Coronavirus and PNG

Stories related to the Coronavirus (COVID-19) and Papua New Guinea's State of Emergency.

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In brief: Ok Tedi Mining suspends flights to Australia and other business stories

Ok Tedi Mining suspends flight to Australia after three miners tested positive to COVID-19, Papua New Guinea continues to battle surge in COVID cases and National Fisheries Authority signs agreement for Daru fishery.
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Papua New Guinea facing a ’triple crisis’, says World Bank economist

Papua New Guinea has been dealing with a ’triple crisis’, according to Ilyas Sarsenov, Country Economist for the World Bank in PNG. Speaking at a Business Advantage PNG online briefing, he said that the economy has fallen well below previous growth forecasts.
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Still a long way to go: business and economic recovery after COVID

Papua New Guinea is experiencing similar stresses to other economies in the Pacific region due to the impact of COVID-19. Two reports, by the Asian Development Bank and Pacific Trade Invest, highlight both the impacts and a way to recovery.
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Foreign exchange the ‘number one’ concern for Papua New Guinea business, says Chamber head

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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Diversify and conquer: what the future holds for Credit Corp in Papua New Guinea

Peter Aitsi, Group Chief Executive Officer of Credit Corporation PNG, says the COVID-19 pandemic has had a significant impact on operations. He tells Business Advantage PNG that the company is moving to a more agile digital platform and diversifying its product range.
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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.
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Boardroom briefing: Solomon Islands Facebook ban, vaccine hopes might spook some investors, and ransomware attacks on the rise

The Solomon Islands unfriends Facebook, not every investor happy about the positive covid-19 vaccine news and the cost of ransomware attacks. Readings from around the world on business, leadership and management.
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