In brief: Credit Corp profit down after completion of LNG plant, and other business stories

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1 Jul 2015 by Business Advantage PNG Leave a Comment

Credit Corp profit down, companies begin closing offshore foreign currency accounts, and new air navigation system to be installed across Papua New Guinea. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Australian High Commission, Bank of Papua New Guinea, Credit Corporation, Digicel (Parent company and all subsidiaries), Hilton, Institute of National Affairs, Kina Asset Management Limited, Link PNG, Nautilus Minerals, Parties to the Nauru Agreement, PNG Air, Travel Air

Corporate organisations build on success of remote Papua New Guinea health initiatives

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24 Jun 2015 by Business Advantage PNG Leave a Comment

Travel times to medical centres in remote parts of Papua New Guinea have been cut from three weeks to as little as three hours as a result of health initiatives introduced by Digicel’s PNG Foundation. Business Advantage PNG spoke to Foundation CEO Beatrice Mahuru to find out how this has been achieved.

Filed Under: Features, ICT, Industry sectors, Mining/petroleum, News Tagged With: Digicel (Parent company and all subsidiaries), ExxonMobil PNG, PNG LNG, Total SA

In brief: Papua New Guinea aims to strengthen business relationship with United Kingdom, and other business stories

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17 Jun 2015 by Business Advantage PNG

O’Neill wants PNG to take advantage of global business opportunities, Australia provides additional development funds, and Air Niugini outsources Lihir airport services. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Asian Development Bank (ADB), Australia Papua New Guinea Business Council, Department of Education, Department of Labour and Industrial Relations, Digicel (Parent company and all subsidiaries), InterOil Corporation, Nautilus Minerals, Oil Search Ltd, Palau, Parties to the Nauru Agreement, People’s Micro Bank, PNG LNG, Santos, Secretariat of the Pacific Community, Solomon Airlines, Solwara 1, Tuvalu, Western Highlands Chamber of Commerce and Industry

In brief: mini-budget on the way for Papua New Guinea, and other business stories

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10 Jun 2015 by Business Advantage PNG Leave a Comment

PNG Government likely to prepare mini-budget, Pacific Assurance Group urges Bank of PNG to lift restrictions, and Lihir mine temporarily ceases operations. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Bmobile Vodafone, BSP Financial Group, Digicel (Parent company and all subsidiaries), Fiji National Provident Fund, Kina Petroleum, Kula Gold, Nambawan Super, Nautilus Minerals, New Britain Palm Oil (NBPOL), Newcrest Mining, Oil Search Ltd, Ok Tedi Mining Ltd (OTML), Pacific Assurance Group, Panguna mine, PNG Power, Rio Tinto

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 (Parent company and all subsidiaries), 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

Digicel’s new Papua New Guinea chief sees connectivity and content converging

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22 Apr 2015 by Business Advantage PNG 1 Comment

The new CEO of Digicel PNG believes the company will evolve into a provider of content rather than simply a provider of pipes for consumers. Formerly Pacific Regional CEO, Maurice McCarthy told Business Advantage PNG the first priority is to expand access to Digicel’s networks.

Filed Under: ICT, Interviews, Sections Tagged With: Digicel (Parent company and all subsidiaries), PNG DataCo

People moves: Puma, Digicel, Indochine Mining

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1 Apr 2015 by Business Advantage PNG

Two new board members for Puma Energy, a new CEO for Digicel PNG and Indochine Mining company secretary departs.

Filed Under: News, People moves Tagged With: Digicel (Parent company and all subsidiaries), Indochine Mining, Puma Energy

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 (Parent company and all subsidiaries), 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: 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

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

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 […]