DuluxGroup’s PNG headquarters are in Lae, where it has manufactured paint and chemicals for over 40 years. It employs about 100 people between Lae and Port Moresby, and has trade depots in Kimbe, Kokopo and Madang. Today, its activities involve the production of surface coating, preparation and chemical products and related services. It supplies industrial […]
Search Results for: Papua LNG
Profile: AkzoNobel
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1 Sep 2012 by Leave a Comment
If you have spent much time in Papua New Guinea you may not necessarily have heard of AkzoNobel, but you’ll almost certainly be familiar with its Taubmans and International brands of paint. In fact, AkzoNobel is the world’s largest paints and coatings company and employs more than 55,000 people worldwide. AkzoNobel entered the PNG market […]
Managing the boom
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3 Jun 2012 by Leave a Comment
Halfway through the building of its major liquefied natural gas project, Papua New Guinea finds itself in a strong fiscal position, but with some key challenges. After ten straight years of economic growth, culminating in an impressive 8.9% increase in GDP in 2011 (compared to a world average of 4%), Papua New Guinea’s economy is […]
The PNG 100 CEO Survey 2012
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1 May 2012 by Leave a Comment
Senior executives of Papua New Guinea’s largest businesses are predicting increased profits, investment and employment in 2012 in spite of major challenges, according to a major new survey. The PNG 100 CEO Survey, conducted by Business Advantage International between December 2011 and February 2012, asked the CEOs of PNG’s major companies across all sectors of the economy to answer […]
PNG: overcoming the challenges
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1 May 2012 by Leave a Comment
As Business Advantage’s PNG 100 CEO Survey reveals, leading companies are performing exceptionally in spite of facing an array of severe impediments. We take a closer look at some of the daily challenges faced by companies doing business in Papua New Guinea and find out how they are overcoming them. At the beginning of 2011, […]
PNG’s infrastructure challenge
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1 May 2012 by Leave a Comment
Papua New Guinea requires significant investment in infrastructure. Deloitte’s Lutz Heim examines the opportunities and challenges in this sector. PNG’s infrastructure needs a substantial and urgent upgrade, in anticipation of increased stress and after a number of years of underinvestment, particularly during the lean years before 2004, and this is recognised by government and business […]
Landowner Companies Aiming High
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1 May 2012 by 1 Comment
Papua New Guinea’s landowner companies have been around for a while, but the current resources boom—particularly the PNG LNG Project—has significantly increased their opportunities. Perhaps the best-known landowner business is NCS, owned by landowners on Lihir Island (home to the Lihir gold mine). NCS has established a profitable core business of catering and mining camp […]
Profiles: Laba Holdings and Hides Gas Development Company
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1 May 2012 by 5 Comments
The PNG LNG Project has led to the creation of new landowner companies. During the construction phase the Hides Gas Development Company (HGDC) (upstream in the Southern Highlands), and Laba Holdings (downstream in the area around the processing plant close to Port Moresby), have exclusive rights to carry out certain key activities such as labour hire, […]
Boost for service providers
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1 May 2012 by Leave a Comment
Growth in the resources sector in Papua New Guinea is driving parallel growth in the businesses that provide mining operations with the services they need to function. LCR Group has been operating in PNG since 2009, providing crane services for engineering group Clough on the gas processors and docks that will service the PNG LNG […]
Reaching out to the unbanked
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1 May 2012 by Leave a Comment
Papua New Guinea’s strong financial services sector is becoming ever more sophisticated in servicing both the mass-market and premium ends of the market. ‘PNG continues to have a very, very strong banking sector. We are very lucky here to have the banks that we do. Investors want that, and they often don’t expect that there’s […]
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