The PNG 100 CEO Survey 2016: chief executives cautiously optimistic; AES preparing for next economic upturn; Beware the pitfalls in PNG contracts

PNG Business Update

April 20, 2016
airways hotel


The PNG 100 CEO Survey 2016: chief executives cautiously optimistic

profit surveyBusiness Advantage International’s PNG 100 CEO Survey of chief executives in Papua New Guinea’s biggest companies has found that many business leaders struggled to meet their profit expectations in 2015. But, despite the tough times last year, their mood remains cautiously optimistic. Read on...


AES preparing for the next economic upturn 

avenelThe downturn in the Papua New Guinea economy has presented challenges for Avenell Engineering Systems (AES). But Managing Director Dominic Avenell tells Business Advantage PNG that the company has adapted well. AES is, he says, strengthening its capabilities and preparing for the next upturn. Read on... 


Beware the pitfalls in PNG contracts

taimreContracts in Papua New Guinea can be challenging, according to research from the World Bank. The bank’s Doing Business 2016 Survey ranked PNG only 169 out of 189 in the world for ‘enforcing contracts’. It pays to be well informed, says Peter Taimre.
Read on...

In brief

Total SA to start construction of LNG plant in 2018 and other business stories

briefTotal SA Chairman says company is planning to commence construction of LNG plant in 2018, Ramu NiCo ordered to stop operating nickel mine and Harmony Gold reports 'continuing exploration success.' Your weekly digest of the latest business news. Read on...

People moves

MiBank, Parties to the Nauru Agreement

peopleMiBank appoints a new Chairman, Papua New Guinean appointed to head up the Parties to Nauru Agreement. Read on...

Latest jobs

Natural Resources Adviser

An exciting opportunity exists for a Natural Resources Adviser to join the Pacific Forum Secretariat. Read on...

Business connect

Mother’s Day at Airways: luxury gifts on sale

mothers dayThe perfect opportunity to pick up a special gift for mum. Read on...
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