The COVID-19 pandemic in Papua New Guinea has presented a unique set of challenges to business leaders and owners of all kinds. The heads of three of the country’s top companies have discussed their leadership approaches during a special Business Advantage PNG online business briefing.
The first half of the Papua New Government Government’s promised K200 million funding for small and medium-sized enterprises has been handed over to Bank South Pacific. The money will be used to provide subsidised business loans.
Papua New Guinea’s standing as a regional power, customer service post-COVID, and remote care for at-home workers. Readings from around the world on business, leadership and management.
Kumul Minerals Holdings renews its board, City Pharmacy appoints new CEO, British American Tobacco announces head of National Field, change on Oil Search Board and Solomon Brewery welcomes a Supply Chain Manager.
Business in Papua New Guinea has responded well to COVID-19 but is now facing a downturn at the lower end of expectations. David Toua, board member of the Business Council of Papua New Guinea says the focus now needs to turn to the economy.
Papua New Guinea set to make resource project agreements public starting 2021, news on Wafi-Golpu and Kina Bank releases its Mid-Year Economic and Fiscal Outlook. The business news you need to kickstart your week.
In a surprise development, the Porgera gold mine looks set to re-open, ending a period of intense disagreement between Papua New Guinea’s government and Barrick Niugini, the mine’s operator.
Kumul Minerals Holdings welcomes a Registered Mine Manager, Papua New Guinea’s Independent Consumer and Competition Commission reappoints CEO, and new appointment for Oil Search’s former head.
The reason most startups fail, how to succeed in ecommerce, and PNG business people honoured. Readings from around the world on business, leadership and management.
In his latest Monetary Policy Statement, the Governor of the Bank of Papua New Guinea, Loi Bakani, forecasts GDP will decline by four per cent in 2020 but rebound slightly next year. He also expressed concerns about changes to the Central Banking Act.