International hotel chains are finally arriving en masse in Papua New Guinea. Business Advantage PNG takes a closer look at this noteworthy property trend.
In brief: Papua New Guinea’s banking sector gets ready for more competition and other business stories
Welcome,
15 Feb 2023 by Leave a Comment
Central Bank awards in principle banking licence to Credit Corporation, Japanese delegation visits proposed Special Economic Zone locations in Papua New Guinea, and Newmont’s proposal to combine with Newcrest Mining. Your business news in summary.
Thinking big: looking to the future of Papua New Guinea’s large-scale investments
Welcome,
7 Sep 2022 by Leave a Comment
The growth of Papua New Guinea’s non-resources economy is giving major developers the confidence to invest in projects outside of Port Moresby, an expert panel told the recent Business Advantage Papua New Guinea Investment Conference.
In brief: new billion kina electricity project in Papua New Guinea and other business news
Welcome,
20 Jun 2022 by Leave a Comment
The Asian Development Bank and partners join forces for multimillion electricity project in Papua New Guinea, the Mineral Resource Authority stops field operations temporarily and new plan to help the copra industry against pest. The business news your need today.
In brief: China to support Papua New Guinea’s Ihu Special Economic Zone and other business news
Welcome,
8 Jun 2022 by Leave a Comment
China reaffirms its commitment to supporting the development of the Ihu Special Economic Zone, Vanimo Airport officially reopens, and Ok Tedi Mining to open a museum to highlight its history and legacy. The business news you need this week.
Papua New Guinea’s property developers join forces
Welcome,
27 Apr 2022 by Leave a Comment
Papua New Guinea’s major property developers and investors recently banded together to create the PNG Property Developers Association. Deputy Chairman Rupert Bray explains the reasons behind the move to Business Advantage PNG.
In brief: record profits for Nasfund despite challenging year in Papua New Guinea
Welcome,
30 Mar 2022 by Leave a Comment
Nasfund reports record profits and all-time highs in its annual report, Nambawan Super launches two new products and announces positive results for 2021, and the ICCC revokes its authorisation for PNG Air–Link PNG deal. The business news you need today.
People moves: Fortescue Future Industries, new Climate Envoy, Black Swan, Nambawan Super
Welcome,
2 Feb 2022 by Leave a Comment
Chief Technology Officer joins Fortescue Future Industries, first Envoy for Climate and Environment, Black Swan introduces new General Manager, and Nambawan welcomes two independent directors.
USD 0.2475
AUD 0.3829
GBP 0.1953
EUR 0.2348
NZD 0.4224
JPY 38.74
SGD 0.3326
Recent readers’ comments