Search Results for: Papua LNG

In brief: US power and construction company eyes Papua New Guinea as next location, and other business news

Welcome,

Pernix Group looks to expand into Papua New Guinea, European Investment Bank invited into PNG and Finance Minister says LNG is not ‘a waterfall’ of money.

In brief: Credit Corp profit down after completion of LNG plant, and other business stories

Welcome,

Credit Corp profit down, companies begin closing offshore foreign currency accounts, and new air navigation system to be installed across Papua New Guinea. Your weekly digest of the latest business news.

‘One building at a time’: Papua New Guinea’s K K Kingston prepares for next wave after consolidation

Welcome,

For the last 18 months, leading Lae manufacturer K K Kingston has been consolidating and restructuring. CEO Michael Kingston talks to Business Advantage PNG about the company’s strategy, his optimism for the future, and the issues facing businesses in Papua New Guinea.

Corporate organisations build on success of remote Papua New Guinea health initiatives

Welcome,

Travel times to medical centres in remote parts of Papua New Guinea have been cut from three weeks to as little as three hours as a result of health initiatives introduced by Digicel’s PNG Foundation. Business Advantage PNG spoke to Foundation CEO Beatrice Mahuru to find out how this has been achieved.

In brief: Port Moresby Chamber backs Northern Australia development for Papua New Guinea, and other business stories

Welcome,

Port Moresby Chamber applauds development of Northern Australia, Papua New Guinea well-placed on global LNG stage, and SP Brewery launches new brew. Your weekly digest of the latest business news.

In brief: Papua New Guinea aims to strengthen business relationship with United Kingdom, and other business stories

Welcome,

O’Neill wants PNG to take advantage of global business opportunities, Australia provides additional development funds, and Air Niugini outsources Lihir airport services. Your weekly digest of the latest business news.

Overcoming chronic lack of skilled tradespeople in Papua New Guinea requires more government funding, say industry leaders

Welcome,

An analysis of foreign workers coming to Papua New Guinea since 2000 indicates a chronic lack of skilled tradespeople, according to Lae-based business leaders. While skills training initiatives are under way, an expected surge in mining projects over the next few years highlights the urgency for more skilled workers.

Bright spots, but challenges remain for Papua New Guinea’s mining sector

Welcome,

Despite some positive developments for the mining sector in Papua New Guinea, the industry continues to face funding challenges for critical exploration activity, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG.

In brief: mini-budget on the way for Papua New Guinea, and other business stories

Welcome,

PNG Government likely to prepare mini-budget, Pacific Assurance Group urges Bank of PNG to lift restrictions, and Lihir mine temporarily ceases operations. Your weekly digest of the latest business news.

Papua New Guinea Budget review welcomed

Welcome,

The PNG Government’s decision to review the 2015 Budget has been welcomed, while another prominent economist suggests further foreign investment can be attracted by improved policy settings.