments to Barrick.
In brief: Papua LNG spending to help revive forex market and other business stories
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5 Jun 2023 by Leave a Comment
Seven questions for Rupert Bray, Managing Director at Steamships
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30 May 2023 by Leave a Comment
PNGX-listed Steamships Trading Company, which owns businesses across logistics, property and hospitality, last year achieved impressive 12 per cent revenue growth. Business Advantage PNG recently caught up with its Managing Director Rupert Bray to learn about its ambitious plans to grow further.
In brief: the Prime Minister of India visits Papua New Guinea and other business stories
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24 May 2023 by Leave a Comment
Reduced internet costs could be expected this year, the Finschhafen District Hydropower Project advances and the Prime Minister of India visits Papua New Guinea to participate in forum.
Rangeview Grocer: Port Moresby’s new ‘one-destination’ grocery shopping alternative
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24 May 2023 by 1 Comment
Four-star yet affordable, Rangeview Grocer is the jewel within recently opened Rangeview Plaza in the heart of Waigani.
People moves: ExxonMobil PNG, National Executive Council, Kina Asset Management
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22 May 2023 by Leave a Comment
ExxonMobil announces key changes to its management team, the Minister for Foreign Affairs steps down, and Kina Asset Management appoints Acting Chairman.
In brief: Special Economic Zone Summit gathers expertise and other business stories
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8 May 2023 by Leave a Comment
Results of Special Economic Zone (SEZ) Summit expected to help Papua New Guinea develop a new SEZ roadmap, Australia and New Zealand pledge their support to World Bank programs in the Pacific, and Bougainville Copper declares losses for 2022.
Queensland’s new Trade Commissioner to strengthen bilateral trade with Papua New Guinea
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2 May 2023 by Leave a Comment
Leata Alaimoana Queensland’s recently-appointed Trade Commissioner to the the Pacific, speaks with Business Advantage PNG about plans to strengthen the Sunshine State’s economic presence with its closest neighbour, PNG.
Nasfund’s Ian Tarutia: the ‘exit interview’
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27 Apr 2023 by Leave a Comment
Before he handed over the baton to incoming CEO Rajeev Sharma last month, Nasfund’s long-serving CEO Ian Tarutia, spoke to Business Advantage PNG about his time in charge of Papua New Guinea’s largest private sector superannuation fund – and where PNG’s economy might go from here.
In brief: Mining lease transferred to New Porgera and other business stories
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27 Apr 2023 by Leave a Comment
Barrick Niugini and Kumul Mineral Holdings transfer Porgera special mining lease to New Porgera, Nadzab Airport expected to be completed by August and Geopacific Resources completes capital raising. Your business news in brief.
Papua New Guinea embraces global hospitality brands
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25 Apr 2023 by Leave a Comment
International hotel chains are finally arriving en masse in Papua New Guinea. Business Advantage PNG takes a closer look at this noteworthy property trend.
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