Singapore company aims to recapitalise and restart Tolukuma gold mine, NPCP to contribute K450 million to Supplementary Budget, and PNG Defence Force ventures into business. Your weekly digest of the latest business news.
In brief: Tolukuma gold mine sale to lead to restart of operations, and other business stories
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14 Oct 2015 by 1 Comment
In brief: Redundancies at Petromin Papua New Guinea after oil price slump, and other business news.
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23 Sep 2015 by Leave a Comment
Redundancies at Petromin Holdings ahead of restructure, LNG price slump may go further, and Santos confident its share price will rise. Your weekly digest of the latest business news.
Sharp rise in Papua New Guinea visitor arrivals expected: TPA
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24 Jun 2015 by 1 Comment
Papua New Guinean tourism operators flew the flag in Australia last weekend at the South Pacific Tourism Exchange at Melbourne’s Convention and Exhibition Centre. Robert Upe reports visitor arrivals are expected to rise, due in part to cruise ships improving tourists’ perceptions of PNG.
In brief: Treasury to review 2015 Papua New Guinea Budget, and other business stories
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27 May 2015 by Leave a Comment
Falling commodity prices and rating outlook drop prompts Budget review, O’Neill supports Madang marine zone and new police chief to boost numbers in Port Moresby. Your weekly digest of the latest business news.
In brief: Salini-Impregilo to develop Papua New Guinea’s biggest hydro project, and other business stories
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29 Apr 2015 by
Italian firm to construct giant Chimbo hydro dam, SOEs’ assets valued at K20 billion, and development concept for Elk-Antelope expected by mid-year. Your weekly digest of the latest business news.
High interest rates a hurdle for investors, says Nambawan Super, and other business stories
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24 Sep 2014 by Leave a Comment
Call for government to lower interest rates, inflation rises and Air Niugini reduces fuel surcharge. Your weekly digest of the latest business news.
Bemobile upgrade has begun, says new CEO
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29 Oct 2013 by 9 Comments
With money finally in the bank and an experienced hand at the helm, are the fortunes of PNG’s troubled mobile phone company Bemobile about to turn? Business Advantage PNG spoke with Sundar Ramamurthy – who last week became its ninth CEO and its fourth in a year – to find out.
Solomon Islands businesses counting the cost of devastating flood
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9 Apr 2014 by Leave a Comment
While businesses are open again in the centre of Honiara, Solomon Islands, after last week’s devastating floods, transport appears to be the main problem facing business owners.
Progress on Papua New Guinea’s national broadband network
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12 Sep 2013 by
Construction of Papua New Guinea’s national broadband network is progressing, with major milestones set be reached by mid 2015, according to technology consultant Sundar Ramamurthy, who is assisting the PNG government’s Independent Public Business Corporation on the project.
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