While business confidence is largely sustained in this year’s PNG 100 CEO Survey, there are rising concerns about several business impediments. Westpac Senior Economist Justin Smirk provides his analysis of this year’s survey results.
CEO Survey suggests Papua New Guinea business is less bullish, but still planning to invest
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21 Mar 2024 by Leave a Comment
The 2024 results of Papua New Guinea’s annual business confidence survey, the PNG 100 CEO Survey, are out. What have PNG’s leading companies told us about their profit, investment and recruitment expectations – and the major impediments they face?
Six things business needs to know about Papua New Guinea’s economy [analysis]
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14 Sep 2023 by 2 Comments
Westpac’s Senior Economist Justin Smirk has been studying Papua New Guinea’s economy for over 20 years. He recently provided the 2023 Business Advantage Investment Conference with six things businesses should understand about PNG’s economy, as we wait for the next wave of resources investment to begin.
What does the 2023 PNG 100 CEO Survey tell us about business confidence in Papua New Guinea? [analysis]
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14 Mar 2023 by Leave a Comment
The results of the 2023 PNG 100 CEO Survey, Papua New Guinea’s annual business confidence survey, have been released. Westpac’s Senior Economist, Justin Smirk, draws on 12 years of survey results to highlight the changes in business conditions and the issues faced by business.
CEO Survey reveals the outlook for Papua New Guinea business in 2023
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14 Mar 2023 by Leave a Comment
The Business Advantage PNG/Westpac PNG 100 CEO Survey has asked the CEOs of Papua New Guinea’s largest companies for their profit, investment and recruitment expectations for 2023. It also asked them to name the top impediments facing their businesses. Here are the results.
The 2022 PNG 100 CEO Survey: the return of optimism
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4 May 2022 by Leave a Comment
The PNG 100 CEO Survey captured the depth of the COVID crisis through 2021, and is now charting a return of some optimism in 2022, according to analysis provided by Westpac’s Senior Economist, Justin Smirk.
2021 PNG 100 CEO Survey: a snapshot of the effects of COVID-19 in Papua New Guinea [analysis]
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21 May 2021 by Leave a Comment
The annual Business Advantage/Westpac PNG 100 CEO Survey has captured the depth of the COVID-19 crisis and the sense of uncertainty that exists among businesses in Papua New Guinea. Westpac’s Senior Economist Justin Smirk takes a closer look.
Impediments: What’s really holding Papua New Guinea business back?
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26 Feb 2020 by Leave a Comment
Foreign exchange has gone from being a big business problem to becoming a major impediment for all businesses in Papua New Guinea. What does the future hold for this and other challenges facing business?
The PNG 100 CEO Survey: Papua New Guinea’s chief executives expect a rise in profits in 2019
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25 Feb 2019 by Leave a Comment
Business Advantage’s PNG 100 CEO Survey of chief executives in Papua New Guinea’s biggest companies found that last year’s profit expectations were ‘broadly met’ and that business leaders remain positive and confident in 2019.
The PNG 100 CEO Survey 2018: Papua New Guinea’s chief executives remain optimistic
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20 Feb 2018 by 3 Comments
Business Advantage PNG’s PNG 100 CEO Survey of chief executives in Papua New Guinea’s biggest companies has found that profit expectations were only partly met last year, but there are signs of growing confidence in 2018.
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