People moves: Oil Search, PNG Ports, PNG Forest Authority, French Minister for Overseas Territories

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23 May 2017 by Business Advantage PNG Leave a Comment

Oil Search Directors re-elected, Managing Director at PNG Ports, confirmation of Managing Director of the PNG Forest Authority, new French Overseas Territories Minister

Filed Under: News, People moves Tagged With: Business Advantage International, Oil Search Ltd, PNG Forest Authority, PNG Ports Corporation

In brief: Chinese companies win bid to build Ramu 2 power project, and other business stories

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5 Apr 2017 by Business Advantage PNG Leave a Comment

Two Chinese companies to build Ramu 2 power project, 95 per cent of logs sent to China, and Lae business leaders welcome ADB loan for key roads. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Credit Corporation, Lae Chamber of Commerce, National Fisheries Authority (NFA), PNG Energy, PNG Forest Authority, PNG Ports Corporation, PNG Tourism Promotion Authority, Prime PNG Design, Ramu NiCo, Steamships, Total

In brief: BSP considers ASX listing, and other business stories

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14 Mar 2017 by Business Advantage PNG Leave a Comment

Bank South Pacific explores secondary listing on Australian Exchange, Highlands Pacific considers selling stake in Frieda River project and strategy to counter coffee berry borer due this week. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: British American Tobacco PNG, BSP Financial Group, CitiNet Internet Café, Highlands Pacific, Indonesia, Jack's of PNG, NASFUND, PNG Ports Corporation, Porgera, SABLs

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

In brief: New Public Enterprises Minister to review state-owned enterprises prior to privatisation, and other business stories

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3 Feb 2016 by Business Advantage PNG

Duma to review SOEs before privatisation process, Santos reported to be selling PNG LNG stake, KCH receives study on proposed 1800MW hydro dam. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Bmobile Vodafone, Crater Gold Mining, Eda Ranu, Edai Town, Highlands Pacific, Japanese International Cooperation Agency, Kumul Consolidated Holdings, Motor Vehicle Insurance Ltd (MVIL), National Development Bank, Newcrest Mining, PNG DataCo, PNG Ports Corporation, PNG Power, Post PNG, Telikom PNG, Water PNG

In brief: BSP to finance PNG Ports’ new facilities at Motukea Island, and other business stories

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2 Dec 2015 by Business Advantage PNG Leave a Comment

PNG Ports secures ‘landmark transaction’ with BSP for Motukea Island facilities, impact of kina’s exchange rate over-valuation analysed, and Harmony Gold confirms Kili Teke copper-gold discovery. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: ANZ, BSP Financial Group, Crater Gold Mining, ExxonMobil PNG, Harmony Gold, Kumul Petroleum, National Development Bank, National Fisheries Authority (NFA), Nautilus Minerals, Pacific Asia Travel Association, PNG Ports Corporation, rice, Trukai Industries

In brief: Hope that SABLs leases will be return to landowners soon, and other business stories

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7 Oct 2015 by Business Advantage PNG Leave a Comment

Chief Secretary indicates SABL leases will be returned soon, and Woodside CEO says Oil Search bid his ‘full price’. Your weekly digest of the latest business news.

Filed Under: In brief, News Tagged With: Anglo American, Bank of Papua New Guinea, Covec (PNG), Curtain Bros, Fiji, Highlands Pacific, Kina Group, Marengo Mining, Mineral Resources Authority, National Fisheries Authority (NFA), Pacific Islands Trade and Invest, PNG Ports Corporation, Woodside Petroleum, World Bank

Construction of Phase Two of Lae port redevelopment to start in 2016

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16 Sep 2015 by Business Advantage PNG Leave a Comment

A decision on who will build a second K300 million berth at the Port of Lae is expected by the end of 2015 and construction due to commence in 2016, according to PNG Ports’ Chief Executive Officer, Stanley Alphonse. A new industrial park and an international operator for the port is also on the cards.

Filed Under: Building and construction, Features, Infrastructure, Latest news, News, Sections Tagged With: Huon Industrial Park, Motukea Island, PNG Ports Corporation

In brief: PNG Ports seeks interest for design and construction of Motukea Island wharf, and other business stories

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22 Apr 2015 by Business Advantage PNG 1 Comment

Motukea Island Port project expressions of interest called for, PM dismisses ‘secret deals’ with Rio Tinto, and Star Mountains project JV launches exploration campaign. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Anglo American, Bishops, Enerpac, Fiji, Highlands Pacific, Kumul Consolidated Holdings, NASFUND, National Fisheries Authority (NFA), National Housing Corporation, Oil Search Ltd, Orion, PNG Ports Corporation, Rio Tinto, Searcher Seismics, Secretariat of the Pacific Community, Sovereign Wealth Fund, Steamships, Vanuatu

In brief: National Petroleum Company prepares to raise investment billions, and other business stories

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15 Apr 2015 by Business Advantage PNG Leave a Comment

National Petroleum Company to appoint a specialist debt-raising adviser for new oil and gas projects, Treasury says public debt above 35% limit and anti-corruption hotline more successful than expected. Your weekly digest of the latest business news.

Filed Under: In brief, Latest news, News Tagged With: Bougainville Copper Ltd, BSP Financial Group, Department of Agriculture and Livestock, Department of Finance, Department of Treasury, Gold Ridge gold mine, Innovative Agro Industry, Kumul Petroleum, National Fisheries Authority (NFA), Panguna mine, Parties to the Nauru Agreement, PNG Ports Corporation, Puma Energy, Rio Tinto, Societé Le Nickel, Tolukuma Gold Mine

Economic update: Papua New Guinea’s decade of growth begins

As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our … [Read More...]

Restaurant review: Lucky Lucky, Port Moresby

Port Moresby’s flourishing dining scene now features a Thai restaurant – and it’s a good ’un. Lucky Lucky launched in late … [Read More...]

Papua New Guinea’s banks embrace a digital future

Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, … [Read More...]

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab … [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 […]