Features

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Global economic recovery should provide good news for Papua New Guinea’s miners

The global economy is recovering faster that expected, according to Douglas Porter, Chief Economist and Managing Director of Canadian investment bank, BMO Financial Group.

2020 volumes only slightly down, says Swire Shipping

Despite initial concerns about the impact of COVID-19, Swire Shipping’s data shows only a marginal reduction in freight volumes. Alistair Skingley, the company’s Country Manager for Papua New Guinea and the Solomon Islands, tells Business Advantage PNG that the company is upgrading its offerings in the expectation of solid growth in 2021.

Papua New Guinea’s 2021 National Budget: the most ‘challenging in our lifetime’

The current economic conditions are the most ‘challenging in our lifetime’, according to Justin Smirk, Senior Economist at Westpac. He told a Business Advantage PNG briefing that the success of the 2021 National Budget depended on getting Papua New Guinea’s non-resources economy firing.

Pandemic push: Kina Bank’s ambitious ecommerce plans for Papua New Guinea

Kina Bank is introducing some ambitious enhancements to its digital services. Chief Executive Officer Greg Pawson outlines his plans to Business Advantage PNG.

Budget paper: Papua New Guinea’s revenue problem means it must raise more debt

The suspension of Parliament means that Papua New Guinea’s 2021 National Budget will be delayed until at least next month and possibly longer. Whenever it is finally delivered – and whoever delivers it – the recently released Budget Strategy Paper clearly outlines the challenges it must address.

Latest news

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In brief: PNG working on US trade and investment framework and other business stories

The United States and PNG working on trade and investment framework, Supreme Court rules Marape legally elected and Morobe Provincial Government to be first provincial government to engage directly in alluvial mining. The business news you need to kickstart your week.

Urgent assistance need for some industry sectors, says Business Council of Papua New Guinea

Papua New Guinea’s tourism, manufacturing, retail and agriculture should be the main targets for further government support, contends Douveri Henao, Executive Director of the Business Council of Papua New Guinea. He also reveals the sectors that had received the biggest boost during the COVID-19 crisis.

Commodities update: oil and cocoa surge

Oil and cocoa prices soar while the LNG price stabilises. Business Advantage PNG’s monthly overview of commodity and financial markets.

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Travel advisory

All aboard: Papua New Guinea’s new world of COVID travel

The travel industry has borne the brunt of restrictions during the global pandemic, but things are gradually returning to a new normal in Papua New Guinea. Business Advantage PNG looks at the latest travel advisories.

Economy/investment

Urgent assistance need for some industry sectors, says Business Council of Papua New Guinea

Papua New Guinea’s tourism, manufacturing, retail and agriculture should be the main targets for further government support, contends Douveri Henao, Executive Director of the Business Council of Papua New Guinea. He also reveals the sectors that had received the biggest boost during the COVID-19 crisis.

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Boardroom briefing

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Boardroom briefing: promising vaccines, app to enable global travel, and poultry investment pays off

Vaccines give hope for an end to quarantine, aviation industry launches app to get back in the air, and agritech finds a way to sell eggs before they’ve been laid. Readings from around the world on business, leadership and management.

Opinion and analysis

How accurate are the Doing Business indicators? A case study of business environment reform in Pacific Island countries

The World Bank’s Doing Business indicators have become controversial. Paul Holden, Director of the Enterprise Research Institute, and Consultant for the Asian Development Bank Alma Pekmezovic analyse the accuracy of this tool in the Pacific Island nations.

Read more opinion/analysis

People moves

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People moves: Parties to the Nauru Agreement, Credit Corp, Airways Hotel and PNG Air

New Chief Executive Officer for the Parties of Nauru Agreement, Credit Corporation appoints Company Secretary and PNG Air welcomes a new Director.

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Interviews

2020 volumes only slightly down, says Swire Shipping

Despite initial concerns about the impact of COVID-19, Swire Shipping’s data shows only a marginal reduction in freight volumes. Alistair Skingley, the company’s Country Manager for Papua New Guinea and the Solomon Islands, tells Business Advantage PNG that the company is upgrading its offerings in the expectation of solid growth in 2021.

More interviews ...

Infrastructure

2020 volumes only slightly down, says Swire Shipping

Despite initial concerns about the impact of COVID-19, Swire Shipping’s data shows only a marginal reduction in freight volumes. Alistair Skingley, the company’s Country Manager for Papua New Guinea and the Solomon Islands, tells Business Advantage PNG that the company is upgrading its offerings in the expectation of solid growth in 2021.

More on infrastructure ...

Company profiles

The PNG 1000: new online business directory launched for Papua New Guinea

Papua New Guinea’s business community now has a new tool for doing business in the country: a user-friendly new online business directory.

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Latest News

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

In brief: PNG working on US trade and investment framework and other business stories

The United States and PNG working on trade and investment framework, Supreme Court rules Marape legally elected and Morobe Provincial Government to be first provincial government to engage directly in alluvial mining. The business news you need to kickstart your week.

  • Westpac

Features

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

Global economic recovery should provide good news for Papua New Guinea’s miners

The global economy is recovering faster that expected, according to Douglas Porter, Chief Economist and Managing Director of Canadian investment bank, BMO Financial Group.

Opinion

How accurate are the Doing Business indicators? A case study of business environment reform in Pacific Island countries

The World Bank’s Doing Business indicators have become controversial. Paul Holden, Director of the Enterprise Research Institute, and Consultant for the Asian Development Bank Alma Pekmezovic analyse the accuracy of this tool in the Pacific Island nations.