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: Papua New Guinea’s rating outlook falls to negative with Moody’s downgrade, and other business stories

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20 May 2015 by Business Advantage PNG

Moody’s lowers Papua New Guinea rating outlook, Australians banned from Bougainville, and PNG to commence free trade talks with China. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Australia Papua New Guinea Business Council, BHP Billiton, Bmobile Vodafone, BSP Financial Group, Department Trade Commerce and Industry, InterOil Corporation, Manufacturers Council of PNG, Moody's, National Food and Sanitation Council, PNG Energy, PNG LNG, Santos, Special Agricultural Business Leases

In brief: Salini-Impregilo to develop Papua New Guinea’s biggest hydro project, and other business stories

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29 Apr 2015 by Business Advantage PNG

Italian firm to construct giant Chimbo hydro dam, SOEs’ assets valued at K20 billion, and development concept for Elk-Antelope expected by mid-year. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Air Niugini, Asian Development Bank (ADB), BSP Financial Group, China Shenyang International Economics and Technical Cooperation Corporation, Digicel, ExxonMobil PNG, Guangdong Rising Asset Management, Hilton, Newcrest Mining, Pacific Marine Industrial Zone, PanAust, Papua LNG, PNG LNG, PNG Power, Salini-Impregilo, Solomon Islands, Telikom PNG, Trukai Industries

Economic update: Papua New Guinea changes gear

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28 Apr 2015 by Andrew Wilkins 7 Comments

Papua New Guinea’s economy is now emerging from a period of hiatus following the completion of its massive liquefied gas project. Andrew Wilkins talks exclusively to some of PNG’s top executives to find out their views on the economy.

Filed Under: Economy/Investment, Features Tagged With: ANZ, Asian Development Bank (ADB), Australia Papua New Guinea Business Council, Bank of Papua New Guinea, BSP Financial Group, CPL Group, Institute of National Affairs, S P Brewery, Westpac

In brief: National Petroleum Company prepares to raise investment billions, and other business stories

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15 Apr 2015 by Business Advantage PNG Leave a Comment

National Petroleum Company to appoint a specialist debt-raising adviser for new oil and gas projects, Treasury says public debt above 35% limit and anti-corruption hotline more successful than expected. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Bougainville Copper Ltd, BSP Financial Group, Department of Agriculture and Livestock, Department of Finance, Department of Treasury, Gold Ridge gold mine, Innovative Agro Industry, Kumul Petroleum, National Fisheries Authority (NFA), Panguna mine, Parties to the Nauru Agreement, PNG Ports Corporation, Puma Energy, Rio Tinto, Societé Le Nickel, Tolukuma Gold Mine

What makes brands work in Papua New Guinea?

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25 Mar 2015 by Andrew Wilkins Leave a Comment

A recent online survey to identify Papua New Guinea’s most recognisable brands suggests that traditional marketing techniques still hold sway in PNG. But for how much longer?

Filed Under: Features, Opinion/analysis, Sections Tagged With: Air Niugini, Brian Bell Group, BSP Financial Group, CPL Group, NGIP Agmark, Ramu Sugar, S P Brewery, Telikom PNG, Trukai Industries

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: Total to lead Elk-Antelope gas development, and other business stories

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4 Mar 2015 by Business Advantage PNG

Joint venture elects Total as operator, PNG DataCo discusses Solomon Islands link, and WCB Resources lifts stake in gold project. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Click TV, Digicel, ExxonMobil PNG, Grand Papua Hotel, Highlands Highway, Horizon Oil, Indochine Mining, InterOil Corporation, Lowy Institute, New Britain Palm Oil (NBPOL), Oil Search Ltd, Parties to the Nauru Agreement, PNG DataCo, PNG Forest Authority, Simberi gold mine, St Barbara Ltd, Stanley gas project, Steamships, Total SA, WCB Resources

In brief: Air Niugini expands services with Melanesian partnership, and other business stories

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18 Feb 2015 by Business Advantage PNG

Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Anglo American, BSP Financial Group, Cott Oil and Gas, Cue Energy Resources, European Union, ExxonMobil PNG, Highlands Pacific, InterOil Corporation, National Fisheries Authority (NFA), Nautilus Minerals, New Britain Palm Oil (NBPOL), Newcrest Mining, Ok Tedi Mining Ltd (OTML), Port Moresby Chamber of Commerce and Industry, Santos, Sime Darby, Sovereign Wealth Fund, Steamships, Trukai Industries, Westpac

In brief: PNG LNG project reaches ‘financial completion’, and other business stories

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11 Feb 2015 by Business Advantage PNG Leave a Comment

PNG LNG project satisfies financial agreements, PNG Ports profits double, and Indochine Mining raises funds. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Anglo American, BSP Financial Group, Coffee Industry Corporation (CIC), Coppermoly Ltd, ExxonMobil PNG, Highlands Pacific, Indochine Mining, Kula Gold, Mineral Resources Authority, New Britain Palm Oil (NBPOL), PNG LNG, PNG Ports Corporation, Sime Darby, Standard & Poor’s (S&P), Talisman Energy

Economic update: Papua New Guinea’s decade of growth begins

As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our … [Read More...]

Restaurant review: Lucky Lucky, Port Moresby

Port Moresby’s flourishing dining scene now features a Thai restaurant – and it’s a good ’un. Lucky Lucky launched in late … [Read More...]

Papua New Guinea’s banks embrace a digital future

Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, … [Read More...]

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

The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab … [Read More...]

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 […]
Futurist Chris Riddell announced as keynote speaker for 2024 PNG Investment Conference
We are delighted to announce that futurist Chris Riddell, former Chief Digital Officer at Mars, will be providing the keynote address on Day 1 of the 2024 Papua New Guinea Investment Conference (12 & 13 August in Brisbane). Chris is a recognised trend spotter, frequent media commentator, and digital expert with unparalleled insights into emerging […]