In Brief: O’Neill urges Papua New Guinea to produce ‘more high-quality exports’, and other business stories

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12 Aug 2015 by Business Advantage PNG Leave a Comment

More high-quality exports needed for PNG, new approaches will assist PNG in meeting energy demand, and Japan’s Pan Pacific expects copper recovery. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: ANZ, China Railway International, Coffee Industry Corporation (CIC), Department of Petroleum and Energy, Kumul Petroleum, LNG, National Development Bank, Ok Tedi Mining Ltd (OTML), Total SA, Trukai Industries

People moves: Newcrest Mining, Coffee Industry Corporation, new Fiji High Commissioner

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10 Jun 2015 by Business Advantage PNG Leave a Comment

Senior changes at Newcrest Mining, a new acting CEO at the Coffee Industry Corporation and a new Fiji High Commissioner to Papua New Guinea.

Filed Under: News, People moves Tagged With: Coffee Industry Corporation (CIC), Fiji Government, Newcrest 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: Treasurer Pruaitch calls for tighter regulations to prevent Kina falling, and other business stories

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1 Apr 2015 by Business Advantage PNG Leave a Comment

Companies and dealers ‘adversely affected’ foreign exchange availability in Papua New Guinea, Bougainville Government considers large-scale mining, and Asian Development Bank commits K1.7 billion to PNG. Your weekly digest of the latest business news.

Filed Under: News Tagged With: Asian Development Bank (ADB), Autonomous Bougainville Government (ABG), Bank of Papua New Guinea, Coffee Industry Corporation (CIC), Department of Mineral Policy, ExxonMobil PNG, Independent Consumer and Competition Commission, Kina Petroleum, New Britain Palm Oil (NBPOL), PanAust, Parties to the Nauru Agreement, PNG Power, Santos, Secretariat of the Pacific Community

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

In brief: Newcrest output at Lihir ‘below expectations’ despite improvement, and other business stories

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4 Feb 2015 by Business Advantage PNG Leave a Comment

Production issues hit Newcrest, Digicel launches cloud-based product, and Mitsui delivers PNG LNG carrier. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, Coffee Industry Corporation (CIC), Department of Education, Digicel (Parent company and all subsidiaries), European Union, Fiji, Mitsui, National Airports Corporation, National Research Institute, Nautilus Minerals, Newcrest Mining, Oil Search Ltd, PanAust, PNG Customs Services, PNG LNG, St Barbara Ltd, Standard & Poor’s (S&P), Trukai Industries, Westpac

In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories

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28 Jan 2015 by Business Advantage PNG Leave a Comment

Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.

Filed Under: Banking and finance, Business services, Fisheries, Hospitality & tourism, In brief, Latest news, Manufacturing, Mining/petroleum, News Tagged With: Bima, BSP Financial Group, Coffee Industry Corporation (CIC), Digicel (Parent company and all subsidiaries), ExxonMobil PNG, Fiji Sugar Corporation, InterOil Corporation, Kokonas Indastri Koporesen, Nambawan Seafoods, Niuminco Group, O3b networks, Oil Search Ltd, Pacific Games, Philippine Airlines, Port Moresby Chamber of Commerce and Industry, Puma Energy, Santos, Total SA, World Bank

In brief: PNG LNG project plans investment decision on third train in 2017, and other business stories

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21 Jan 2015 by Business Advantage PNG

PNG Government signs agreement with PNG LNG project partners, UN expects significant economic growth in PNG, and National Petroleum Company to revise annual plan following oil crash. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Coffee Industry Corporation (CIC), Credit Suisse Group, ExxonMobil PNG, Horizon Oil, Institute of National Affairs, Kumul Petroleum, Nambawan Super, NASFUND, Oil Search Ltd, Ok Tedi Development Foundation, PanAust, PNG LNG, PNG Petroleum, Santos

In brief: the first stage of Lae’s port upgrade is completed, and other business stories

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14 Jan 2015 by Business Advantage PNG

Lae port upgrade reaches milestone, Respol acquires Talisman Energy, and PNG forecast for significant economic growth. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Anglo American, Coffee Industry Corporation (CIC), Crater Gold Mining, Department of National Planning and Monitoring, Harmony Gold, Highlands Pacific, Institute of Banking and Business Management, InterOil Corporation, Kumul Petroleum, Lae port, Newcrest Mining, Ok Tedi Development Foundation, Papua New Guinea Chamber of Resources and Energy (PNG CORE), Philippine Airlines, PNG Gas, PNG LNG, Respol, Santos, Talisman Energy, tuna

In brief: Share restructuring and recapitalisation at Airlines PNG, and other business stories

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15 Oct 2014 by Business Advantage PNG Leave a Comment

Share buyback and recapitalisation at Airlines PNG, lucrative tuna deal signed with United States, and Digicel in talks over buying shares in EMTV. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Air Niugini, BSP Financial Group, Coffee Industry Corporation (CIC), Crater Gold Mining, Department of Agriculture and Livestock, Mineral Resources Development Company (MRDC), NASFUND, National Research Institute, PNG Air

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 […]