ICT

‘Fundamental change’ needed with Papua New Guinea state-owned enterprises

Kumul Consolidated Holdings, the holding company for Papua New Guinea’s state-owned enterprises (SOEs), has released its Year in Review. It says that 2018 has been ‘particularly difficult and challenging’ for the country's SOEs and that a fundamental change is necessary if the enterprises are to expand.
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Identifying digital opportunities Papua New Guinea’s focus during APEC, says Executive Director

The Executive Director of APEC, Alan Bollard tells Business Advantage PNG that finding digital solutions that suit Papua New Guinea has been a focus of APEC discussions. Trust and integrity will be key factors in implementation.
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Boosting digital economy key to developing Papua New Guinea’s MSMEs, entrepreneurs tell APEC forum

The development of micro and small and medium sized businesses (MSMEs) in Papua New Guinea requires innovation, cheaper internet access, embracing a digital economy and creating hubs for sharing ideas, entrepreneurs told an APEC discussion forum in Lae. They say without these elements the government’s goal of creating 500,000 SMEs by 2030 will not happen.
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How Supreme Industries has expanded in Papua New Guinea

Port Moresby-based retailer/wholesaler Supreme Group found itself needing products and services it couldn't source in Papua New Guinea, so it decided to create them. Group Managing Director Sanjay Shah,  tells Business Advantage PNG that the group has grown quickly and is anticipating more diversification.
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APEC partnership on bilums to boost Papua New Guinea technology sector

The co-founder of Port Moresby based software company Crysan, Crystal Krewe said a partnership with Google, the APEC Secretariats in PNG and Singapore, and the San Francisco-based Asia Foundation will aim to sell bilums on-line. Called the Digital Bilum Project, the aim will be to create an international presence.
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