Papua New Guinea’s Prime Minister, Peter O’Neill, has confirmed the government will restructure the country’s interests in oil, gas and mining resources into two separate mining and petroleum companies. All other state-owned enterprises will be absorbed into a third holding company.
People moves: executive moves and changes relevant to Papua New Guinea
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13 Feb 2013 by
Air Niugini CEO moves to IPBC Wasantha Kumarasiri has left his post as Chief Executive Officer of national flag carrier Air Niugini to take up the position of Managing Director of the Independent Public Business Corporation. He replaces Thomas Abe in the position. New Australian High Commissioner Deborah Stokes has been named as Australia’s next High Commissioner […]
Will 2013 be the year of broadband in PNG?
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6 Feb 2013 by Leave a Comment
Hopes are high in Papua New Guinea’s telecommunications industry that internet services are finally about to become more accessible and more affordable.
Improving PNG’s business environment
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1 Sep 2012 by Leave a Comment
![Traffic through PNG's ports rose by 46% in 2011 [source: PNG Ports]. Pic: Pacific Islands Trade and Invest](https://i0.wp.com/www.businessadvantagepng.com/wp-content/uploads/2012/09/DAY1-MORESBY098.jpg?fit=300%2C155&ssl=1)
Many of the success stories in this publication have occurred against significant odds. Papua New Guinea’s producers face many challenges in developing their businesses, although things are looking up. As a developing country, Papua New Guinea lacks much of the infrastructure that businesses in developed nations take for granted: ubiquitous and well-maintained roads, reliable power […]
PNG’s infrastructure challenge
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1 May 2012 by Leave a Comment
Papua New Guinea requires significant investment in infrastructure. Deloitte’s Lutz Heim examines the opportunities and challenges in this sector. PNG’s infrastructure needs a substantial and urgent upgrade, in anticipation of increased stress and after a number of years of underinvestment, particularly during the lean years before 2004, and this is recognised by government and business […]
Key investment organisations in Papua New Guinea
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1 May 2011 by Leave a Comment
Two organisations worth knowing about if you’re looking to invest in Papua New Guinea. Investment Promotion Authority (www.ipa.gov.pg) The IPA is the first point of contact for any potential investor considering doing business in PNG. Not only is the IPA responsible for promoting PNG as a business and investment destination, including the facilitation of trade visits, […]
Papua New Guinea’s ICT evolution
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1 May 2011 by Leave a Comment
Information and communications technology (ICT) reform in Papua New Guinea is not only delivering cheaper prices and stronger competition: it is also helping businesses devise a new generation of innovative services. As most companies that do business there will tell you, while it can be very rewarding, Papua New Guinea is a demanding environment in […]
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