Search Results for: Papua LNG

Five questions for Mauro Leone, Area General Manager for IHG in Papua New Guinea

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IHG (Intercontinental Hotels Group) PNG is represented by the Holiday Inn Suites, Holiday Inn Express and the Crowne Plaza Residences in Port Moresby. We sat down with IHG’s Area General Manager Mauro Leone to see how the group is trading — and what he expects from the year to come.

Foreign exchange shortages still biting business in Papua New Guinea

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The Bank of Papua New Guinea expects a ‘windfall’ from higher international commodity prices to alleviate some of the country’s foreign exchange shortages. However, anecdotal evidence suggests the forex situation is actually getting worse.

In brief: Papua New Guinea’s potential to become the Pacific’s ‘Powerhouse’ and other stories

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Latest ANZ Pacific Report highlights Papua New Guinea’s economic potential, Santos posts record production largely due to PNG and a new partnership between Paradise Foods and PHAMA Plus. Your business news in nutshell.

Papua New Guinea’s leading business & logistics park

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Papua New Guinea is not known for its ease of doing business, especially for new market entrants. However, the PNG Business and Logistics Park, strategically located in the growth corridor between the Port Moresby CBD and the expanding LNG plant is helping mitigate this.

In brief: Papua New Guinea’s Treasurer meets with global rating agencies & other business stories

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Treasurer Ian Ling-Stuckey met with two global rating agencies to talk about Papua New Guinea and its loan history, the United States pledges about K2.8 million in programs for the Pacific and Prime Minister Marape green lights the Japan Development Institute to work on a new Special Economic Zone (SEZ) Master Plan. The business news you need.

What does Papua New Guinea business want from the new Marape government?

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With its majority established in Parliament and its ministry appointed, Papua New Guinea’s Marape government is now getting back to the business of running the country. Key business leaders tell Business Advantage PNG what they think its priorities should be.

Foreign investment starting to return to Papua New Guinea, says IPA head

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Foreign direct investment in Papua New Guinea is starting to return this year after a ‘huge slump’ over the previous two years, according to Clarence Hoot, Managing Director of the country’s Investment Promotion Authority.

Thinking big: looking to the future of Papua New Guinea’s large-scale investments

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The growth of Papua New Guinea’s non-resources economy is giving major developers the confidence to invest in projects outside of Port Moresby, an expert panel told the recent Business Advantage Papua New Guinea Investment Conference.

Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference

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Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.

Papua New Guinea Investment Conference to bring investors back face-to-face

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The 2022 Business Advantage Papua New Guinea Investment Conference is taking place in Brisbane on 15 and 16 August, bringing business people and financiers together face-to-face for the first time since 2019. We preview the event.