The COVID-19 pandemic accelerated the development of e-commerce in Papua New Guinea and around the world – and more is yet to come.
US funding for electrification in Papua New Guinea starts to ramp up
Welcome,
8 Dec 2021 by 7 Comments
The project to connect 70 per cent of Papua New Guinea’s population to electricity by 2030 is making progress, according to senior officials from the United States-funded component, the USAID-PNG Electrification Partnership.
Revolutionary road: the ADB’s approach to developing Papua New Guinea’s road network
Welcome,
30 Nov 2021 by Leave a Comment
The Asian Development Bank is pushing ahead with its efforts to fund the development of Papua New Guinea’s road network. There will be about US$2 billion (K7 billion) in its investment pipeline over the next three years.
The only way is down: wholesale internet prices in Papua New Guinea fall
Welcome,
17 Nov 2021 by 2 Comments
Reductions in the wholesale price of data and prospects for increased competition look set to deliver lower prices for business and consumers in Papua New Guinea, according to Paul Komboi, Chief Executive Officer of state-owned wholesaler, PNG DataCo.
Time to grow: Papua New Guinea’s stock exchange looking to expand
Welcome,
6 Oct 2021 by Leave a Comment
Crowdfunding and a new listed fund are in the pipeline at Papua New Guinea’s stock exchange, PNGX, as it looks at new ways of grow the country’s capital markets and encourage SMEs.
Fabrication of Papua New Guinea’s new gas projects could be done in-country
Welcome,
29 Sep 2021 by 3 Comments
A new fabrication facility being planned to support the next wave of gas projects in Papua New Guinea could create as many as 15,000 jobs and enable Papua New Guinea to compete for regional work, according to Wapu Sonk, Managing Director of Kumul Petroleum.
New negotiations, new laws: Kumul Petroleum’s MD says oil and gas sector is looking ‘much stronger’
Welcome,
19 Sep 2021 by Leave a Comment
Wapu Sonk, Managing Director of Kumul Petroleum, says that Papua New Guinea’s oil and gas sector is looking ‘much stronger’ with the Papua LNG project set to have its final investment decision in 2023. But, he told the 2021 Business Advantage PNG Investment Conference, that proposed changes to the country’s oil and gas law have been delayed.
New grant seeks to develop better climate solution for Papua New Guinea & the Pacific
Welcome,
1 Sep 2021 by Leave a Comment
A new opportunity has emerged for private and public organisations in Papua New Guinea and the Pacific seeking funds to develop new projects to mitigate climate change.
Papua New Guinea still a land of opportunity for manufacturers
Welcome,
27 Jul 2021 by 1 Comment
What does Papua New Guinea need to do to add more value to its produce? Chey Scovell, CEO of PNG’s Manufacturers Council has told a Business Advantage PNG briefing that the country is already doing better than many think, and that a ‘holistic’ approach is needed to boost the manufacturing sector further.
Landowner company Anitua’s new expansion strategy
Welcome,
30 Jun 2021 by 2 Comments
Diversified landowner company Anitua is on the comeback trail, according to Chief Executive Patrick Doekes. He tells Business Advantage PNG the Papua New Guinean landowner company is looking to streamline operations and expand its product offerings.
USD 0.2475
AUD 0.3829
GBP 0.1953
EUR 0.2348
NZD 0.4224
JPY 38.74
SGD 0.3326
Recent readers’ comments