The recent visit by Indonesian President Joko Widodo to Papua New Guinea is a sign of increased interest in boosting the trade relationship with PNG’s closest neighbour. Business Advantage PNG examines the business case.
Increased trade between Papua New Guinea and Indonesia set to be a focus
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25 Jul 2023 by Leave a Comment
Massive fleet upgrade to transform Papua New Guinea’s Air Niugini
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13 Jul 2023 by 8 Comments
Air Niugini’s ambitious 15-year fleet plan will improve efficiency, reliability and allow new international routes to be added.
In brief: reforms to grow PNGX announced and other business stories
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5 Jul 2023 by Leave a Comment
Reforms to Papua New Guinea’s capital markets, Securities Commission of PNG to investigate the potential sale of minority stake in Trukai Industries, and Newmont and Newcrest told of government’s expectations. Your news in brief.
In brief: Mining lease transferred to New Porgera and other business stories
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27 Apr 2023 by Leave a Comment
Barrick Niugini and Kumul Mineral Holdings transfer Porgera special mining lease to New Porgera, Nadzab Airport expected to be completed by August and Geopacific Resources completes capital raising. Your business news in brief.
People moves: KMPG, Air Niugini, Queensland Government
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28 Mar 2023 by Leave a Comment
KPMG announces changes in leadership roles, Air Niugini has a new Acting GM and inaugural Trade Commissioner for the Pacific appointed.
In brief: Papua New Guinea’s Ramu 2 project on track and other business stories
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27 Mar 2023 by Leave a Comment
The Ramu 2 hydro power station looks to be on track, Mining Minister says there is interest again in Solwara 1 deep sea mining project and the IMF makes sizeable contribution to Papua New Guinea’s economy. Your business news today. Government The International Monetary Fund (IMF) has agreed to provide a 38-month US$918 million (K3.23 […]
In brief: Central Bank pledges to increase monthly forex release to the market
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28 Feb 2023 by Leave a Comment
The Bank of Papua New Guinea to increase monthly forex release by US$40 million, Kumul Petroleum Holdings to supply energy to Special Economic Zones, and key PNG corporates post encouraging 2022 results. Your business news in brief.
In brief: Wafi-Golpu agreement to contain risk funding provisions and other business stories
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27 Sep 2022 by Leave a Comment
Morobe Governor says Wafi-Golpu agreement will contain risk funding provisions, internet cable breakages set to take months to fix, and superannuation fund puts pressure on government over rent arrears. The business news you need today.
In brief: Papua New Guinea to explore free trade agreement with China and other business stories
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12 Sep 2022 by Leave a Comment
Free trade agreement with China to be explored, Papua New Guinea’s Immigration and Citizenship Authority reactivates instant visas, and Port Moresby to get new tower development. The business news today.
Five questions for Paul Abbot, GM Commercial at Air Niugini
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12 Sep 2022 by 2 Comments
Paul Abbot has had a long career in Papua New Guinea’s aviation industry and recently joined national carrier Air Niugini as General Manager Commercial. He talks to Business Advantage PNG about his new role and the current state of the sector.
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