Port Moresby’s new Harbourside South retail precinct sailing well in first year

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Mary Tao explores Harbourside South, the latest retail precinct to open in Port Moresby, where you can get everything from trending fashion to local crafts and freshly made smoothies.

In brief: Government seeking Budget support of US$500 million, and other business stories

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Government seeking Budget support from World Bank, LNG partners seek huge savings by co-operating, Ok Tedi performing well after seven months. Your weekly digest of the latest business news.

In brief: Sir Michael Somare retires after 49 years in politics, and other business stories

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Founding Prime Minister retires, new US Embassy to be built, NRI questions land allocation for petroleum park. Your weekly digest of the latest business news. Papua New Guinea’s longest serving MP and first Prime Minister, Grand Chief Sir Michael Somare, has bowed out of politics after 49 years. The former Prime Minister said at an NBC Press Club interview […]

The song may change but beat goes on for CHM

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Raymond Chin, Managing Director of CHM Group, tells Business Advantage PNG that when he started two businesses, one was a hobby and the other ‘real’. He was in for a surprise.

‘Massive decline’ of Papua New Guinea’s music industry, say key players

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Despite its potential, the Papua New Guinea music industry is doing it tough. Music producers and promoters say it’s been in ‘massive decline’ for the last seven years, and without new laws and government support, that decline will continue.