After five years as ‘boss bilong BSP’, Ian B Clyne completes his five-year appointment as the CEO of PNG’s largest bank at the end of this month. Business Advantage PNG caught up with him for one final chat.
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Interview: departing CEO Ian Clyne on three companies that have transformed Papua New Guinea forever
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14 May 2013 by Leave a Comment
Papua New Guinea’s national broadband network speeding to completion
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24 Apr 2013 by
The dream of high speed broadband in Papua New Guinea has taken a step closer, with the completion of a fibre-optic cable connecting Gulf Province with the ExxonMobil-run PNG LNG plant, 20km north of Port Moresby.
Economic update: our annual snapshot of Papua New Guinea’s economy
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16 Apr 2013 by
Papua New Guinea enters 2013 with a new government in place, a major gas project nearing completion and some ambitious development goals, reports Business Advantage PNG’s Andrew Wilkins.
PM O’Neill flags major restructure of Papua New Guinea’s state-owned assets
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10 Apr 2013 by
Papua New Guinea’s Prime Minister, Peter O’Neill, has confirmed the government will restructure the country’s interests in oil, gas and mining resources into two separate mining and petroleum companies. All other state-owned enterprises will be absorbed into a third holding company.
Papua New Guinea economic growth to ease to 5.5%: ADB
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3 Apr 2013 by
Papua New Guinea’s gross domestic product is set to increase by 5.5% in 2013, according to the Asian Development Bank’s latest Pacific Economic Monitor, released last week. This is compared to growth of 9.2% in 2012.
Papua New Guinea Government sets challenge for business
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21 Feb 2013 by Leave a Comment
POMCCI’s Chief Executive David Conn identifies the key messages for the local business community from recent speeches from Peter O’Neill & ANZ’s Mike Smith
Papua New Guinea Business Update archive
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The archive of our Papua New Guinea Business Updates. Business Advantage PNG sends out a business update on Papua New Guinea and the region to over nine thousand subscribers by email. Below is an archive of every issue: just click on the date to read the relevant update. You can subscribe to the email free of […]
Managing risk in Papua New Guinea
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29 Jan 2013 by 1 Comment
The insurance industry in PNG looks forward to consolidation, more growth and regulatory reform in the coming year. Optimism in PNG’s insurance sector is high with companies seeking to expand amid the strong economic growth of PNG. ‘The economy is very healthy,’ says Chris Giddings of Pacific Re, a Port Moresby-based reinsurance firm, and President […]
Lae: Papua New Guinea’s manufacturing hub
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1 Sep 2012 by Leave a Comment
PNG’s second-largest city is the focal point for the nation’s downstream processing industries. Although it plays second fiddle to the national capital Port Moresby, Lae in Morobe Province is PNG’s industrial capital and boasts considerable activity in manufacturing, trading, agribusiness and, more recently, fisheries. Lae: the facts Despite being the second city in a country […]
Big Year for PNG LNG Project
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1 May 2012 by Leave a Comment
Business Advantage speaks to the man responsible for delivering the PNG LNG Project, Peter Graham, managing director of ExxonMobil subsidiary, Esso Highlands. Do you foresee any issues with meeting the posted completion date for the PNG LNG project? What will be the major challenges and milestones over the next 12 months? 2012 is a big […]
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