Oil Search’s assets ‘highly profitable’ despite weak prices says MD
Peter Botten, Managing Director of PNG’s largest company Oil Search, tells Business Advantage PNG that the company’s PNG assets are ‘highly profitable’ despite low petroleum and...
Author : Business Advantage PNG
Why hosting APEC will transform Papua New Guinea
The APEC meeting in 2018 in Port Moresby will be a major boost for Papua New Guinea, David Toua, President of the Business Council of...
Opinion: What Papua New Guinea taught me about doing business
Now a Chief Financial Officer based in the UK, Aarish Shah occupied senior executive roles in Papua New Guinea for nearly a decade. Here he...
Papua New Guinea has enough gas for five trains, says Kumul Petroleum MD
by David James State petroleum company, Kumul Petroleum, sees its role in developing oil and gas projects in partnership with developers, according to Managing Director, Wapu Sonk. He...
Electronic banking will revolutionise Papua New Guinea, says Westpac’s Pacific Chief
Image Source: The Giving Network PTY Ltd by Kevin McQuillan The advent of electronic banking in Papua New Guinea has the potential to significantly modernise...
Foreign exchange shortages open up opportunities for Papua New Guinea’s manufacturers
The difficulty in getting foreign exchange is making goods made in Papua New Guinea more attractive, local manufacturers tell ‘Business Advantage Boardroom’, which aired last...
InterOil shareholders approve revised takeover proposal
InterOil shareholders have overwhelmingly approved a revised takeover bid from ExxonMobil, despite opposition from InterOil founder, Phil Mulacek. In a statement, InterOil has reported over...
What the IMF says will solve PNG’s problems
An IMF report on Papua New Guinea has suggested that the Government has responded to pressures on the budget and foreign exchange shortages. It has...
Global demand for energy to rise but it may not mean higher prices, says expert
World demand for energy will double by 2050, according to Professor Peter McCabe, Head of the Australian School of Petroleum at the University of Adelaide....
What’s on the agenda for Papua New Guinea business in 2017?
As Papua New Guinea business gets back to work, Business Advantage PNG looks at some of the issues coming up in 2017. It looks likely to be...