Santos and Oil Search increase production following PNG LNG start-up, Crater Gold raising funds for mine development, and regional tuna stock report due out August. Your weekly digest of the latest business news.
In brief: Emergency declared in Porgera over illegal mining and other business stories
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30 Apr 2014 by Leave a Comment
A state of emergency declared in Porgera over illegal mining, O’Neill promises to cancel illegal forestry leases and second LNG train about to begin production. Your weekly digest of the latest business news.
Bemobile gets cash injection as government steps in
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25 Sep 2013 by
The Papua New Guinea Government has increased its stake in mobile phone company Bemobile, following the collapse of a deal with the Fiji National Provident Fund.
Interview: Geoff Cundle, Steamships
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5 Feb 2013 by
One of PNG’s largest and most diversified companies has a new Managing Director. We caught up with Steamships’ Geoff Cundle (pictured below) a few weeks into his new job. Business Advantage PNG (BAPNG): This isn’t your first time working in PNG …? Geoff Cundle (GC): I was here about 20 years ago, again with Steamships, […]
People Moves: executive moves and changes relevant to Papua New Guinea
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17 Dec 2012 by
Changes at Steamships/BSP Geoff Cundle will take over as Managing Director and CEO of Steamships in January 2013. He replaces David Cox. Sean Pelling will be taking over the role of Finance Director, following the departure of Eddie Ruha, who has taken on the role of Chief Financial Officer PNG at Bank of South Pacific. […]
Tourism: Adventure-seekers cruise in
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22 Aug 2012 by Leave a Comment
Greater access, improved accommodation and a unique culture lure greater numbers of visitors to Papua New Guinea. Visitor arrivals to Papua New Guinea grew by 12.8% in 2011 over arrivals for 2010. While many travelled to the country on business, there was also a signifiant rise in holidaymakers. Australia provided 46% of PNG’s 165,059 visitors […]
Perspectives on Papua New Guinea
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1 May 2012 by
Business leaders provide their own take on opportunities in PNG’s economy. Greg Pawson, General Manager Pacific Banking, Westpac ‘Papua New Guinea is a very important market for us. We employ more than 400 staff across our PNG business. We have sixteen branches and we’re expanding, with new business centres in Lae and Port Moresby. We’re about to relocate our main […]
PNG: overcoming the challenges
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1 May 2012 by Leave a Comment
As Business Advantage’s PNG 100 CEO Survey reveals, leading companies are performing exceptionally in spite of facing an array of severe impediments. We take a closer look at some of the daily challenges faced by companies doing business in Papua New Guinea and find out how they are overcoming them. At the beginning of 2011, […]
Papua New Guinea’s ICT evolution
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1 May 2011 by Leave a Comment
Information and communications technology (ICT) reform in Papua New Guinea is not only delivering cheaper prices and stronger competition: it is also helping businesses devise a new generation of innovative services. As most companies that do business there will tell you, while it can be very rewarding, Papua New Guinea is a demanding environment in […]
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