Papua New Guinea’s agricultural industries have great potential but operators have to learn to fend for themselves. That was the message at the 35th Australia Papua New Guinea Business Forum & Trade Expo in Port Moresby.
Industry sectors
Sola PayGo is a solar power company offering a pay-as-you-go system that is tackling the low levels of electrification in remote parts of Papua New Guinea. Adeshola Ore talks with Chief Executive Sundar Ramamurthy.
Regional insurer Capital Insurance Group has been growing rapidly as it develops a strong Pacific footprint. Group Chief Executive Officer Keith Land speaks with Business Advantage PNG about the keys to its success.
Pacific Towing is mirroring its business model in Papua New Guinea and the Solomon Islands in Fiji. The company expects to continue its expansion in the Pacific region and is betting in developing local talent to provide solutions for the industry. Sarah Byrne explores.
Port Moresby’s economic growth has given a much-needed boost to the construction and hospitality sector. Two hotels have opened in the past two years and the Crowne Plaza has plans to make its return in July, with a twist.
Papua New Guinea must ensure that it is at the front of the ‘queue’ in its LNG projects if it is to adapt to future volatility, according to Dr Fereidun Fesharaki, Founder and Chairman of the oil and gas consulting group Facts Global Energy (FGE). He predicts huge shifts in the oil and gas markets.
Vani Nades is the first Papua New Guinean to open a co-working hub for small-to-medium entrepreneurs in Port Moresby. Adeshola Ore chats with Nades about being an entrepreneur in PNG, and her plans for the future.
The coffee industry in Papua New Guinea is dealing with unusually low prices and poor production levels but there are significant opportunities, especially in commodity and speciality coffees. That was the view of speakers at the 2019 National Coffee Industry Symposium in Port Moresby.
Less than 5 per cent of Papua New Guinea businesses getting foreign exchange when they need it: poll
As far as business is concerned, Papua New Guinea’s foreign exchange challenges are far from over. That’s according to an exclusive Business Advantage PNG poll, which indicates the majority of businesses are still experiencing significant delays in meeting their foreign currency needs.
The World Bank has released a new report, which provides a bullish assessment on economic growth in Papua New Guinea. But it says the country’s dependence on natural resources is not generating sufficient jobs to absorb its growing population.