Industry sectors

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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New laws, new projects, new power: Kumul Petroleum’s MD on Papua New Guinea’s petroleum and gas future

17 Feb 2021 by Business Advantage PNG 4 Comments

In this exclusive interview, Wapu Sonk, Managing Director of Kumul Petroleum Holdings, looks ahead to the next decade of Papua New Guinea's petroleum and gas sector.
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To build or not to build: multibillion dollar Chinese project highlights Western Province’s dilemmas

15 Feb 2021 by David James 18 Comments

Reports that a Chinese company has put forward a multibillion dollar plan to develop several areas in Western Province have highlighted the lack of investment in one of Papua New Guinea's most neglected provinces.
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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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Wafi-Golpu JV explains its deep sea waste disposal plan

9 Feb 2021 by David James 4 Comments

The Wafi-Golpu Joint Venture has released new information on its proposed DSTP method of tailings disposal for the planned Wafi-Golpu mine in Papua New Guinea. The move is designed to allay environmental concerns, including those expressed by Morobe Governor Ginson Saonu.
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Papua New Guinea attracts more enquiries from foreign investors despite COVID-19 crisis

8 Feb 2021 by David James Leave a Comment

The Investment Promotion Authority has released data on foreign investment trends in 2020 that show the sector of most interest was agriculture. Despite the impact of COVID-19 there was significant investor interest.
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Total expected ‘shortly’ in Papua New Guinea to advance Papua LNG, says Kumul Petroleum MD

3 Feb 2021 by David James 4 Comments

The signing of a fiscal stability agreement between Papua New Guinea and French oil major Total looks set to trigger the FEED phase of the multi-billion dollar Papua LNG project. Wapu Sonk, Managing Director of national oil company Kumul Petroleum, tells Business Advantage PNG the signing is expected within the next two weeks.
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Departing PNG Power Chairman calls for commitment to reform

1 Feb 2021 by Business Advantage PNG 5 Comments

Departing PNG Power Chairman Peter Nupiri has called for less political interference in the state-owned utility and a 'strong commitment' from government for its reform.
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Joint consultations on the future of Bougainville trigger speculation on the future of Panguna mine

27 Jan 2021 by David James 3 Comments

A joint communique issued earlier this month by Papua New Guinea's Prime Minister James Marape and new Bougainville President Ishmael Toroama has committed them to moderated 'joint consultations' over the autonomous region's desired independence. It has again brought focus on the future of the island's massive Panguna copper and gold mine.
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Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference
With tariffs, military conflict and geopolitics at play, it’s already been an extraordinary year for the global economy. Business Advantage PNG speaks with eminent economist Chris Richardson, who will be keynote speaker at this year’s Papua New Guinea Investment Conference in August, for his views on what it all means for business. BAPNG: As an […]
From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]

Industry sectors

Air Niugini looks to gradually expand international services

New laws, new projects, new power: Kumul Petroleum’s MD on Papua New Guinea’s petroleum and gas future

To build or not to build: multibillion dollar Chinese project highlights Western Province’s dilemmas

Total SA and Papua New Guinea sign key agreement for Papua LNG to move forward

Nothing to fear: Kina Bank’s executive dismisses claims of ‘duopoly’ in Papua New Guinea

Wafi-Golpu JV explains its deep sea waste disposal plan

Papua New Guinea attracts more enquiries from foreign investors despite COVID-19 crisis

Total expected ‘shortly’ in Papua New Guinea to advance Papua LNG, says Kumul Petroleum MD

Departing PNG Power Chairman calls for commitment to reform

Joint consultations on the future of Bougainville trigger speculation on the future of Panguna mine

Editor’s picks

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference

Economic update: Will 2025 be Papua New Guinea’s golden year?

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

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

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