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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.
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.
The Port Moresby Rotary Club names a new head.
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.
Kumul Telikom Holdings has slashed internet rates, Kumul Petroleum Holdings has been asked to report on its earnings since 2014, and a cable laying ship has arrived in Port Moresby to work on the Coral Sea Cable system. Your weekly digest of business news.
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.
Coca-Cola Amatil (PNG) Limited has been expanding its operations to increase capacity, including a new can processing facility in Lae. Business Advantage PNG talks Gigy Philip, PNG’s Country Manager, about the company’s plans.
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.
The Sanctuary Hotel & Spa in Port Moresby is 10 minutes from the airport, five minutes from the National Convention Centre, and close to government offices in Waigani.