Bank South Pacific's new BSP Pay service is launched this month with a view to helping MSMEs reach its 1.8 million customers online.
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Bank South Pacific to launch new online payment system
7 Sep 2020 by 1 Comment
Industry sectors
Turning the tide: Papua New Guinea’s coastal shipping sector finds its voice
2 Sep 2020 by Leave a Comment
The PNG Coastal Ship Owners Association has had a revamp and it has a new aim to make sure that this vital service gets the respect it deserves. New chairman of the association, James Midgley, talks to Business Advantage PNG.
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Solar for everyone: a glimpse into Papua New Guinea’s solar market today
1 Sep 2020 by 1 Comment
What progress has solar energy made in Papua New Guinea and what is its potential, particularly for business? Christian Lohberger, President and founder of the Solar Energy Association of PNG and co-founder of Astra Solar Ltd, shares his views with Business Advantage PNG.
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Papua New Guinea Government moves to take over Porgera lease
31 Aug 2020 by 6 Comments
Papua New Guinea's government has moved to effectively take over the Porgera gold mine in Enga Province by issuing a Special Mining Lease to state-owned mining company, Kumul Minerals Holdings. Legal challenges look likely.
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Papua New Guinea’s proposed new resources law aims to shake up old ownership models
31 Aug 2020 by Leave a Comment
A new organic law defining how Papua New Guinea manages resource projects may soon be tabled in Parliament. It appears the main aim will be to change ownership and control of future projects, but will it spook international investors?
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Government and industry debate the future of Papua New Guinea’s resources sector
24 Aug 2020 by Leave a Comment
When it comes to Papua New Guinea's resources sector, the government wants a better share of the rewards, but the industry is warning that the country is becoming a less attractive destination for investment.
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Making things harder: how manufacturers are adapting to Papua New Guinea’s pandemic trading landscape
24 Aug 2020 by Leave a Comment
Chey Scovell, head of the Papua New Guinea Manufacturers Council, talks to Business Advantage PNG about how his sector is confronting the challenges of the new normal and an uneven playing field.
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Mining lease granted for Mayur Resources’ Papua New Guinea cement and lime project
19 Aug 2020 by 2 Comments
In a development that will give heart to the country's mining sector, Papua New Guinea's government has granted a 20-year mining lease to Mayur Resources’ US$350 million (K1.125 billion) Central Cement and Lime Project in Papua New Guinea's Central Province.
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Less queues, more money: Papua New Guinea government land leases go online in ‘game-changing’ move
19 Aug 2020 by 4 Comments
Secretary of the Department of Land and Physical Planning, Benjamin Samson, talks to Business Advantage PNG about how his department's move into e-government might increase revenue and make life easier for business.
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Investors give Misima miner Kingston Resources the tick of approval
17 Aug 2020 by 3 Comments
Cashed-up Kingston Resources is expecting to complete a pre-feasibility study later this year for the Misima gold project in Papua New Guinea's Milne Bay Province. With the gold price riding high, investors believe the project is a promising one.
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