In spite of the challenges, Papua New Guinea’s second city, Lae, is experienced some significant new investments. Business Advantage PNG sits down with John Byrne, President of the Lae Chamber of Commerce, to discuss the state of play in the country’s “engine room”.
Papua New Guinea’s ‘engine room’ seeing new investment, says Lae Chamber president
Welcome,
18 Jun 2024 by 2 Comments
In brief: Quake damage in LNG and Ok Tedi mining areas, and other business stories
Welcome,
28 Feb 2018 by Leave a Comment
ExxonMobil, Oil Search close LNG production facilites after quake, analysts expect kina to fall ‘over the near-term’, and agreement being finalised to allow Philippines farmers to grow rice in PNG. Your weekly digest of the latest business news.
People moves: ANZ, BSP, Goodman Fielder
Welcome,
22 Feb 2017 by
A new board chairman for ANZ, a new board member for BSP and a new General Manager at Goodman Fielder.
Goodman Fielder taking a long term view in Papua New Guinea, says chief executive Lejeune
Welcome,
11 Jul 2016 by 2 Comments
At a time when many companies in Papua New Guinea are cutting back, Goodman Fielder is looking to ramp up its operations. Jean-Michel Lejeune, General Manager at Goodman Fielder PNG, tells Business Advantage PNG how the PNG subsidiary is looking to expand.
In brief: New air traffic management system, corruption case ‘victory’ and boost for remote areas communications.
Welcome,
2 Apr 2014 by Leave a Comment
A new national air traffic management system, Koim declares victory after jailing of MP on corruption charges and Tekikom and Digicel boost remote services. Your weekly digest of the latest business news.
PNG Manufacturers look to the future
Welcome,
12 Mar 2014 by Leave a Comment
There is no question that Papua New Guinea’s manufacturers-which account for about 9% of the country’s GDP – have been caught up in the general downturn in the country’s economy, with a combination of lower investment in the mining and petroleum sectors, lower commodity prices and a stronger currency slowing growth and reducing domestic demand.
Papua New Guinea manufacturers’ vote of confidence
Welcome,
26 Feb 2014 by Leave a Comment
While Papua New Guinea’s economy has slowed in the past year, many of the country’s manufacturers continue to see growth as the longer-term trend, and are investing in new plant, new products and new marketing approaches.
Papua New Guinea’s manufacturers seek level playing field on cheap imports
Welcome,
4 Feb 2014 by 1 Comment
Cheap imports into Papua New Guinea are posing an increasing threat to local producers, with reports of foreign companies ‘dumping’ goods in PNG or under-declaring the value of imports.
USD 0.2505
AUD 0.4028
GBP 0.1991
EUR 0.2413
NZD 0.4453
JPY 38.9
SGD 0.3413
Recent readers’ comments