Prime Minister James Marape has said that he doesn’t want Papua New Guinea to be known as an oil and gas county and has outlined his aim is to make PNG the ‘food basket of Asia.’ What opportunities does this create for business?
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In just two weeks’ time, senior executives from across the region will gather in Sydney for the 2019 Business Advantage Papua New Guinea Investment Conference. We preview what delegates can expect from the event.
PNG Forest Products started as a forestry company but is also now a full-fledged power company too. Managing Director Tony Honey tells Business Advantage PNG how the company is expanding its manufacturing, increasing exports and handling growth.
John Byrne, President of the Lae Chamber of Commerce and Industry (LCCI), tells Business Advantage PNG that despite foreign exchange shortages and poor roads, there is an upward trend in the city.
Equipment supplier Bishop Brothers is positioning itself to be a major supplier to the forthcoming Papua LNG project, according to General Manager Len Pianta. He tells Business Advantage PNG the company is also looking at opportunities to expand into Fiji and New Caledonia.
Papua New Guinea’s annual fashion week is giving the country’s designers a leg up onto the national and international catwalk. Grace Maribu reports.
The Bank of Papua New Guinea’s Quarterly Economic Bulletin reports sales were strong in the manufacturing and transportation industries during the September quarter of 2018. But in other sectors revenues were revealed to be either patchy or poor. David James gives us an overview of these sectors.
The economy of the Solomon Islands is small, but continues to grow steadily. New nickel exports, new hydropower and greater internet connectivity look set to drive future growth, reports David James.
Satellites are the new frontier for internet connectivity, and that’s going to benefit businesses in Papua New Guinea as the country gets serious about cloud computing, technology entrepreneur and futurist Mark Pesce tells Business Advantage PNG.
Papua New Guinea’s sweet potato market has the opportunity to grow significantly. Researchers are working with farmers to implement new technologies that are predicted to transform sweet potato production.