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
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18 Jun 2024 by 2 Comments
In brief: Construction phase of Panguna mine to cost US$4-6 billion, and other business stories
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3 Oct 2017 by 1 Comment
Bougainville Copper Ltd says Panguna mine could be operational by 2025-26, Foreign exchange injection this week, and Tolukuma gold mine may restart by year’s end. Your weekly digest of the latest business news.
In brief: Highlands Highway upgrade funding details still to be worked out, and other business stories
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24 Jan 2017 by Leave a Comment
Prime Minister says funding details of Highlands Highway upgrade yet to be finalised, parliament considering outlawing roadblocks, and Telikom replaces CDMA network. Your weekly digest of the latest business news.
PNG Manufacturers look to the future
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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
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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.
PNG’s manufacturers: adding value, adding skills
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1 Sep 2012 by Leave a Comment
Despite being overshadowed by the natural resources sector, manufacturing adds tremendous value to the Papua New Guinea economy, as Rod Myer discovers. With PNG experiencing economic growth of above five per cent in recent years and manufacturing employing up to 25% of the nation’s formal workforce, the country’s factories are perhaps the unsung heroes of […]
Sector profile: Manufacturing
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1 Sep 2012 by 1 Comment
The range of products manufactured in Papua New Guinea is growing all the time. The range of goods made in PNG is quite impressive. Much of PNG’s manufactured produce is aimed at a domestic consumer market that is growing so rapidly—albeit from a low base—that many local manufacturers are struggling to meet demand. Many producers […]
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 […]
Manufacturing: Made in PNG
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1 May 2012 by 4 Comments
Papua New Guinea isn’t just a producer of mineral and agricultural commodities. As its economy grows, so does a substantial manufacturing sector. Many PNG manufacturers are undergoing strong growth and expansion. South Pacific Brewery opened its new K8.6 million (US$4.1 million) raw material warehouse in Port Moresby in September 2011, the latest step in a […]
The changing face of investment in Papua New Guinea
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1 May 2011 by Leave a Comment
With PNG expected to grow faster than China in 2011, Business Advantage examines just who is investing in PNG and in what sectors, and asks where the best opportunities lie in the future. ‘We’re at the start of a very long term growth period—the outlook long-term is extraordinary,’ says Rod Mitchell, the joint-CEO of PNG […]
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