People moves: Remington Group, Air Niugini

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New CEO for Remington Group, permanent appointment for Air Niugini’s CEO.

Report from the 2024 Papua New Guinea Investment Conference

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This year’s PNG Investment conference saw top speakers from across the business sector and government come together, including Prime Minister James Marape, Kumul Petroleum Holdings MD Wapu Sonk, Air Niugini CEO Gary Seddon, PNG Ports Corporation CEO Neil Papenfus, Bank of PNG Chairman David Toua, and country head of the IMF Sohrab Rafiq.

Day 2 report from the 2024 Papua New Guinea Investment Conference

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Day 2 of the 2024 Business Advantage PNG Investment Conference featured top speakers from across government and business, including Papua New Guinea’s Prime Minister James Marape, state-owned enterprises such as Air Niugini and PNG Ports and business chamber presidents.

Air Niugini renews relationship with Airbus with fleet overhaul underway

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Air Niugini’s next generation of planes will deliver a raft of benefits, including increased passenger comfort. Roderick Eime profiles the new A220 aircraft that will be introduced into service from 2025.

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

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The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab Tomodachi – capable of welcoming international flights. Business Advantage PNG visits the new facility.

Air Niugini CEOs reveal how Papua New Guinea’s national airline responded to the COVID-19 crisis

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Air Niugini CEOs past and present reflect on the trials and tribulations of Papua New Guinea’s national airline, during the COVID-19 pandemic and how it has prevailed since. Peter Wilmoth reports.

Papua New Guinea faces higher fuel prices as shortages continue

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Fuel buyers in Papua New Guinea have been warned to expect higher prices as the government negotiates with global suppliers to end shortages in the local market related to the winding back of Puma Energy’s operations in the country. Meanwhile, short-term solutions are being put in place.

Conference catches Papua New Guinea of the cusp of a new era of investment

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Investment and partnership opportunities were a focus at this year’s 2023 Business Advantage Papua New Guinea Investment Conference in Brisbane, with numbers exceeding pre-COVID levels.

In brief: Papua New Guinea’s Mid-Year Economic and Fiscal Outlook shows inflation slowing, and other business stories

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Papua New Guinea’s Mid-Year Economic and Fiscal Outlook shows inflation slowing, Airbus wins race to replace Air Niugini fleet, while Securities Commission revokes Melanesian Trustee Services Limited’s trustee license. Your business news in brief.

State of Emergency declared to ‘maintain and stabilise’ Papua New Guinea’s fuel supply

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In direct response to the ongoing disruption of fuel supplies in Papua New Guinea, Petroleum Minister Kerenga Kua has declared an extraordinary 30-day State of Emergency.