Features

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Papua New Guinea Fashion Week is a runway success

Papua New Guinea’s annual fashion week is giving the country’s designers a leg up onto the national and international catwalk. Grace Maribu reports.

SMEs in Papua New Guinea need to develop sound business practices, says Fusion Foundation

Small and medium enterprises (SME) in Papua New Guinea need to hone their business models and proposals to get investors. Business Advantage PNG looks at some of the ideas that the Fusion Foundation, a non-profit entity that supports entrepreneurs, proposes to help SMEs thrive.

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Manufacturing and transportation up in Papua New Guinea despite challenges in other sectors

The Bank of Papua New Guinea’s Quarterly Economic Bulletin reports sales were strong in the manufacturing and transportation industries during the September quarter of 2018. But in other sectors revenues were revealed to be either patchy or poor. David James gives us an overview of these sectors.

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A sweet future for the sweet potato industry in Papua New Guinea

Papua New Guinea’s sweet potato market has the opportunity to grow significantly. Researchers are working with farmers to implement new technologies that are predicted to transform sweet potato production.

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Solomon Islands’ economy set for steady growth

The economy of the Solomon Islands is small, but continues to grow steadily. New nickel exports, new hydropower and greater internet connectivity look set to drive future growth, reports David James.

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Latest news

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Papua New Guinea’s state-owned enterprises reveal mixed financial results

Kumul Consolidated Holdings has released the 2018—and 2019 first quarter—financial results for Papua New Guinea’s state-owned enterprises. Business Advantage PNG investigates.

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Papua New Guinea’s Stock Exchange plans for debt trading market

PNGX, Papua New Guinea’s renamed stock exchange, has announced proposals to establish trade in government and private debt. It may lead to a significant deepening of the PNG financial system. David James reports.

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In brief: Port Moresby Stock Exchange changes its name and other business stories

Papua New Guinea’s stock exchange changes its name, Oil Search signs MoU to help sustainable agriculture, and PNG Power reviews financial reporting. Your weekly digest of business news.

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Opinion and analysis

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Opinion: Can Papua New Guinea become the richest black nation in the world in ten years?

Papua New Guinea’s new Prime Minister said shortly after his election that PNG could become the ‘richest black nation on Earth’ within 10 years. Can it be done? Economist Maholopa Laveil considers.

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Economy/investment

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Four questions for Richelle Tickle, Papua New Guinea Country Manager, Pacific Women Support Unit

With over 80 per cent of Papua New Guinean businesses citing skills shortage as a key constraint to their growth, helping women join the workforce or open their own businesses could put an end to the problem. Richelle Tickle, Papua New Guinea Country Manager, Pacific Women Support Unit, shares with Business Advantage PNG the work that Pacific Women is doing in Papua New Guinea.

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The challenges of investing in Papua New Guinea agriculture

Papua New Guinea’s agricultural industries have great potential but operators have to learn to fend for themselves. That was the message at the 35th Australia Papua New Guinea Business Forum & Trade Expo in Port Moresby.

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People moves

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People moves: City Pharmacy Limited, MiBank, Steamships

City Pharmacy Limited names new National General Manager and MiBank announces an addition to the MiBank Board.

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Boardroom briefing

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Boardroom briefing: tech emerging markets, business documentaries and food waste to power new ideas

Tech emerging markets are cradle for digital experiments, best business documentaries, and food waste to power-up start-ups. Readings from around the world on business, leadership and management.

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Interviews

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PNG Air’s CEO on the new codeshare agreement with Virgin Australia

PNG Air, PNG’s second domestic airline, is about to commence a new codesharing agreement with Virgin Australia. CEO Paul Abbot updates Business Advantage PNGon the agreement and the airline’s plans for the future.

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Infrastructure

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Where to allocate resources to develop Papua New Guinea’s economy

The World Bank and the Papua New Guinea Business Council seem to agree on the areas that need strengthening to help Papua New Guinea’s economy thrive. The difference, however, is that one of them also includes the creative industries. David James compares both lists and analyses what they mean for the country and its future.

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More on infrastructure ...

Company profiles

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Building a success story in Papua New Guinea: Capital Insurance Group

Regional insurer Capital Insurance Group has been growing rapidly as it develops a strong Pacific footprint. Group Chief Executive Officer Keith Land speaks with Business Advantage PNG about the keys to its success.

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Latest News

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Papua New Guinea’s state-owned enterprises reveal mixed financial results

Kumul Consolidated Holdings has released the 2018—and 2019 first quarter—financial results for Papua New Guinea’s state-owned enterprises. Business Advantage PNG investigates.

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Features

This category can only be viewed by members. To view this category, sign up by purchasing Individual Subscription or Corporate Subscription.

Papua New Guinea Fashion Week is a runway success

Papua New Guinea’s annual fashion week is giving the country’s designers a leg up onto the national and international catwalk. Grace Maribu reports.

Opinion

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Opinion: Can Papua New Guinea become the richest black nation in the world in ten years?

Papua New Guinea’s new Prime Minister said shortly after his election that PNG could become the ‘richest black nation on Earth’ within 10 years. Can it be done? Economist Maholopa Laveil considers.