The first in a series of Business Advantage PNG online business briefings tackled the issue of managing your business during the COVID-19 crisis. Mahesh Patel, CEO of CPL Group, and Wayne Osterberg, KPMG PNG’s Director Advisory Services, looked at the critical issues during Papua New Guinea’s state of emergency.
After an on-again, off-again presence in Papua New Guinea, Pacific Industries has relaunched Pepsi – and they are empowering people to set up SMEs to sell it.
The upper end of the housing market in Papua New Guinea is being adversely affected by the closure of the international borders, according to Tom Snelling, General Manager of property classifieds site Hausples.com. But he expects that there will be more movement in the cheaper areas of the real estate market.
In spite of the International Air Transport Association reporting global losses for the airline industry up to US$314 billion (K1086 billion), Papua New Guinea’s carriers are keeping essential services going under the toughest business conditions.
As the government seeks to start disbursing the funds raised by its COVID-19 bond, the presidents of Papua New Guinea’s two largest business chambers tell Business Advantage PNG they are looking for a stimulus package ‘with teeth’.
Tapioca Delight is spearheading change in Papua New Guinea, by becoming the first SME to start accepting online credit and debit card payments via Bank South Pacific’s internet payment gateway. Gabriella Munoz speaks with owner Ginia Sialis to find out more.
PNG Power Acting CEO Douglas Mageo talks to Business Advantage PNG about the prospects for greater accessibility, reliability and affordability in electricity.
Kevin McQuillan meets Dr Elizabeth Alok, who is set to become PNG’s first female heart and lung surgeon.
The global economic crisis triggered by COVID-19 outbreak has increased the urgency for Papua New Guinea to facilitate mining projects, which are the biggest providers of crucial foreign exchange. Business Advantage PNG speaks exclusively PNG’s Mineral Resources Authority about where the sector is heading.
The impact of the COVID-19 crisis on Papua New Guinea’s financial markets has been muted so far. However, the crisis provides an opportunity to create new investment opportunities so that local entrepreneurs can raise capital more easily.