In brief: Foreign currency issues continue to cause problems, and other business stories

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7 Mar 2017 by Business Advantage PNG Leave a Comment

Foreign currency issues continue to cause problems, profit announcements for Nambawan Super and Bank South Pacific and InterOil acquisition finalised. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: BSP Financial Group, ExxonMobil, Hawkins Group, InterOil Corporation, Kumul telikom, Maersk Line, Nambawan Super, Oil Search Ltd, Ok Tedi Development Foundation, Sime Darby, Stoneworks Specialist International, Trukai Industries

PNG Ports accelerates Lae Industrial Park build, as Stage 2 of port commences

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10 Feb 2016 by Business Advantage PNG Leave a Comment

Work on Lae’s Huon Industrial Park has been accelerated while stage two of the Lae Port development is on track to start by mid-2016, says Stanley Alphonse, the CEO of PNG Ports Corporation.

Filed Under: Infrastructure, Latest news, News Tagged With: China Harbour Engineering Company Ltd, China State Construction, Hawkins Group, Huon Industrial Park, Lae Tidal Basin Project, PNG Ports Corporation

What we learned in Papua New Guinea: Hawkins Group CEO

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30 Sep 2015 by Business Advantage PNG Leave a Comment

The completion of the Kulum Flyover project proved that Papua New Guinea was capable of delivering significant road infrastructure developments at an international standard under tight time constraints. Lead contractor, New Zealand’s Hawkins Group, executed a project that provided a number of lessons for infrastructure developments in the future.

Filed Under: Building and construction, Features, Industry sectors, Infrastructure, Sections Tagged With: Hawkins Group

Outsourcing of road design and construction paying off, says Papua New Guinea’s roads chief

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21 Sep 2015 by Business Advantage PNG 5 Comments

Major road works in Papua New Guinea are now outsourced to the private sector, under a design-and-build model. The result, says the Secretary of the Works Department David Wereh, is improved performance.

Filed Under: Features, Infrastructure, News, Sections Tagged With: Asian Development Bank (ADB), Australian Government, Department of Works, Hawkins Group, Shamrock Engineering, World Bank

In brief: Business endorses new Papua New Guinea police chief, and other business stories

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3 Jun 2015 by Business Advantage PNG Leave a Comment

Business endorses new Police Commissioner, Kumul Flyover opens, and Oil Search chief says low prices are here to stay. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Autonomous Bougainville Government (ABG), Barrick Gold, Fiji, Guangdong Rising Asset Management, Hawkins Group, Highlands Pacific, Kula Gold, National Development Bank, New Britain Palm Oil (NBPOL), Oil Search Ltd, Port Moresby Chamber of Commerce and Industry, Sime Darby, Standard & Poor’s (S&P), Total SA, World Bank

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: Moves to reduce internet charges and other business stories

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18 Mar 2015 by Business Advantage PNG 1 Comment

New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.

Filed Under: Fisheries, In brief, News Tagged With: Australia Papua New Guinea Business Council, Barrick Gold, Crater Gold Mining, Credit Corporation, Gold Ridge gold mine, Harmony Gold, Hawkins Group, K92 Mining, National Capital District, National Executive Council, National Fisheries Authority (NFA), National Information and Communications Technology Authority (NICTA), Newcrest Mining, Pacific Assurance Group, Parties to the Nauru Agreement, PNG DataCo, PNG Ports Corporation, PNG Rubber Board, Post PNG, Small and Medium Enterprise Corporation (SME Corp), Stanley gas project

People moves: International Finance Corporation, Independent Public Business Corporation

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21 Jan 2015 by Business Advantage PNG

IFC’s PNG Country Coordinator moves on, new Business & Community Manager at IPBC

Filed Under: Latest news, News, People moves Tagged With: Hawkins Group, International Finance Corporation (IFC), Kumul Consolidated Holdings, Monier

The long journey to fix Papua New Guinea’s roads

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20 Mar 2014 by Business Advantage PNG Leave a Comment

Hundreds of millions of dollars is being spent in Papua New Guinea on road repairs and new roads, from Port Moresby to the Highlands and coastal provinces. Business Advantage PNG surveys what the country will get for its money, and considers what is still needed.

Filed Under: Industry sectors, Infrastructure, Latest news, News, Sections Tagged With: Asian Development Bank (ADB), China Railway International, Hawkins Group, Institute of National Affairs, Lae Chamber of Commerce

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 […]