The two days before the APEC Leaders meeting have been declared national holidays in the National Capital District in Port Moresby, according to Chris Hawkins, the Chief Executive Officer of APEC Papua New Guinea. He told an APEC summit briefing that Papua New Guinea has advantages when it comes to hosting the big event.
Public holidays declared in Port Moresby due to APEC summit, says CEO
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14 Aug 2018 by 2 Comments
Papua New Guinea has opportunities in carbon capture says ecologist Tim Flannery
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13 Aug 2018 by Leave a Comment
Papua New Guinea has opportunities in the emerging methods of capturing carbon, climate change expert Professor Tim Flannery told the Business Advantage Papua New Guinea Investment Conference in Brisbane. He pointed to forests, soil, marine and biomass as potential commercial areas.
The secrets to managing successful projects
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8 Aug 2018 by Leave a Comment
There is growing interest in improving the way projects are managed in Papua New Guinea, according to Ian McMahon, Managing Director of the Australian Institute of Project Management. He outlines the key elements of a successful project.
Higher commodity prices are boosting Papua New Guinea’s economy, says ADB economist
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8 Aug 2018 by Leave a Comment
The Papua New Guinea economy is set to grow steadily, according to Edward Faber, Country Economist for the Asian Development Bank (ADB). He told the Business Advantage PNG Investment Conference in Brisbane that the fate of the economy heavily depends on export prices.
Prime Minister gives upbeat take on Papua New Guinea’s economy
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7 Aug 2018 by 1 Comment
The Prime Minister, Peter O’Neill, speaking at Business Advantage Papua New Guinea Investment Conference in Brisbane, said the mid-year assessment of the economy was better than anticipated. He said the growing investment interest in the Pacific from China, Australia and the United States is ‘healthy’.
‘Big leap forward’ in Papua New Guinea mobile broadband usage, reports telco analyst
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31 Jul 2018 by 1 Comment
Improvements in Papua New Guinea’s mobile infrastructure has seen rapid recent growth in subscribers to mobile broadband, according to telecommunications researchers BuddeComm. But low incomes, terrain, and lack of electricity are hindering greater access more quickly.
Recovery from devastating fire well underway, says CPL’s CEO
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31 Jul 2018 by Leave a Comment
The recovery by CPL Group from a devastating fire has been one of the more remarkable come backs in Papua New Guinean business. But Chief Executive Mahesh Patel tells Business Advantage PNG that there is still a long way to go.
Papua New Guinea’s gas will be in strong demand says resource analyst
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31 Jul 2018 by Leave a Comment
Demand from the Asian region for natural gas will ensure that Papua New Guinea’s LNG industry remains robust in the medium term, David Lennox, xxz tells Business Advantage PNG. He says growing tensions about trade barriers may be beneficial for the country.
Papua New Guinea mining rates ahead of several Australian states for attractiveness
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24 Jul 2018 by 1 Comment
Research by the Fraser Institute shows that Papua New Guinea rates ahead of several Australian states for attractiveness for mining investment. Gavin Wendt, Founding Director of resource analyst Minelife, says statements from Kumul Mineral Holdings’ Chairman Peter Graham that it will invest in upcoming projects are also a positive for foreign investors.
Copper has weakened but oil and gas prices were strong: a monthly review of Papua New Guinea’s commodities and financial markets
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24 Jul 2018 by Leave a Comment
Copper has weakened, but oil and gas prices are showing strength. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
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