The Pro-Active Voice of the Morobe Business Sector

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Ok Tedi closure could cost PNG K2.7 billion

The El Nino weather pattern which has seen the temporary closure of the Ok Tedi mine could potentially last for up to a year, according to former senior PNG agriculture business executive, Bob Hansen, adding the loss of mining income could be as much as K2.77 billion a year. Ok Tedi Mining Limited (OTML) has […]

Two milestones on the way to improved electricity in PNG

Two new milestones on the way to boosting electricity access to 70 per cent of Papua New Guineans households are due this month. Business Advantage PNG speaks with Roberto Aiello, Senior Energy Specialist with the World Bank, which is supporting the PNG government with its energy development plans. Under the PNG government’s Vision 2050 Development […]

How new technologies will affect PNG businesses

New and emerging technologies have the potential to radically transform business operations, driving e-commerce, cloud computing and efficiencies in supply chains and manufacturing. Business Advantage PNG asks some technology experts how some of these technologies are and will be deployed in Papua New Guinea. E-commerce, mobile technologies, cloud computing and the Internet of Things (IOT) […]

LNG sales drives massive rise in Papua New Guinea exports in 2014

Exports from Papua New Guinea rose 64 per cent in value during 2014 to K21,903.6 million, largely due to the start of LNG production, according to the Bank of Papua New Guinea. In its March Quarterly Update, which aggregates the four quarters of the 2014 fiscal year, the bank reports the total value of exports […]

‘One building at a time’: PNG’s KK Kingston prepares for next wave after consolidation

For the last 18 months, leading Lae manufacturer K K Kingston has been consolidating and restructuring. Chief Executive Officer Michael Kingston talks to Business Advantage PNG about the company’s strategy, his optimism for the future, and the issues facing businesses in Papua New Guinea. Business Advantage PNG (BAPNG): What are the key challenges facing K […]

Sharp rise in PNG visitor arrivals expected

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. The South Pacific Tourism Exchange is the region’s largest travel and […]