Eleven years after the Papua New Guinea government’s National Executive Council approved the scheme, the Pacific Marine Industrial Zone (PMIZ) in Madang Province has finally been launched, with local business leaders saying it will reduce freight costs, speed up transport and reduce congestion at Lae’s wharves.
Papua New Guinea’s long-awaited Pacific Marine Industrial Zone launched
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25 Nov 2015 by 2 Comments
People moves: Kumul Consolidated Holdings (IPBC), Santos, Harmony Gold
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11 Nov 2015 by Leave a Comment
Heim leaves Deloitte for Kumul Consolidated Holdings, a new Managing Director for Santos in 2016, and Harmony Gold appoints new CEO.
In brief: Santos rejects takeover bid as ‘opportunistic’, and other business stories
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28 Oct 2015 by Leave a Comment
Wealthy royal families’ bid for Santos rejected, the high cost of domestic violence to business, and poor economic news prompts fall in business confidence. Your weekly digest of the latest business news.
People moves: Santos, Konebada Petroleum Park Authority, Bank South Pacific, Lynmark Recruitment
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27 Aug 2015 by
Santos CEO to step down, the board of Konebada Petroleum Park Authority announced and a new Country Manager for BSP in Solomon Islands, and a former Digicel executive starts a new recruitment company
In brief: India expresses interest in buying Papua New Guinea LNG, and other business news
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27 Aug 2015 by
O’Neill says India keen to buy PNG gas, industry divided over vegetable import ban, and Konebada Petroleum Park Authority signs feasibility study deal. Your weekly digest of the latest business news.
Kumul restructure to be complete by start of 2016: Prime Minister O’Neill
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19 Aug 2015 by Leave a Comment
Following the passage of enabling legislation in the last sitting of Papua New Guinea’s National Parliament, the long-awaiting restructure of state assets and enterprises under the Kumul name is set begin, with Prime Minister O’Neill setting a target of 1 January 2016 for the transfer of state assets to their new homes.
People moves: Independent Consumer and Competition Commission, Independent Public Business Corporation
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12 Aug 2015 by Leave a Comment
A new CEO at the Independent Consumer and Competition Commission, and a new General Manager—Projects, at the IPBC.
Two milestones on the way to improved electricity in Papua New Guinea due this month
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5 Aug 2015 by 3 Comments
Two new milestones on the way to boosting electricity access to 70 per cent of Papua New Guineans households are due this month. Business Advantage PNG speaks with Roberto Aiello, Senior Energy Specialist with the World Bank, which is supporting the PNG government with its energy development plans.
People moves: Independent Public Business Corporation, PNG Power, Newcrest Mining, Virgin Australia
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29 Apr 2015 by Leave a Comment
A new Managing Director at the IPBC, a new Executive Director at PNG Power, Newcrest Mining appoints a Chief Development Officer and a new chair for Virgin Australia.
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