Industry sectors

Papua New Guinea could see more than K2.5 billion from regional infrastructure funds

21 Sep 2020 by Paul Chai 4 Comments

Speaking at a Business Advantage PNG webinar, two of the region's largest infrastructure investment funds – the Asian Development Bank and the new Australian Infrastructure Finance Facility for the Pacific – have announced major support for road and electricity projects in Papua New Guinea, with more to come.
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Fair share? Papua New Guinea’s move to production sharing in resource projects questioned

14 Sep 2020 by David James Leave a Comment

The Papua New Guinea government’s proposal to move to production sharing agreements in resource projects may not solve the government’s financial problems and there is a risk it will harm the country’s reputation for being a good place to invest, according to the industry itself.
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Split decision: Papua New Guinea government will not consider Papua PNG and P’nyang together

9 Sep 2020 by David James 11 Comments

Papua New Guinea's Prime Minister, James Marape, has insisted that the country's proposed LNG projects, Papua LNG and P’nyang, will be dealt with as separate projects.
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On the rise: Paradise Foods continues to grow in Papua New Guinea despite COVID-19

9 Sep 2020 by Gabriella Munoz 4 Comments

Paradise Foods has seen over 30% growth over the past six months and its future looks even brighter. James Rice, Group CEO of Papua New Guinea's oldest food manufacturing company, spoke with Business Advantage PNG to explain why.
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Bank South Pacific to launch new online payment system

7 Sep 2020 by Paul Chai 1 Comment

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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Turning the tide: Papua New Guinea’s coastal shipping sector finds its voice

2 Sep 2020 by Paul Chai 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 Gabriella Munoz 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 Business Advantage PNG 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 David James 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 David James 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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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 … [Read More...]

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

Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary … [Read More...]

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

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

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

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

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

Papua New Guinea could see more than K2.5 billion from regional infrastructure funds

Fair share? Papua New Guinea’s move to production sharing in resource projects questioned

Split decision: Papua New Guinea government will not consider Papua PNG and P’nyang together

On the rise: Paradise Foods continues to grow in Papua New Guinea despite COVID-19

Bank South Pacific to launch new online payment system

Turning the tide: Papua New Guinea’s coastal shipping sector finds its voice

Solar for everyone: a glimpse into Papua New Guinea’s solar market today

Papua New Guinea Government moves to take over Porgera lease

Papua New Guinea’s proposed new resources law aims to shake up old ownership models

Government and industry debate the future of Papua New Guinea’s resources sector

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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