New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.
In brief: PNG LNG project reaches ‘financial completion’, and other business stories
Welcome,
11 Feb 2015 by Leave a Comment
PNG LNG project satisfies financial agreements, PNG Ports profits double, and Indochine Mining raises funds. Your weekly digest of the latest business news.
Curtain Bros planning huge, new dockside facilities at Motukea Island
Welcome,
28 Jan 2015 by 2 Comments
Civil engineering firm Curtain Bros has big plans for Motukea Island, as it prepares to build new dockside facilities alongside the soon-to-be relocated Port Moresby Port. General Manager Justin McGann outlines the Motukea plans, and other new company projects, to Business Advantage PNG.
In brief: PNG Ports Corporation completes Lae extension, and other business stories
Welcome,
5 Nov 2014 by
The extension project at Lae Port reaches a conclusion, PanAust feasibility study at Freida River on target, National Executive Council endorses PNG Sovereign Wealth Fund. Your weekly digest of the latest business news.
In brief: Deal to purchase Motukea for port relocation signed, and other business stories
Welcome,
29 Oct 2014 by Leave a Comment
State Solicitor refuses approval for purchase of Motukea island land for port relocation, Confusion over Ok Tedi compensation payments, report says PNG state-owned enterprises under performing compared to Pacific counterparts. Your weekly digest of the latest business news.
Air Niugini and PNG Ports for partial sale: Papua New Guinea zeros in on its state-owned enterprises
Welcome,
17 Sep 2014 by 3 Comments
First Air Niugini, then PNG Power … then PNG Ports and the National Airports Corporation? The Papua New Guinea government is embarking on a grand plan to reinvigorate state-owned enterprises. But privatisation is not the only option to ensure SOEs function as viable entities.
Port Moresby’s next growth corridor
Welcome,
22 Jan 2014 by 1 Comment
Major industrial projects underway or in the pipeline north-west of Port Moresby look likely to create an industrial and logistics corridor over the next five years. Business Advantage PNG examines the progress in Central Province, just outside Papua New Guinea’s capital.
In brief: PNG Power price increase postponed and other stories
Welcome,
14 Jan 2014 by Leave a Comment
PNG Power price increase postponed, InterOil timeline to be set and Rabaul needs visas on arrival. Your quick digest of the week’s business news.
Interview: Stanley Alphonse, PNG Ports
Welcome,
10 Apr 2013 by
Business Advantage PNG spoke with PNG Ports’ Chief Executive Officer, Stanley Alphonse, about PNG Port’s return to profitability and its ambitious plans for the future.
People Moves: executive moves and changes relevant to Papua New Guinea
Welcome,
29 Jan 2013 by Leave a Comment
Ross Garnaut resigns from Ok Tedi Economist Ross Garnaut resigned this month as Chairman of OK Tedi Mining Ltd, citing the difficulties of fulfilling his duties following the travel ban to PNG imposed on him by PNG’s PM Peter O’Neill in November 2012. Former PM Sir Mekere Morauta has been nominated to take over the position. He […]
USD 0.257
AUD 0.3824
GBP 0.1961
EUR 0.2311
NZD 0.4175
JPY 37.44
SGD 0.3363
Recent readers’ comments