COVID-19 has taught us to think and act local. Food producers in Papua New Guinea are benefitting from a trend that appears here to stay.
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Local produce: Papua New Guinea’s delicious prospects
31 Jan 2022 by Leave a Comment
Industry sectors
Papua New Guinea’s Ihu Special Economic Zone builds momentum
26 Jan 2022 by 1 Comment
Ground has been broken at the Ihu Special Economic Zone (ISEZ) in Papua New Guinea's Gulf Province. Project Director Peter KenGemar says companies are already contemplating a move into the zone to take advantage of generous incentives.
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The shipping forecast: the vision for expanding Papua New Guinea’s ports
26 Jan 2022 by 1 Comment
This week saw the announcement of AUD$580 million (K1.45 billion) in financing support from Australia for Papua New Guinea's ports. PNG Ports' Managing Director Fego Ota Kiniafa outlines how the money will be spent and how the state-owned entity has managed the challenges of the past year.
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Plummeting prices of solar will ‘change the game’ in Papua New Guinea: President
19 Jan 2022 by Leave a Comment
Christian Lohberger, President of the Solar Association of PNG, updates Business Advantage PNG on all matters solar and why the future of Papua New Guinea's renewables sector looks bright.
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‘Thumbs up’: Santos to list on Papua New Guinea’s stock exchange
10 Dec 2021 by 5 Comments
Santos is listing on Papua New Guinea's stock exchange, the PNGX, after its merger with Oil Search received the necessary final approvals. It will immediately become the exchange's largest listing, providing PNG's capital markets with a timely boost.
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US funding for electrification in Papua New Guinea starts to ramp up
8 Dec 2021 by 7 Comments
The project to connect 70 per cent of Papua New Guinea’s population to electricity by 2030 is making progress, according to senior officials from the United States-funded component, the USAID-PNG Electrification Partnership.
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Oil Search’s shareholders vote overwhelmingly to merge with Santos
7 Dec 2021 by Leave a Comment
Oil Search's shareholders have voted overwhelmingly to approve its merger with fellow petroleum and gas company Santos at a special shareholders meeting. With National Court and ICCC approval also received, the way is clear for the creation of a A$23 billion (K56.88 billion) resources company.
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Revolutionary road: the ADB’s approach to developing Papua New Guinea’s road network
30 Nov 2021 by Leave a Comment
The Asian Development Bank is pushing ahead with its efforts to fund the development of Papua New Guinea’s road network. There will be about US$2 billion (K7 billion) in its investment pipeline over the next three years.
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Five questions for Steve Beattie, Brian Bell Corporate Services
22 Nov 2021 by Leave a Comment
Imagine all the different items you need to source for a major hotel renovation. And then consider how you’d get them all to a remote part of Papua New Guinea.
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The only way is down: wholesale internet prices in Papua New Guinea fall
17 Nov 2021 by 2 Comments
Reductions in the wholesale price of data and prospects for increased competition look set to deliver lower prices for business and consumers in Papua New Guinea, according to Paul Komboi, Chief Executive Officer of state-owned wholesaler, PNG DataCo.
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