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.
The Dirio project gets commissioned, Barrick distances from Papua New Guinea’s political turmoil and state-owned enterprises reform on track. The business stories you need to kickstart your week.
Tourism has been one of the biggest hit sectors in the current pandemic taking a global hit worth over $460 billion across the world. The 2020 National Tourism Industry Forum aims to help the troubled industry.
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.
Parliament sat briefly and unexpectedly yesterday to pass the 2021 National Budget legislation after Speaker Job Pomat ruled that last Friday’s surprise adjournment was illegal. It may not sit again until April 2021.
Nine new ministerial appointments have been announced after last week’s events in Parliament.
Papua New Guinea’s business community now has a new tool for doing business in the country: a user-friendly new online business directory.
Parliament passed six key pieces of legislation that allow the Papua LNG project to move forward, Australia’s Prime Minister cancels his trip to Papua New Guinea and cocoa farmers in East Sepik Province ready to benefit from new project. The business news you need to kickstart your week.
A deliberate and surprise move by MPs and Ministers to the Opposition last Friday may foreshadow the end of the 18-month-old Marape Government in Papua New Guinea.
A study of retirement funds in the Pacific suggests Papua New Guinea’s superannuation funds should diversify their investments more. It also says COVID-19 has had an effect on the funds’ liquidity.