Health products company SkinnyMe Weightloss has built a business in Papua New Guinea that boasts 10,000 members.
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SkinnyMe: how the wellness craze is helping Papua New Guinean families boost their income
18 Jan 2021 by Leave a Comment
Industry sectors
Future of prices for Papua New Guinea’s mining exports look positive, say analysts
9 Dec 2020 by Leave a Comment
The prospects for the prices of metals Papua New Guinea exports are mostly positive, reports David James from the recent International Mining and Resources Conference.
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Kina Bank buys Westpac’s Pacific assets in billion kina deal
7 Dec 2020 by 5 Comments
Kina Bank has consolidated its position as Papua New Guinea's second largest bank, and also taken a first step towards becoming a regional bank, by acquiring the assets of Westpac in Papua New Guinea and Fiji.
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More than taxis: ODESH aims to create a new market for on-demand services in Papua New Guinea
7 Dec 2020 by Leave a Comment
Finding a safe and reliable taxi service in Port Moresby can be an issue, but entrepreneur Isaac Jipsy has developed ODESH, an online solution that is changing the way taxi services operate in Papua New Guinea's capital.
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The right strategy is key to the success of any Papua New Guinea organisation [analysis]
7 Dec 2020 by 1 Comment
Most successful organisations have one thing in common: a clear strategy plan. Wayne Osterberg, Director, Advisory Services at KPMG Papua New Guinea, shares with us his tips for defining and implementing a strategy plan for any organisation.
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Global economic recovery should provide good news for Papua New Guinea’s miners
30 Nov 2020 by Leave a Comment
The global economy is recovering faster that expected, according to Douglas Porter, Chief Economist and Managing Director of Canadian investment bank, BMO Financial Group.
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2020 volumes only slightly down, says Swire Shipping
25 Nov 2020 by Leave a Comment
Despite initial concerns about the impact of COVID-19, Swire Shipping's data shows only a marginal reduction in freight volumes. Alistair Skingley, the company's Country Manager for Papua New Guinea and the Solomon Islands, tells Business Advantage PNG that the company is upgrading its offerings in the expectation of solid growth in 2021.
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Oil Search tightens the purse strings and focuses on Papua LNG
25 Nov 2020 by 1 Comment
Oil Search has announced in a recent strategy update that it will continue to reduce costs and pull back on exploration. However, the company says it intends to make the Papua LNG project a priority.
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Papua New Guinea’s 2021 National Budget: the most ‘challenging in our lifetime’
23 Nov 2020 by 1 Comment
The current economic conditions are the most ‘challenging in our lifetime', according to Justin Smirk, Senior Economist at Westpac. He told a Business Advantage PNG briefing that the success of the 2021 National Budget depended on getting Papua New Guinea's non-resources economy firing.
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Travel plans: Papua New Guinea tourism sector looks to the future
23 Nov 2020 by 2 Comments
Tourism has been one of the biggest hit sectors in the current pandemic taking a global hit worth over $460 billion across the world. The 2020 National Tourism Industry Forum aims to help the troubled industry.
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