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 (KCH), 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 (BCL), BSP Financial Group, Department of Agriculture and Livestock, Department of Finance, Department of Treasury, Gold Ridge gold mine, Innovative Agro Industry, Kumul Petroleum (KPHL), National Fisheries Authority (NFA), Panguna mine, Parties to the Nauru Agreement, PNG Ports Corporation, Puma Energy, Rio Tinto, Societé Le Nickel, Tolukuma Gold Mine

In brief: Moves to reduce internet charges and other business stories

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18 Mar 2015 by Business Advantage PNG 1 Comment

New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.

Filed Under: Fisheries, In brief, News Tagged With: Australia Papua New Guinea Business Council, Barrick Gold, Crater Gold Mining, Credit Corporation, Gold Ridge gold mine, Harmony Gold, Hawkins Group, K92 Mining, National Capital District, National Executive Council, National Fisheries Authority (NFA), National Information and Communications Technology Authority (NICTA), Newmont Corporation (formerly Newcrest), Pacific Assurance Group, Parties to the Nauru Agreement, PNG DataCo, PNG Ports Corporation, PNG Rubber Board, Post PNG, Small and Medium Enterprise Corporation (SME Corp), Stanley gas project

In brief: PNG LNG project reaches ‘financial completion’, and other business stories

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11 Feb 2015 by Business Advantage PNG 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.

Filed Under: In brief, Latest news, News Tagged With: Anglo American, BSP Financial Group, Coffee Industry Corporation (CIC), Coppermoly Ltd, ExxonMobil PNG, Highlands Pacific, Indochine Mining, Kula Gold, Mineral Resources Authority (MRA), New Britain Palm Oil (NBPOL), PNG LNG, PNG Ports Corporation, Sime Darby, Standard & Poor’s (S&P), Talisman Energy

Curtain Bros planning huge, new dockside facilities at Motukea Island

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28 Jan 2015 by Business Advantage PNG 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.

Filed Under: Company profiles, Features, Industry sectors, Infrastructure, Sections Tagged With: Curtain Bros, Motukea Island, Ok Tedi Mining Ltd (OTML), PNG Ports Corporation

In brief: PNG Ports Corporation completes Lae extension, and other business stories

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5 Nov 2014 by Business Advantage PNG

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.

Filed Under: In brief, Latest news, News Tagged With: Indochine Mining, Marengo Mining, National Executive Council, Newmont Corporation (formerly Newcrest), Pacific Financial Inclusion Programme, PanAust, PNG LNG, PNG Ports Corporation, Wood Mackenzie, World Bank

In brief: Deal to purchase Motukea for port relocation signed, and other business stories

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29 Oct 2014 by Business Advantage PNG 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.

Filed Under: In brief, News Tagged With: Asian Development Bank (ADB), Bank of Papua New Guinea, Coca-Cola Amatil, Cott Oil and Gas, Curtain Bros, ExxonMobil PNG, InterOil Corporation, Mineral Resources Authority (MRA), Oil Search Ltd, Oro Bay Province, Pacific Islands Forum, Papua New Guinea Sustainable Development Program (PNGSDP), PNG Ports Corporation, WCB Resources

Air Niugini and PNG Ports for partial sale: Papua New Guinea zeros in on its state-owned enterprises

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17 Sep 2014 by Business Advantage PNG 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.

Filed Under: Economy/Investment, Features, Infrastructure, Sections Tagged With: Air Niugini, Asian Development Bank (ADB), International Finance Corporation (IFC), National Airports Corporation, PNG Ports Corporation, Telikom PNG

Port Moresby’s next growth corridor

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22 Jan 2014 by Business Advantage PNG 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.

Filed Under: Features, Infrastructure, Sections Tagged With: Avenell Engineering Systems, Curtain Bros, Edai Town, InterOil Corporation, Konebada Petroleum Park Authority, Kumul Consolidated Holdings (KCH), PNG Gas, PNG Ports Corporation

In brief: PNG Power price increase postponed and other stories

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14 Jan 2014 by Business Advantage PNG 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.

Filed Under: In brief, Latest news, News Tagged With: Air Niugini, Autonomous Bougainville Government (ABG), Cott Oil and Gas, InterOil Corporation, Newmont Corporation (formerly Newcrest), PNG Ports Corporation, PNG Power

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference

With tariffs, military conflict and geopolitics at play, it's already been an extraordinary year for the global economy. Business … [Read More...]

Economic update: Will 2025 be Papua New Guinea’s golden year?

Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary … [Read More...]

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference
With tariffs, military conflict and geopolitics at play, it’s already been an extraordinary year for the global economy. Business Advantage PNG speaks with eminent economist Chris Richardson, who will be keynote speaker at this year’s Papua New Guinea Investment Conference in August, for his views on what it all means for business. BAPNG: As an […]
From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]