Banking and finance

New way to pay: NiuPay drives online payments in Papua New Guinea

12 Aug 2020 by Gabriella Munoz 11 Comments

Fintech company NiuPay is making headlines with its e-government solutions and a recent partnership with Kina Bank. Business Advantage PNG meets its Director, James Inglis, to learn more about the business.
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Foreign investment in Papua New Guinea falls as Minister flags new laws

3 Aug 2020 by David James 6 Comments

Foreign direct investment into Papua New Guinea dropped in the first quarter of 2020, according to Investment Promotion Authority figures. Meanwhile, business expresses concern over proposed changes to PNG's investment laws.
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Why Papua New Guinea may never benefit from China’s Belt and Road

22 Jul 2020 by David James 1 Comment

Papua New Guinea signed up to China’s Belt and Road initiative in 2018 but this is unlikely to result in significant investment, according to Dinny McMahon, author of China's Great Wall of Debt.
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Cashless conversion: Papua New Guinea gets ready for an ecommerce revolution

22 Jun 2020 by Paul Chai 5 Comments

The Coral Sea Cable has landed and the pandemic has forced more businesses to go online, so has ecommerce’s time finally come in PNG? Business Advantage PNG’s latest business briefing asks some of the experts.
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Trade slump: how border closures affect Papua New Guinea’s exports

25 May 2020 by David James Leave a Comment

Papua New Guinea’s trade is likely to be sharply affected by the COVID-19 crisis and the closure of international borders, according to a report by the National Research Institute. It makes suggestions about how PNG’s traded sector can be supported.
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‘Crisis breeds innovation’: Tapioca Delight launches new online payment system

6 May 2020 by Gabriella Munoz Leave a Comment

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.
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Headed for recession: bank and rating agencies’ bleak forecast for Papua New Guinea in 2020

6 May 2020 by David James Leave a Comment

Economists are forecasting a recession in PNG in 2020 as the country struggles to deal with the global crisis caused by the outbreak of the COVID-19 virus. The ratings agency Standard & Poor’s has also downgraded the country’s debt.
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How Papua New Guinea’s crisis in business funding could be solved

27 Apr 2020 by David James 2 Comments

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.
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Explainer: Papua New Guinea’s stimulus package relying on overstretched IMF

6 Apr 2020 by David James 1 Comment

Papua New Guinea’s government has announced its Budget deficit will balloon to more than K6 billion, the biggest in the nation’s history. Treasurer Ian Ling-Stuckey has announced a well-targeted stimulus, but the International Monetary Fund needs to come to the party.
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Futurist Chris Riddell announced as keynote speaker for 2024 PNG Investment Conference
We are delighted to announce that futurist Chris Riddell, former Chief Digital Officer at Mars, will be providing the keynote address on Day 1 of the 2024 Papua New Guinea Investment Conference (12 & 13 August in Brisbane). Chris is a recognised trend spotter, frequent media commentator, and digital expert with unparalleled insights into emerging […]
CEO Survey suggests PNG business is less bullish, but still planning to invest
The 2024 results of Papua New Guinea’s annual business confidence survey, the PNG 100 CEO Survey, are out. Since 2012, the data collected by the PNG 100 CEO Survey has revealed trends in business confidence among PNG’s business leaders. Analysis of the survey data by Westpac has led to the creation of PNG’s first business […]
Whatever the size of your organisation, your brand matters
International branding expert Sergio Brodsky told delegates at the recent Innovation PNG 2023 conference why their organisation’s brand matters – and there’s a lot more to it than just your logo. The post Whatever the size of your organisation, your brand matters appeared first on Business Advantage International.

Banking and finance

New way to pay: NiuPay drives online payments in Papua New Guinea

Foreign investment in Papua New Guinea falls as Minister flags new laws

Why Papua New Guinea may never benefit from China’s Belt and Road

Cashless conversion: Papua New Guinea gets ready for an ecommerce revolution

Trade slump: how border closures affect Papua New Guinea’s exports

‘Crisis breeds innovation’: Tapioca Delight launches new online payment system

Headed for recession: bank and rating agencies’ bleak forecast for Papua New Guinea in 2020

How Papua New Guinea’s crisis in business funding could be solved

Explainer: Papua New Guinea’s stimulus package relying on overstretched IMF

Papua New Guinea’s state of emergency extended for two more months

Editor’s picks

Economic update: Papua New Guinea’s decade of growth begins

Restaurant review: Lucky Lucky, Port Moresby

Papua New Guinea’s banks embrace a digital future

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

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