Industry sectors

Large-scale fabrication plant to underpin industrial park outside Papua New Guinea’s capital

14 Feb 2024 by Business Advantage PNG Leave a Comment

Work has begun on Kumul Petroleum Holdings Ltd’s US$100 million steel fabrication plant just north-west of Port Moresby. In an exclusive interview, Kumul Petroleum MD Wapu Sonk outlines how the facility will boost PNG manufacturing, and anchor a new Special Economic Zone in the Caution Bay area.
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TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead

14 Feb 2024 by Tony Jordan 2 Comments

A final investment decision on the Papua LNG project remains on the agenda for this year. Managing Director of project lead TotalEnergies E&P PNG, Jean-Marc Noiray, walks Business Advantage PNG through the milestones ahead for the US$10 billion-plus gas project.
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Small wonders: smallholders behind Kongo Coffee success

12 Feb 2024 by Paul Chai Leave a Comment

Smallholder farms are the key to success for Papua New Guinea coffee producer, Kongo Coffee. Paul Chai reports.
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Economic growth is key to easing foreign exchange crunch, says Bank of Papua New Guinea Chairman

31 Jan 2024 by Business Advantage PNG Leave a Comment

Chairman of the Bank of PNG, David Toua, talks exclusively about reforms to the central bank, the foreign exchange situation, interest rates and the phasing out of bank cheques.
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Take it to the bank: new Digizen ID card to drive financial inclusion in Papua New Guinea

31 Jan 2024 by Paul Chai 3 Comments

Digizen ID, a new digital identification card developed specifically for PNG, could be a "game changer" for the vast majority of citizens who are locked out of financial services due to a lack of formal identification.
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GoFood PNG delivers for expanding middle class and youth markets, sets sights on expansion

17 Jan 2024 by Tony Jordan Leave a Comment

GoFood PNG started its food delivery service in 2016 with a single car and a website. After explosive growth during the COVID-19 emergency, it's now preparing to expand into new markets, including Lae and Mount Hagen.
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New Porgera Chairman announces reopening date for gold mine

13 Dec 2023 by Business Advantage PNG Leave a Comment

The Porgera gold mine in Papua New Guinea's Enga Province will officially restart on 22 December, according to the Managing Director of Kumul Minerals Holdings, Sarimu Kanu, who is also Chairman of New Porgera Limited, the new operator of the mine.
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Papua LNG investment decision faces delay as financiers grapple with climate concerns

13 Dec 2023 by Tony Jordan 4 Comments

The final investment decision for the TotalEnergies-led Papua LNG project, which would spark a fresh investment boom in Papua New Guinea, still faces significant hurdles, as growing environmental activism makes finance harder to arrange and international energy projects compete for scarce construction resources.
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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 […]
Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]

Industry sectors

Large-scale fabrication plant to underpin industrial park outside Papua New Guinea’s capital

TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead

Small wonders: smallholders behind Kongo Coffee success

Economic growth is key to easing foreign exchange crunch, says Bank of Papua New Guinea Chairman

Take it to the bank: new Digizen ID card to drive financial inclusion in Papua New Guinea

GoFood PNG delivers for expanding middle class and youth markets, sets sights on expansion

New Porgera Chairman announces reopening date for gold mine

Papua LNG investment decision faces delay as financiers grapple with climate concerns

Papua New Guinea’s new bank to focus on digital products and customer service

Upswing in import substitution despite tough trading conditions: Manufacturers Council head

Editor’s picks

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

Report from the 2024 Papua New Guinea Investment Conference

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