The Papua New Guinea kina is starting to experience a very gradual erosion against its key trading currency, the US dollar.
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Papua New Guinea’s currency flagged to continue ‘gentle’ fall
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5 Jul 2023 by Leave a Comment
PET project: Coca-Cola expands its footprint in Papua New Guinea
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9 Jun 2023 by Leave a Comment
In spite of softer market conditions, Coca-Cola Europacific Partners continues to invest in PNG committing K80 million to the construction of a new bottle manufacturing plant in Lae.
Papua New Guinea Investment Conference: new speakers announced
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9 May 2023 by
Business Advantage International has announced new speakers and the final sponsors for the 2023 Papua New Guinea Investment Conference.
Papua New Guinea embraces global hospitality brands
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25 Apr 2023 by Leave a Comment
International hotel chains are finally arriving en masse in Papua New Guinea. Business Advantage PNG takes a closer look at this noteworthy property trend.
More capacity, more efficiency: Papua New Guinea’s ports get a makeover
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1 Apr 2023 by Leave a Comment
Freight volumes into PNG’s two major international ports, Motukea and Lae, were up substantially in 2022. New resources projects and transformative investments look set to drive further expansion.
Economic update 2023: Papua New Guinea’s year of gearing up
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28 Mar 2023 by 3 Comments
With the worst of the COVID pandemic behind it, Papua New Guinea is preparing itself for a decade of sustained economic growth. While the investments that will drive this growth are still being finalised, business leaders tell Business Advantage PNG the country is already starting to get ready.
In brief: Papua New Guinea’s Ramu 2 project on track and other business stories
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27 Mar 2023 by Leave a Comment
The Ramu 2 hydro power station looks to be on track, Mining Minister says there is interest again in Solwara 1 deep sea mining project and the IMF makes sizeable contribution to Papua New Guinea’s economy. Your business news today. Government The International Monetary Fund (IMF) has agreed to provide a 38-month US$918 million (K3.23 […]
Papua New Guinea’s war for talent
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20 Mar 2023 by 2 Comments
Papua New Guinean employers are bracing for a fierce battle to attract and retain skilled workers.
Kumul Petroleum moves to commercialise more gas fields in Papua New Guinea
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1 Mar 2023 by 2 Comments
State-owned oil and gas company Kumul Petroleum has been gradually acquiring licences to some of Papua New Guinea’s smaller and ‘stranded’ gas assets. Managing Director Wapu Sonk explains the strategy behind the move to Business Advantage PNG.
In brief: Papua New Guinea’s banking sector gets ready for more competition and other business stories
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15 Feb 2023 by Leave a Comment
Central Bank awards in principle banking licence to Credit Corporation, Japanese delegation visits proposed Special Economic Zone locations in Papua New Guinea, and Newmont’s proposal to combine with Newcrest Mining. Your business news in summary.
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