The kina is more than 20 per cent overvalued, according to Marcel Schroder, a lecturer in economics at the Development Policy Centre in the Australian National University (ANU), speaking to a joint University of Papua New Guinea/ANU event in Port Moresby. One option is to introduce a dual exchange rate for a limited time.
Senior executives from more than ten countries will gather next week in Sydney for the Business Advantage Papua New Guinea Investment Conference. We preview what delegates can expect from the event.
Nine new vice-Ministers appointed to the NEC, a new director at Bank South Pacific, a new CEO at Nambawan Super, an acting General Manager at RD Tuna Canners, and new General Managers at Fuji Xerox and Remington Technology
Central bank to ease forex pressures with US$100m, new Lands Minister promises to clean up corruption in his department, and the cost of childhood malnutrition estimated at K1.6 billion annually. Your weekly digest of the latest business news
Oil prices have weakened, but copper has had an upwards run. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
A new online survey by Business Advantage PNG to identify Papua New Guinea’s most recognisable local brands suggests that there are four stand out companies. So, what makes brands ‘stick’ with consumers?
Papua New Guinea is a ‘low risk’ country for foreign investors, according to John Leahy, President of the Papua New Guinea Chamber of Commerce and Industry. But he tells Business Advantage PNG that it is important to prepare thoroughly in order to be a successful investor.
A survey of human resources in Papua New Guinea has found that the country could make big gains by using its people better. But there are significant skill shortages, especially in management and the professions.
O’Neill says Supplementary Budget won’t contain any new taxes, Oil Search MD says oil and gas sector could earn K60 billion over the next seven years, and central bank prepares to use block chain technology. Your weekly digest of the latest business news.
A new CEO for Paradise Foods, a new General Manager at Frabelle