Private-public partnerships are the best way for Papua New Guinea to deal with its health needs, Sandeep Shaligram, Chief Executive of Pacific International Hospital tells Business Advantage PNG. He says the hospital is looking to train locals and start a nursing college.
A ‘cash culture’ in Papua New Guinea is beginning to change and there is more willingness to buy shares, according to Aiabba Minerals Executive Chairman and Managing Director, Moses Mondowa. He tells Business Advantage PNG it is a significant shift for the future success of the country’s resources and business sectors.
Papua New Guinea is getting its house in order as it anticipates a period of stronger economic growth, driven in part by significant new investment in mineral production and infrastructure. In the first of a two-part series, Andrew Wilkins discusses its economy with business leaders and assesses where it is most likely to head.
Papua New Guinea’s APEC year has started, with the first Senior Officials Meeting now under way in Port Moresby. Recent experience shows the year will be successful, according to the country’s APEC Ambassador, Ivan Pomaleu. David Toua, chair of the APEC Business Advisory Council (ABAC) says it is necessary to support globalisation.
Vanuatu tourism officials want a joint approach with Papua New Guinea and Fiji to develop the lucrative inbound Chinese tourism market. As Vanuatu recovers from the effects of Cyclone Pam in 2013, Business Advantage PNG asked Vanuatu’s Tourism Promotion’s George Lapson and Bryan Death how Vanuatu is preparing to capture the China market.
House prices still remain out of reach for most Port Moresby residents, according to a report by the National Research Institute. It says that changing the approach to customary land has become necessary because state land is running out.
Business Advantage PNG’s PNG 100 CEO Survey of chief executives in Papua New Guinea’s biggest companies has found that profit expectations were only partly met last year, but there are signs of growing confidence in 2018.
Access to land is preventing New Britain Palm Oil from expanding its beef and palm oil production businesses. PNG Country Manager Robert Nilkare tells Business Advantage PNG, there is a need to develop more agriculture leases in Papua New Guinea.
With the focus on major resources projects, Papua New Guinea is missing the opportunity to develop a thriving agri-tourism sector, Papua New Guinea Women in Agricultural Development Foundation (PNGWiADF) President, Maria Linibi tells Business Advantage PNG.
It may not have involved rocket science, but Hargy Oil Palms Ltd has experienced significant success in boosting palm oil yields in West New Britain. But Chief Executive Graham King believes the success of agriculture in PNG will ultimately depend on secure land tenure and foreign investment.