Normal services along the Highlands Highways resume, coffee exports steady but expected to fall next year, and China approves loan for PMIZ. Your weekly digest of the latest business news.
In brief: Highlands Highway re-opens after a month-long blockade, and other business stories
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13 Sep 2017 by Leave a Comment
Brand poll shows that well-established companies dominate in Papua New Guinea
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29 Aug 2017 by Leave a Comment
A new online survey by Business Advantage PNG to identify Papua New Guinea’s most recognisable local brands suggests that there are four stand out companies. So, what makes brands ‘stick’ with consumers?
Lae’s Unitech undergoes ‘cultural change’ to produce better qualified students
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12 Jul 2017 by 3 Comments
Albert Schram, Vice-Chancellor of the University of Technology (Unitech) in Lae, tells Business Advantage PNG that the institution is undergoing a broad ‘cultural change’. The aim is to create closer ties with business in order to produce better qualified graduates.
In brief: PanAust revises up its estimate of the Frieda River project, and other business news
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9 May 2017 by 1 Comment
Value and risk profile for Frieda River project improves, claims excess kina is resulting in more domestic investment, and corruption estimated to have cost Papua New Guinea K1.5 billion last year. Your weekly digest of the latest business news.
Trukai to expand its Papua New Guinea rice production despite uncertainty, says CEO Worthington-Eyre
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4 Apr 2017 by 4 Comments
With the Papua New Guinean Government remaining tight-lipped on progression of its proposed rice policy, Trukai Industries is going ahead with the expansion of its rice business, Chief Executive Officer Greg Worthington-Eyre tells Business Advantage PNG.
In brief: Foreign currency issues continue to cause problems, and other business stories
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7 Mar 2017 by Leave a Comment
Foreign currency issues continue to cause problems, profit announcements for Nambawan Super and Bank South Pacific and InterOil acquisition finalised. Your weekly digest of the latest business news.
In brief: BCL proposes re-opening Panguna copper mine by 2020, and other business stories
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1 Mar 2017 by Leave a Comment
BCL talks with Bougainville government and landowners about re-opening Panguna, investors confident in PNG despite low global energy prices, and improvements on the way for Jacksons Airport. Your weekly digest of the latest business news.
In brief: Further delay in start of Pacific Marine Industrial Zone, and other business stories
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31 Jan 2017 by Leave a Comment
China wants extra loan to fund PMIZ, unions concerned about housing tax on employees, Bank PNG questions accuracy of IMF economic report. Your weekly digest of the latest business news.
Rice policy may end our rice production in Papua New Guinea, says Trukai CEO
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7 Sep 2016 by 3 Comments
The effect of the government’s proposed rice policy will basically ‘shut us down’, says Greg Worthington-Eyre, CEO of the country’s main rice importer and producer, Trukai Industries. His warning follows a prediction of price rises by the Independent Consumer and Competition Commission, and a warning by the Australian government the policy could breach WTO rules.
In brief: Papua New Guinea government ‘committed’ to resolving royalty dispute at PNG LNG site, and other business stories
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17 Aug 2016 by Leave a Comment
Blockade of PNG LNG site now its second week, Trade Minister threatens Fiji over refusal to import PNG products, and fears of job losses if rice import quotas introduced. Your weekly digest of the latest business news.
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