Business endorses new Police Commissioner, Kumul Flyover opens, and Oil Search chief says low prices are here to stay. Your weekly digest of the latest business news.
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Is more affordable housing on the way in Papua New Guinea?
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27 May 2015 by
With the Papua New Guinea Government highlighting the need for more affordable housing in the country, not-for-profit organisation, Community Housing, believes it has the solution.
In brief: Papua New Guinea’s rating outlook falls to negative with Moody’s downgrade, and other business stories
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20 May 2015 by
Moody’s lowers Papua New Guinea rating outlook, Australians banned from Bougainville, and PNG to commence free trade talks with China. Your weekly digest of the latest business news.
The PNG 100 CEO Survey: Papua New Guinea’s CEOs expect 2015 to be a better year
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6 May 2015 by 1 Comment
Business Advantage PNG’s exclusive annual survey of Papua New Guinea’s major companies indicates a change of mood after a disappointing 2014, with profit and recruitment expectations up for the year ahead.
Papua New Guinea Government takes action to restructure PNG Power
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29 Apr 2015 by Leave a Comment
As the Papua New Guinean Government prepares to present a state of emergency report on the country’s electricity services, the it has stepped in to make major changes to the way state utility PNG Power Ltd is managed to make it ‘more corporate oriented’.
Papua New Guinea banks operate in ‘high risk’ environment, says Standard & Poor’s
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29 Apr 2015 by Leave a Comment
Ratings agency Standard & Poor’s says PNG’s banks operate in a ‘high risk’ environment, with regulation and supervision ‘comparatively lenient’.
In brief: Salini-Impregilo to develop Papua New Guinea’s biggest hydro project, and other business stories
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29 Apr 2015 by
Italian firm to construct giant Chimbo hydro dam, SOEs’ assets valued at K20 billion, and development concept for Elk-Antelope expected by mid-year. Your weekly digest of the latest business news.
Economic update: Papua New Guinea changes gear
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28 Apr 2015 by 7 Comments
Papua New Guinea’s economy is now emerging from a period of hiatus following the completion of its massive liquefied gas project. Andrew Wilkins talks exclusively to some of PNG’s top executives to find out their views on the economy.
Papua New Guineans demand higher quality food and more variety as incomes rise
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22 Apr 2015 by 2 Comments
A rising middle-class in Papua New Guinea is seeing the emergence of a wider variety of food and beverage businesses, particularly in Port Moresby. It also reflects, say food specialists, an increasing demand for high quality food products in PNG.
Steamships’ new chief in Papua New Guinea keeps powder dry for coming challenges and opportunities
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15 Apr 2015 by Leave a Comment
The next 12 months or so is a time to digest and consolidate, says Peter Langslow, the incoming head of one of Papua New Guinea’s largest and oldest companies, Steamships Trading Company. He told Business Advantage PNG, however, it is also a time to prepare for fresh opportunities.
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