In this exclusive interview with Business Advantage PNG, Port Moresby Chamber of Commerce and Industry President Rio Fiocco, outlines the numerous challenges facing business in Papua New Guinea as 2021 gets under way.
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It is estimated that between eight and nine million people live in Papua New Guinea, but no one knows for sure. Honorary Associate Professors Mike Bourke and Bryant Allen from the Australian National University explain why PNG’s census was a failure and what can be done to avoid another potential flop this year.
What do Virgin Australia, Westpac, Norton Rose Fulbright and Horizon Oil have in common? As you may have noted, they are all companies that have effectively signalled a scaling back of, or end to, their PNG presence in the past year.
Young Papua New Guinean entrepreneurs are helping to reactivate the country’s economy with new ideas and thriving projects. In this two-part special, meet some rising stars who are setting the pace for a reinvigorated innovation nation.
Japan helps Papua New Guinea with a generous loan, the Internal Revenue Commission launches its annual work plan and Prime Minister Marape visits Jiwaka Province.
CEO resigns from Credit Corp, Pacific Towing welcomes a new Operations Manager, New Zealand announces a new Deputy High Commissioner to Papua New Guinea, and Nambawan Super appoints four Trainee Directors to the Board.
The signing of a fiscal stability agreement between Papua New Guinea and French oil major Total looks set to trigger the FEED phase of the multi-billion dollar Papua LNG project. Wapu Sonk, Managing Director of national oil company Kumul Petroleum, tells Business Advantage PNG the signing is expected within the next two weeks.
Departing PNG Power Chairman Peter Nupiri has called for less political interference in the state-owned utility and a ‘strong commitment’ from government for its reform.
Dulciana Somare-Brash is a Political Advisor to the PNG Ministry of National Planning and Monitoring and the United Labor Party. If her maiden name sounds familiar, that is because she is the daughter of Papua New Guinea’s founding father, Michael Somare, and Lady Veronica Somare.
President Ishmael Toroama says Bougainville is not ‘colluding’ with third parties to reopen Panguna, new project to increase regional and international trade in the Pacific, and potential date for the launch of ISEZ’s project program.