Latest news Archives - Page 38 of 142 - Business Advantage PNG

COVID-19 hits Papua New Guinea’s mining sector

10 Aug 2020 by Paul Chai Leave a Comment

COVID-19 has reached Papua New Guinea's mining sector, with its two major mines announcing cases. Meanwhile, new measures are being introduced in response to the growing numbers of infections.
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K4.96 billion Australian fund starts to invest in Papua New Guinea infrastructure

6 Aug 2020 by Paul Chai 4 Comments

At a time when private sector investment is stalling, the A$2 billion [K4.96 billion] Australian Infrastructure Financing Facility for the Pacific is ramping up and targeting projects that will help drive Papua New Guinea's economy.
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Taxing time: Papua New Guinea needs to address ‘volatile revenue’, says ADB

5 Aug 2020 by David James Leave a Comment

Papua New Guinea has a ‘tax mobilisation challenge’ if it is to deal with the financial challenges resulting from the COVID-19 crisis, according to a new Asian Development Bank report.
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Foreign investment in Papua New Guinea falls as Minister flags new laws

3 Aug 2020 by David James 6 Comments

Foreign direct investment into Papua New Guinea dropped in the first quarter of 2020, according to Investment Promotion Authority figures. Meanwhile, business expresses concern over proposed changes to PNG's investment laws.
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In brief: Nadzab Airport redevelopment project officially launched and other business stories

3 Aug 2020 by Business Advantage PNG Leave a Comment

Nadzab airport set to get a major facelift, PNG Ports says only three ports are profitable, and SIM card registration deadline extended. The business news you need to kickstart your week.
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Port Moresby in lockdown: Papua New Guinean capital acts to halt spread of COVID-19

29 Jul 2020 by Paul Chai 2 Comments

Port Moresby will be closed for two weeks in a bid to stop community transmission after highest number of daily infections.
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Metals, coffee and oil rebound: a silver lining for Papua New Guinea’s commodity and financial markets

29 Jul 2020 by David James 1 Comment

The silver price takes off and LNG also surges. Coffee is also up sharply and oil is steady. Business Advantage PNG’s monthly overview of commodity and financial markets.
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In brief: Oil Search planning strategic review and other business stories

27 Jul 2020 by Business Advantage PNG 1 Comment

Oil Search to undergo a strategic review, Newcrest remains positive about Wafi-Golpu and public consultation on internet pricing. The news you need to kickstart your week.
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COVID-19 second wave in Papua New Guinea: what you need to know

27 Jul 2020 by David James Leave a Comment

The number of Papua New Guinea’s COVID-19 cases has increased to over 60. In response, the country’s COVID-19 Pandemic Response Controller, David Manning, has issued new control measures in an effort to prevent further spread.
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The great unknown: survey suggests uncertainty the biggest threat to Papua New Guinean businesses

22 Jul 2020 by David James Leave a Comment

Over two-thirds of Papua New Guinean businesses have experienced a 'very negative' impact from the COVID-19 crisis, according to a recent survey. Uncertainty over the duration of the crisis is considered to be the greatest challenge.
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Economic update: Papua New Guinea’s decade of growth begins

As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our … [Read More...]

Restaurant review: Lucky Lucky, Port Moresby

Port Moresby’s flourishing dining scene now features a Thai restaurant – and it’s a good ’un. Lucky Lucky launched in late … [Read More...]

Papua New Guinea’s banks embrace a digital future

Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, … [Read More...]

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab … [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 […]