In recent times, Fijian companies have been attracted to Papua New Guinea because of the size of its market. There are plenty of reasons for PNG companies to look in the other direction.
Oil and LNG prices steady, while gold and coffee jump: a monthly review of Papua New Guinea’s commodity and financial markets
Welcome,
26 Jun 2019 by Leave a Comment
Oil and LNG have remained steady but the gold price rises and coffee is up. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
People Moves: Kina Asset Management Limited, Westpac Papua New Guinea
Welcome,
6 Mar 2019 by Leave a Comment
New member at Kina Asset Management Limited’s board and Westpac Papua New Guinea appoints a new Chief Executive.
People Moves: Westpac PNG, PNG Air, Office of the Pacific, Cardno
Welcome,
5 Feb 2019 by Leave a Comment
New head of corporate and commercial banking at Westpac PNG, board change at PNG Air, a new Pacific supremo for Australia and a new CEO at Cardno.
Drop in new LNG capacity and surging China demand will benefit Papua New Guinea
Welcome,
5 Feb 2019 by Leave a Comment
The global gas market is set to surge, according to Justin Smirk, Senior Economist at Westpac. He told a recent Port Moresby Chamber of Commerce and Industry meeting that Papua New Guinea is well placed to benefit.
In brief: Papua LNG project to put Papua New Guinea as leading LNG exporter, and other business stories
Welcome,
15 Jan 2019 by Leave a Comment
Forex turnover more than K4b in October, call for joint PNG-Australia coastguard initiative, and one kina chocolate bar on sale locally. Your weekly digest of the latest business news.
The key factor Papua New Guinea’s banks and super funds look for before they will invest in your business
Welcome,
11 Sep 2018 by Leave a Comment
To get investment into Papua New Guinea businesses, sound governance is essential. That was the view expressed by super fund managers, bankers and advisers at Business Advantage’s Investment conference in Brisbane.
Companies investing locally this year but will switch to starting up new operations next year, according to round table
Welcome,
21 Aug 2018 by Leave a Comment
Companies are reducing the size of the businesses, now using excess capital to acquire domestically but may be switching to starting up operations next year. They were some of the observations in a round table discussion on Papua New Guinea’s investment environment at the Business Advantage Invest Forum in Brisbane.
Women entrepreneurs say ICT infrastructure and expertise delivering economic benefits
Welcome,
10 Jul 2018 by 1 Comment
As Papua New Guinea moves into an era driven by technology, both business and the role of women in business are being transformed, Mollina Kapal tells Business Advantage PNG.
People moves: Bougainville Copper, Westpac, Air Niugini, PNGICSA
Welcome,
21 Nov 2017 by Leave a Comment
A new chair at Bougainville Copper, Westpac appoints a new Pacific Regional Head, a new Sales Manager for Air Niugini in the New Guinea Islands and a new chief migration officer appointed by the National Executive Council
USD 0.251
AUD 0.3939
GBP 0.1966
EUR 0.2385
NZD 0.4333
JPY 38.07
SGD 0.3368
Recent readers’ comments