In brief: US power and construction company eyes Papua New Guinea as next location, and other business news

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8 Jul 2015 by Business Advantage PNG Leave a Comment

Pernix Group looks to expand into Papua New Guinea, European Investment Bank invited into PNG and Finance Minister says LNG is not ‘a waterfall’ of money.

Filed Under: In brief, News Tagged With: Barrick Gold, Deloitte, European Investment Bank, ExxonMobil PNG, Pacific Marine Industrial Zone, PNG Cocoa Coconut Institute, PNG Power, St Barbara Ltd, Standard & Poor’s (S&P), Zijin Mining

In brief: Business endorses new Papua New Guinea police chief, and other business stories

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3 Jun 2015 by Business Advantage PNG Leave a Comment

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.

Filed Under: In brief, Latest news, News Tagged With: Autonomous Bougainville Government (ABG), Barrick Gold, Fiji, Guangdong Rising Asset Management, Hawkins Group, Highlands Pacific, Kula Gold, National Development Bank, New Britain Palm Oil (NBPOL), Oil Search Ltd, Port Moresby Chamber of Commerce and Industry, Sime Darby, Standard & Poor’s (S&P), Total SA, World Bank

In brief: Treasury to review 2015 Papua New Guinea Budget, and other business stories

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27 May 2015 by Business Advantage PNG Leave a Comment

Falling commodity prices and rating outlook drop prompts Budget review, O’Neill supports Madang marine zone and new police chief to boost numbers in Port Moresby. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Asia Pacific Coconut Community, Autonomous Bougainville Government (ABG), Bank of Papua New Guinea, Barrick Gold, Bima, BSP Financial Group, Credit Corporation, Department of Treasury, Guangdong Rising Asset Management, Hawkins Group, Melanesian Tourist Services, Moody's, Newcrest Mining, Pacific Financial Inclusion Programme, Pacific Marine Industrial Zone, PanAust, Solomon Islands, Tropicair, Trukai Industries, Zijin Mining

In brief: relocation of Port Moresby Port to Motukea Island site backed by review, and other business stories

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8 Apr 2015 by Business Advantage PNG

Motukea Island a ‘suitable site’ for Port relocation, majority of Papua New Guinea SMEs in retail, and PNG first Pacific nation to join alliance. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: ANZ, Asia Pacific Economic Cooperation (APEC), Barrick Gold, Bougainville Copper Ltd, Coffee Industry Corporation (CIC), Department Trade Commerce and Industry, Golder Associates, Kokonas Indastri Koporesen, Mineral Resources Authority, Motukea Island, National Research Institute, Nautilus Minerals, Newcrest Mining, Oil Search Ltd, PanAust, PNG Power, SP Brewery, Steamships

In brief: Low inflows of foreign currency affecting Papua New Guinea businesses, and other business stories

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25 Mar 2015 by Business Advantage PNG Leave a Comment

PNG Bank governor says shortage of forex affecting businesses, interest rates comparatively ‘very high’, and ANZ identifies small inflation rise. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: ANZ, Barrick Gold, Deloitte, Foyson Resources, InterOil Corporation, Kina Petroleum, Kumul Consolidated Holdings, NASFUND, palm oil, Parties to the Nauru Agreement, PNG Power, Porgera Landowners Association

In brief: Moves to reduce internet charges and other business stories

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18 Mar 2015 by Business Advantage PNG 1 Comment

New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.

Filed Under: Fisheries, In brief, News Tagged With: Australia Papua New Guinea Business Council, Barrick Gold, Crater Gold Mining, Credit Corporation, Gold Ridge gold mine, Harmony Gold, Hawkins Group, K92 Mining, National Capital District, National Executive Council, National Fisheries Authority (NFA), National Information and Communications Technology Authority (NICTA), Newcrest Mining, Pacific Assurance Group, Parties to the Nauru Agreement, PNG DataCo, PNG Ports Corporation, PNG Rubber Board, Post PNG, Small and Medium Enterprise Corporation (SME Corp), Stanley gas project

In brief: promise to complete key highway within 30 months and other business stories

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12 Mar 2015 by Business Advantage PNG

PM promises to upgrade Gulf-Southern Highlands Highway, a ban on foreigners buying land, and a possible chocolate factory for East Sepik. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Air Niugini, Barrick Gold, BSP Financial Group, Business Coalition for Women, Gulf Province, Independent Consumer and Competition Commission, K92 Mining, Marengo Mining, Nambawan Super, Oil Search Ltd, Origin Energy, Petromin Holdings, Santos, Standard & Poor’s (S&P)

In brief: Oil Search adapts to changing market conditions, and other business stories

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25 Feb 2015 by Business Advantage PNG Leave a Comment

LNG focus for Oil Search, ANZ warns on debt risk, and Barrick plans to offload Porgera mine. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Anitua, ANZ, Autonomous Bougainville Government (ABG), Barrick Gold, Department Trade Commerce and Industry, Digicel (Parent company and all subsidiaries), Fiji Airways, Highlands Pacific, Indigenous Business Council of Papua New Guinea, Nautilus Minerals, Oil Search Ltd, PNG LNG, Port Moresby Chamber of Commerce and Industry, Santos, St Barbara Ltd, World Bank

Five things we took home from the Papua New Guinea Mining and Petroleum Investment Conference

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3 Dec 2014 by Business Advantage PNG Leave a Comment

In spite of the recent worldwide slump in commodity prices, numbers were strong at this week’s 13th Papua New Guinea Mining and Petroleum Investment Conference in Sydney. Business Advantage PNG examines why.

Filed Under: Features, Latest news, Mining/petroleum, News Tagged With: Barrick Gold, ExxonMobil PNG, Harmony Gold, Newcrest Mining, Ok Tedi Mining Ltd (OTML), Talisman Energy, Total SA

In brief: Crater Gold wins mining licence, and other business stories

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12 Nov 2014 by Business Advantage PNG

Government go ahead for Crater Mountain gold mining, Bank of South Pacific profits rise 16%, study to upgrade Ramu Highway signed. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Autonomous Bougainville Government (ABG), Barrick Gold, BSP Financial Group, Crater Gold Mining, Institute of National Affairs, Kina Asset Management Limited, Nautilus Minerals, PNG Power

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

Report from the 2024 Papua New Guinea Investment Conference

This week's 2024 Business Advantage PNG Investment conference saw top speakers from across the business sector and government come … [Read More...]

Australia’s new Pacific Engagement Visa an ‘opportunity’ for PNG businesses

Australia launched its inaugural Pacific Engagement Visa ballot on 3 June, with Papua New Guinea receiving the largest allocation. … [Read More...]

Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]
Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]