China reaffirms its commitment to supporting the development of the Ihu Special Economic Zone, Vanimo Airport officially reopens, and Ok Tedi Mining to open a museum to highlight its history and legacy. The business news you need this week.
Features
Despite the pandemic’s severe economic impacts in Papua New Guinea, financial institution Heduru Moni Limited (trading as Moni Plus) achieved record-breaking revenues and profits in 2021. Business Advantage PNG sat down with the company’s new CEO, Aho Baliki OBE, to discuss its successes and ambitious plans for growth.
Papua New Guinea’s Internal Revenue Commission (IRC) recently established an online payment portal, ‘myIRC,’ as part of its strategy to take the country’s tax system online. Business Advantage PNG sits down with Commissioner General Sam Koim to see how it is going and discuss the IRC’s long-term strategy.
Two brothers have teamed together to teach the new generation of Papua New Guineans traditional canoe skills.
What opportunities are there to supply Papua New Guinea’s major mines and what do potential suppliers need to know before attempting to do business in the country’s mining sector? We asked procurement professionals at two of the country’s major mines, Ok Tedi and Porgera, during an online briefing this week.
The PNG 100 CEO Survey captured the depth of the COVID crisis through 2021, and is now charting a return of some optimism in 2022, according to analysis provided by Westpac’s Senior Economist, Justin Smirk.
The COVID pandemic has accelerated the shift to digital in Papua New Guinea. Gokul Naidu, CEO of PNG’s largest IT service provider, Datec PNG, talks to Business Advantage PNG about how businesses need to respond to the digital challenge.
Papua New Guinea’s first plug-in electric vehicles (EVs) – two cargo vans and a passenger bus – have appeared on the streets of Port Moresby. Ruby Gamoga reports.
Papua New Guinea’s major property developers and investors recently banded together to create the PNG Property Developers Association. Deputy Chairman Rupert Bray explains the reasons behind the move to Business Advantage PNG.
Papua New Guinea’s construction sector is on the move thanks to major new public investment in infrastructure, according to George Constantinou, head of Monier Limited and Hebou Construction at the Constantinou Group of Companies.