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New majority owner of Port Moresby Stock Exchange outlines its plans

12 Dec 2018 by 5 Comments
The Port Moresby Stock Exchange has new majority owners. So, who's behind Pacific Capital Markets Development and what are their plans for Papua New Guinea's bourse? In this exclusive interview, one of the Principals of Pacific Capital, Frank Dunphy, reveals all to Business Advantage PNG.
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‘Fundamental change’ needed with Papua New Guinea state-owned enterprises

11 Dec 2018 by 3 Comments
Kumul Consolidated Holdings, the holding company for Papua New Guinea’s state-owned enterprises (SOEs), has released its Year in Review. It says that 2018 has been ‘particularly difficult and challenging’ for the country's SOEs and that a fundamental change is necessary if the enterprises are to expand.
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APEC hailed by organisers as a success for Papua New Guinea despite tensions

11 Dec 2018 by 2 Comments
Papua New Guinea’s hosting of APEC 2018 was a success, say three senior figures involved in its organisation. Ivan Pomaleu, PNG’s APEC Ambassador, suggests that the country achieved all of its goals in spite of the lack of a consensus within the group of 21 nations.
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PM signs Papua New Guinea Electrification Partnership with Australia, US, Japan and US

21 Nov 2018 by Leave a Comment
The Prime Minister Peter O’Neill has signed the Papua New Guinea Electrification Partnership with Australia, Japan, the United States and New Zealand, whose aim is to provide power to 70 per cent of the country’s population by 2030. Currently, only 13 per cent of PNG’s population has reliable access to electricity.
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Hilton Hotel opening in Port Moresby a ‘key story’ for Papua New Guinea says MD

13 Nov 2018 by 2 Comments
All eyes this week are on Port Moresby in general and the capital's new Hilton Hotel in particular. Business Advantage PNG takes a look at the site that will host the APEC Leaders' Gala Dinner and Cultural Performance.
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Nine Things You Need to Know about 2018 APEC Leaders Week in Papua New Guinea

7 Nov 2018 by 4 Comments
The final two events of Papua New Guinea’s APEC-hosting year are fast approaching. The APEC Leaders Meeting and CEO Summit will be the highlights of APEC Leaders Week, to take place from 12 to 18 November and thousands of delegates will be coming to Port Moresby from all over the APEC region. Here's what to expect. 
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Identifying digital opportunities Papua New Guinea’s focus during APEC, says Executive Director

7 Nov 2018 by Leave a Comment
The Executive Director of APEC, Alan Bollard tells Business Advantage PNG that finding digital solutions that suit Papua New Guinea has been a focus of APEC discussions. Trust and integrity will be key factors in implementation.
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