After strong performances in 2009 and 2010, the Port Moresby Stock Exchange (POMSoX) experienced a tough 2011, as did many bourses around the world.
Features
Skills shortages are widespread in PNG, and likely to get worse in the short to medium term.
PNG veteran Peter Botten, Managing Director of Oil Search Limited, talks about the importance of engagement at a community level in Papua New Guinea.
Information and communications technology (ICT) reform in Papua New Guinea is not only delivering cheaper prices and stronger competition: it is also helping businesses devise a new generation of innovative services.
The skills crisis that Papua New Guinea is currently undergoing could pale into comparison over the next couple of decades if PNG’s escalating HIV/AIDS threat is not brought under control.