Randy Selvaratnam became Chief Commercial Officer for regional logistics provider, Swire Shipping, in June 2024. In this interview, he speaks about the next catalysts for growth in shipping volumes in and out of PNG, as well as rising freight costs and the move to sustainable biofuels.
Papua New Guinea banks report substantial fall in forex waiting times
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15 Aug 2024 by 2 Comments
Waiting times on foreign exchange orders have been falling substantially on central bank interventions and other factors, senior representatives of BSP Financial Group, Kina Bank and Westpac Papua New Guinea reveal to Business Advantage PNG.
Chair of Papua New Guinea NRL bid hoping for announcement by end of 2024
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15 Aug 2024 by Leave a Comment
Wapu Sonk, Chair of Papua New Guinea’s bid to enter a team into Australia’s National Rugby League, speaks about the bid’s progress and the potential corporate sponsorship opportunities in a speech to the PNG Investment Conference.
Day 2 report from the 2024 Papua New Guinea Investment Conference
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14 Aug 2024 by Leave a Comment
Day 2 of the 2024 Business Advantage PNG Investment Conference featured top speakers from across government and business, including Papua New Guinea’s Prime Minister James Marape, state-owned enterprises such as Air Niugini and PNG Ports and business chamber presidents.
Day 1 report from the 2024 Papua New Guinea Investment Conference
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13 Aug 2024 by Leave a Comment
Day 1 of the 2024 Business Advantage PNG Investment Conference featured top speakers from across the business sector, including Kumul Petroleum Holdings’ Wapu Sonk, Bank of Papua New Guinea Chairman David Toua and the IMF’s Sohrab Rafiq, who spoke of the positive impact of the central bank’s new approach to managing foreign exchange.
New Steamships head bullish on Papua New Guinea economy, despite ‘underwhelming’ six years
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31 Jul 2024 by Leave a Comment
There was a change of leadership at Steamships Trading Company on July 1, with Chris Daniells replacing Rupert Bray as managing director. In an exclusive interview, the two share how Steamships is pursuing its long-term growth plans amid a challenging economic environment.
Investment conference to focus on growth opportunities and business conditions in Papua New Guinea
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30 Jul 2024 by Leave a Comment
Disruptive technology, Papua New Guinea’s next wave of infrastructure and resources projects, and the rising influence of ESG on business are some of the topics to be covered by the upcoming 2024 Business Advantage PNG Investment Conference.
Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
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30 Jul 2024 by Leave a Comment
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, shares why the chaos of our modern world presents an excellent opportunity for business leaders.
Could flexible work for parents boost Papua New Guinea firms’ productivity?
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16 Jul 2024 by Leave a Comment
Papua New Guinea businesses lose 14 workdays per employee each year to childcare responsibilities, according to a new study by the International Finance Corporation and PNG Business Coalition for Women. But employers have the power to solve this problem, the two leads of the landmark report tell Business Advantage PNG.
As January 10 recovery payments begin, Port Moresby businesses confront the consequences
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2 Jul 2024 by Leave a Comment
Government funds to cover debris removal and business recovery have this week started to flow to businesses affected by the January 10 riots in Port Moresby. With funds for actual rebuilding still to be finalised, we talk to business leaders about the longer term consequences.
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