More Filters
There were 1152 results found for:

All Regions and All Sectors

Interview

OBG talks to Geoff Toone, Former Managing Director, Westpac Bank Papua New Guinea: Interview
OBG
plus

Interview:Geoff Toone How would you characterise PNG’s response to the global economic downturn that is affecting many areas of its economy? GEOFF TOONE: The world economy is in realignment and everyone is still waiting to see where the oil story is going, with very divergent forecasts. Ultimately, these are challenging times for oil-centred countries, such as Brunei, where the oil industry…
Interview

OBG talks to Robin Fleming, CEO, Bank South Pacific (BSP): Interview
OBG
plus

Interview:Robin Fleming What opportunities currently exist for expanding Papua New Guinea’s banking industry into other countries in the Asia-Pacific region? ROBIN FLEMING: From BSP’s perspective there is a need to diversify revenue beyond our home markets and thereby tap into a much larger population base. Some of our regional neighbours are very similar to PNG in the sense that their…
Interview

OBG talks to Peter Botten, CEO, Oil Search: Interview
OBG
plus

Interview:Peter Botten Oil prices have been hovering around $50 a barrel for the last year. Is this a price that operators should get used to in the long run? PETER BOTTEN: Unfortunately an unexpected outcome can always destabilise markets, and one of the biggest at the moment relates to the UK exit from the EU and how is it going to affect the global economy in the short to medium run. We…
Interview

OBG talks to Raka Taviri, CEO, Water PNG: Interview
OBG
plus

Interview:Raka Taviri Where does Papua New Guinea stands in terms of water reticulation, and to what extent is this affecting socio-economic growth? RAKA TAVIRI: The government wants to achieve coverage of 100% of provincial towns and 85% of all districttowns as part of PNG Vision 2050. This is a bold goal, as currently the total urban population that we serve with our organisation is…
Interview

OBG talks to Tony Honey, Managing Director, PNG Forest Products: Interview
OBG
plus

Interview:Tony Honey Considering the country’s abundance of river systems, how can the Papua New Guinea energy sector tap into its potential for hydropower? TONY HONEY: What the industry needs at the moment is a more comprehensive approach when it comes to preliminary studies to assess the country’s hydro-power potential. Of course PNG is endowed with plenty of river systems, but not every…
Interview

OBG talks to Michael Johnston, President and CEO, Nautilus Minerals: Interview
OBG
plus

Interview:Michael Johnston Out of many potential locations, why did you choose the site off the coast of East New Britain? MICHAEL JOHNSTON: The project is in cold and deep waters, in an area that shows high sedimentation rates. Volcanic activity occurring deeper in the ground propels high-temperature waters through the fault at the bottom of the sea and sets off a mineralisation process. These…
Interview

OBG talks to Michael Donnelly, CEO, Telikom
OBG
plus

Interview:Michael Donnelly What benefits would a Melanesian underwater cable have compared to a new link to Australia? MICHAEL DONNELLY: A study conducted by the World Bank states that a new underwater cable to connect Papua New Guinea through Honiara in Solomon Islands, Vanuatu and then Fiji would not be cost-effective, even though the developer, PNG DataCo, had originally signed a contract…
Interview

OBG talks to Robert Howden, Managing Director, Express Freight Management: Interview
OBG
plus

Interview:Robert Howden How far has the commodities slump hindered economic growth both in Lae and nationwide? ROBERT HOWDEN: There has obviously been a slowdown in Lae as much as in the rest of the country, mainly because the resource boom experienced in previous years went into a negative spiral. Inevitably, this is affecting consumers’ choices and prerogatives – favouring food for their…
Interview

OBG talks to Stan Joyce, Managing Director, South Pacific Brewery: Interview
OBG
plus

Interview:Stan Joyce To what extent have manufacturers been affected by the foreign exchange squeeze? STAN JOYCE: This is certainly a matter of concern, but unfortunately not a recent one, as it goes back to the central bank’s intervention in 2014 when it made efforts to stabilise the kina with foreign currency trading bands. Even though this was a necessary measure at the time, it has certainly…
Interview

OBG talks to Frank Kramer, CEO, Kramer Ausenco: Interview
OBG
plus

Interview:Frank Kramer As Papua New Guinea becomes more visible in the region, what opportunities are there for synergies with its neighbours? FRANK KRAMER: PNG has always been a natural bridge between the Pacific and Asia. The post-independence “look north” strategy, which advocated greater engagement with Asia, changed many things here. However, there is caution about rushing to Chinese…