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AES preparing for the next economic upturn

20 Apr 2016 by Leave a Comment
The downturn in the Papua New Guinea economy has presented challenges for Avenell Engineering Systems (AES). But Managing Director Dominic Avenell tells Business Advantage PNG that the company has adapted well. AES is, he says, strengthening its capabilities and preparing for the next upturn.
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Six questions for: Katsuo Yamashita, Chairman, Japan Papua New Guinea Association

30 Mar 2016 by Leave a Comment
The relationship between Japan and Papua New Guinea has developed to the point where this year—thanks to liquefied natural gas—Japan is expected to be PNG's largest export destination this year. Business Advantage PNG asks Katsuo Yamashita, the Chairman of the Japan PNG Association, about the growing links between the two countries.
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Papua LNG project to have ‘similar impact’ on Papua New Guinea to PNG LNG: InterOil CEO

29 Mar 2016 by Leave a Comment
With the PNG LNG project now in production, all eyes are on Papua New Guinea’s next likely gas project: Papua LNG. InterOil Corporation has been with the project, based on the Elk-Antelope gas fields in Gulf Province, since its inception. Chief Executive Officer Michael Hession tells Business Advantage PNG why the project is still promising, even in a time of low global gas prices.
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Existing SMEs on new Reserve List of Papua New Guinea businesses will be bought out at current market value, says Minister

9 Mar 2016 by 6 Comments
Trade, Commerce and Industry Minister Richard Maru says he is compiling a reserve list of businesses that may only be owned and operated by PNG nationals. While Maru has given no timeline for the reintroduction of the Reserve List, he says existing businesses will be bought out at the current value.
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Resources sector needs legislation that will position it for the future: Chamber

1 Mar 2016 by Leave a Comment
Papua New Guinea’s approach to mining and resources legislation, currently under review, will be critical to positioning the country for the next upswing in prices, claims Greg Anderson, executive director of the PNG Chamber of Mines and Petroleum.
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Five questions for James Lau, Managing Director of R H Group

20 Jan 2016 by 3 Comments
Malaysia's diversified Rimbunan Hijab Group is a major investor in Papua New Guinea. Managing Director James Lau talks to Business Advantage PNG about the company's current construction projects, how its retail, agribusiness and forestry subsidiaries are performing, and the economic outlook for 2016.
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Five questions for: Arthur Lenoir, Leader of the French Trade Delegation to Papua New Guinea

28 Oct 2015 by Leave a Comment
The entry of the global French-based energy giant, Total SA, has prompted the first French-only trade delegation to Papua New Guinea, which will visit Port Moresby and Lae next week. Delegation Leader, Arthur Lenoir, explains the rationale for the trip to Business Advantage PNG.
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Profile: Engineer’s passion to improve access to power in Papua New Guinea

14 Oct 2015 by Leave a Comment
For more than 30 years, Finkewe Zurecnuoc has been a trailblazer for female engineers in Papua New Guinea. The PNG Power board member is now focusing on using her professional experience to help improve accessibility to power in remote areas.
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