Latest news Archives - Page 29 of 142 - Business Advantage PNG

Going strong: Lihir forecasts record gold production

24 Feb 2021 by David James 1 Comment

Newcrest Mining says it can ‘unlock significant value’ at Lihir, Papua New Guinea’s biggest gold mine. David James takes a closer look at a mine forecast to produce over a million ounces a year.
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In brief: COVID-19 surge in Papua New Guinea and other business stories

24 Feb 2021 by Business Advantage PNG Leave a Comment

A surge of COVID-19 cases in Papua New Guinea, Oil Search posts major loss and NEC endorses the National Energy Authority Bill 2020. The midweek business news, curated for you by Business Advantage PNG.
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Still a long way to go: business and economic recovery after COVID

22 Feb 2021 by David James Leave a Comment

Papua New Guinea is experiencing similar stresses to other economies in the Pacific region due to the impact of COVID-19. Two reports, by the Asian Development Bank and Pacific Trade Invest, highlight both the impacts and a way to recovery.
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In brief: Preparing to clean up Papua New Guinea’s Sinivit gold mine and other business stories

22 Feb 2021 by Business Advantage PNG Leave a Comment

A submission to Cabinet is being prepared to clean up the Sinivit mine, 6-Mile market to open next month and Ela Beach opens its Beachside Precinct.
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Air Niugini looks to gradually expand international services

17 Feb 2021 by Robert Upe Leave a Comment

With its domestic services in Papua New Guinea close to pre-COVID levels, national carrier Air Niugini is now looking to increase its international services, as it continues to provide an international economic lifeline for the country.
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In brief: Mineral Resources Authority to decentralise and other business stories

17 Feb 2021 by Business Advantage PNG Leave a Comment

Mineral Resources Authority to decentralise functions, new hotel in Port Moresby, and Papua New Guinea says goodbye to the submarine cable that connected it to the world for over 15 years.
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In brief: Papua New Guinea’s economy expected to recover by 2.5 per cent and other business stories

15 Feb 2021 by Business Advantage PNG 2 Comments

Bank South Pacific executive says Papua New Guinea's economy will recover by 2.5 per cent, Marape launches seven projects in Kainantu including the Ramu Hydro Power Station 2 and K1 million allocated for communication towers in Gulf Province.
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Total SA and Papua New Guinea sign key agreement for Papua LNG to move forward

12 Feb 2021 by David James Leave a Comment

The long-awaited signing of the Fiscal Stability Agreement between the Papua New Guinea government and Total SA has been announced. It opens to the way for the project to go forward.
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Nothing to fear: Kina Bank’s executive dismisses claims of ‘duopoly’ in Papua New Guinea

10 Feb 2021 by David James 5 Comments

Kina Bank will adopt a ‘multi-brand’ strategy after acquiring Westpac PNG, according to Lesieli Taviri, Executive General Manager for Banking. She believes fears about a duopoly are unfounded.
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In brief: Five countries abandon the Pacific Island Forum and other business stories

10 Feb 2021 by Business Advantage PNG Leave a Comment

Micronesian nations leave the Pacific Island Forum, Kumul Submarine Cable yet to be completed and Daru Island becomes centre of political tension. The latest business news in a nutshell.
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Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

Report from the 2024 Papua New Guinea Investment Conference

This week's 2024 Business Advantage PNG Investment conference saw top speakers from across the business sector and government come … [Read More...]

Australia’s new Pacific Engagement Visa an ‘opportunity’ for PNG businesses

Australia launched its inaugural Pacific Engagement Visa ballot on 3 June, with Papua New Guinea receiving the largest allocation. … [Read More...]

Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]
Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]