PNGFP has been producing engineered wood products in Papua New Guinea for more than 70 years, but it recently discovered a new avenue for growth, as Managing Director Tony Honey tells Business Advantage PNG.
New export niche delivers record revenues for PNG Forest Products
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21 Feb 2025 by Leave a Comment
Boom times for Port Moresby conferences and events spaces
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10 Feb 2025 by 1 Comment
Papua New Guinea’s Meetings, Incentives, Conferences and Exhibitions (MICE) sector has grown rapidly over the past few years, with venues competing for business with upgrades, expansions and value adds. Business Advantage PNG looks at the current MICE landscape in the capital.
Islands Petroleum stepping up to help meet Papua New Guinea’s fuel supply needs
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23 Oct 2024 by 1 Comment
Papua New Guinea has faced ongoing fuel supply challenges since August 2023, as a result of issues related to its largest fuel importer, Puma Energy. Islands Petroleum is one of a number of fuel companies that have ramped up capacity to help meet demand. Chief Executive Nathan Bluett says the company is now looking to grow further.
Papua New Guinea’s electric vehicle market sparks to life
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8 Oct 2024 by 1 Comment
Niugini Automobiles launched recently in PNG, with the aim of importing electric vehicles from multiple manufacturers. Managing Director Leon Shi shares the firm’s EV rollout plans with Business Advantage PNG.
‘Transformative’ Port Moresby port redevelopment ready for investors
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24 Sep 2024 by Leave a Comment
Port Moresby’s former port facility has been rezoned, had its masterplan approved, and is now ready for investors’ expressions of interest. Business Advantage PNG takes a closer look at the project.
Paga Hill aiming to bring slice of global cruise market to Papua New Guinea
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10 Sep 2024 by Leave a Comment
The Paga Hill Estate site is underway, with aims to attract cruise traffic and change how people experience Port Moresby. Gudmundur Fridriksson, Chairman, Paga Hill Development Company, tells us how he plans to make waves in PNG’s tourism sector.
New banks in Papua New Guinea to ‘change the game’
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27 Aug 2024 by 1 Comment
Credit Corporation was one of two financial institutions to receive PNG commercial banking licences this month, with more new banks planned. Credit Corp’s Chief Executive Danny Robinson outlines his bank’s digital-first approach, while the IFC’s Kevin Gani explains the path forward for other prospective banks.
New Westside development could be Lae’s “industrial heartland”, says ports CEO
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27 Aug 2024 by Leave a Comment
Port authority PNG Ports Corporation is “re-conceptualising” Papua New Guinea’s ports into business and logistics hubs, beginning with the signature Westside project in Lae. A bullish Chief Executive Neil Papenfus outlines its plans to upgrade ports across the country.
Rebranded: Papua New Guinea’s oldest private sector super fund brings new approach to market
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30 Jul 2024 by 1 Comment
PacWealth Capital has acquired the AON Master Trust in PNG superannuation fund and rebranded it as PacSuper. Eric Kramer, Chief Executive of PacSuper, tells Business Advantage PNG about the fund’s growth plans and explains why it is different from the incumbents.
Back to the future: Hornibrook Construction eyes a return to property development
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9 Jul 2024 by Leave a Comment
Benefitting from increased business activity in Papua New Guinea’s mining sector, Lae-based construction company Hornibrook NGI is looking to further diversify into property development. Business Advantage PNG speaks to Managing Director Matthew Lewis to learn more.
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