Thanks to Hornibrook NGI Limited (HNGI) travellers living at the Lumbrum Naval Base and between Lombrum and Lolak junction in Manus can now ride easy, safely and travel in less time. On top of this, Hornibrook sourced road base material locally on Manus. These were later crushed and screened by another Manus business and locals were employed to carry out ...
Pacific Towing has become the first business in the Steamships Group to set up in Fiji and is on track to successfully complete its first major project in Fiji since registering a new business last November. Based at the main wharf in Suva, Pacific Towing’s newest business employs four Papua New Guinean divers and six Fijian locals. The team of divers, e...
Economic activity will get a major boost when the Coral Sea Cable System is completed later this year. Internet users in Papua New Guinea will have access to improved internet access when the K331 million (AU$136.6 million) International Submarine Cable project linking Papua New Guinea, Solomon Islands and Australia is completed. The Coral Sea Cable Syste...
The latest international commodity price data published by the World Bank in April 2019, show improvements for most of PNG’s export commodity prices of energy, metals and non-energy commodities, compared to actual outcomes in December 2018. Bank of PNG Governor, Loi Bakani stated that price for Liquefied Natural Gas (LNG) based on imports to Japan increas...
The 2019 PNG Industrial and Mining Resources Exhibition will showcase over 100 local, national and international manufacturers and suppliers with the latest innovations in the supply of services and equipment for the industrial, mining and oil and gas sectors. The two-day exhibition is the premier meeting place to connect and network with thousands of in...
Positive signs are on the horizon for business after three “flat” years due to tough economic times brought on by low commodity prices, last year’s earthquake, and lack of foreign currency, which has increased slightly this year. Following the recent activity in the minerals and gas sector and a successful APEC Leaders’ Summit, the Australia PNG Business...
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