Business Advantage PNG - Essential reading for Papua New Guinea-focused executives

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Beyond the pandemic: new Steamships MD sees growth in Papua New Guinea

The new Managing Director of Steamships Trading Company, Rupert Bray, says the company has ‘performed admirably’ during the COVID-19 crisis.

Digging deeper: resources sector’s contribution undervalued in Papua New Guinea

The contribution of the resources sector to the Papua New Guinea is being greatly under-estimated according to Maygen Turliu, Director of Tax & Business Services for Deloitte PNG. What appears in Treasury’s Budget is less than a third of its actual contribution.

No shore thing: Twinza and Papua New Guinea deal still uncertain

The Papua New Guinea government hopes that its ‘in-principle’ agreement with Twinza Oil over the Pasca A offshore oil field in the Gulf of Papua will be a template for new oil and gas projects. But the project isn’t across the line just yet.

Appetite for change: best practice tips for Papua New Guinea ecommerce

Small businesses could be up and running with an ecommerce site in as little as a month, if they follow the advice of Robert Webber and Kaye Iling, the brains behind Food Pro PNG’s recent ecommerce launch.

‘Another 20 years wasted’? Ramamurthy says the stakes are high for internet reform in Papua New Guinea

It is critical Papua New Guinea does not squander the opportunities provided by the Coral Sea Cable System, says the Chair of the Business Council of PNG’s Internet Working Group, Sundar Ramamurthy.

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In brief: Wafi-Golpu closes in on environmental permit and other business stories

Wafi-Golpu close to environmental permit, Kina Bank to launch capital fund for SMEs and PNG LNG delivers its highest production moment yet despite the COVID-19 pandemic. The business news you need to kickstart your week.

‘Focus on what you can control’: showing leadership during Papua New Guinea’s pandemic

The COVID-19 pandemic in Papua New Guinea has presented a unique set of challenges to business leaders and owners of all kinds. The heads of three of the country’s top companies have discussed their leadership approaches during a special Business Advantage PNG online business briefing.

Package delivered: government gives first K$100m to help Papua New Guinea SMEs

The first half of the Papua New Government Government’s promised K200 million funding for small and medium-sized enterprises has been handed over to Bank South Pacific. The money will be used to provide subsidised business loans.

‘Slow recovery’: Business Council of Papua New Guinea demands focus on economy

Business in Papua New Guinea has responded well to COVID-19 but is now facing a downturn at the lower end of expectations. David Toua, board member of the Business Council of Papua New Guinea says the focus now needs to turn to the economy.

Bank of Papua New Guinea revises down growth expectations

In his latest Monetary Policy Statement, the Governor of the Bank of Papua New Guinea, Loi Bakani, forecasts GDP will decline by four per cent in 2020 but rebound slightly next year. He also expressed concerns about changes to the Central Banking Act.

People moves: Kumul Minerals Holdings, City Pharmacy, British American Tobacco PNG, Oil Search, Solomon Brewery

Kumul Minerals Holdings renews its board, City Pharmacy appoints new CEO, British American Tobacco announces head of National Field, change on Oil Search Board and Solomon Brewery welcomes a Supply Chain Manager.

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