The General Manager of Port Moresby’s Airways Hotel, Sushil Gordon, tells Business Advantage PNG that increased competition will be a boost to Papua New Guinea’s whole hospitality sector. He says next year’s APEC meeting represents a great opportunity.
Two key events before year’s end are likely to decide the timeline for the rebuilding of the Panguna copper mine on Bougainville Island. The Chairman of Bougainville Copper Limited, Rob Burns also tells Business Advantage PNG two board appointments last month (Oct) is part of the company’s strategic development.
There are compelling reasons to boost Papua New Guinea’s agriculture sector, according to two executives in Innovative Agro Industry. It can reduce reliance on imports and provide jobs to a country full of dedicated farmers.
Papua New Guinea has the opportunity to take the lead in blockchain technologies, says the former Chief Information Officer at Kina Securities, Aaron Bird. The technology, he says, can be used for much more than cryptocurrencies such as bitcoin.
Home building in Papua New Guinea is set to accelerate sharply, according to Matthew Care, Chief Executive and founder of the real estate website Hausples.com.pg, which has an expo in Port Moresby this weekend. He tells Business Advantage PNG that the growth is being driven by pent-up demand.
The Asian Development Bank has begun its decade-long US$1 billion investment in the Highlands Highway, according to David Hill, the bank’s Country Director for PNG. He says the ADB is also planning significant investment in the health and civil aviation sectors.
The government-owned Port Moresby water treatment company Eda Ranu is looking to bring more of its operations in-house. Chairperson Mary Karo tells Business Advantage PNG that preparations are also being made for APEC 2018.
As Horizon Oil awaits government and regulatory approval for their mid-sized Western LNG project, CEO Brent Emmett says it is considering using Kumul Petroleum’s alternative pipeline proposal, but wants assurances the pipeline is viable before committing.
While finance or access to capital is an issue for young entrepreneurs, you can build a business with little to no capital, says Roberta Morlin, founder and co-owner of KLM Consulting, which provides marketing research and technology consulting. But financial literacy is the key, adds Melbourne consultant, David Martin.
The next health care challenge for Papua New Guinea authorities are the afflictions of modern society, says Myles Neri, Group Medical Director of International SOS. They include heart disease, stroke and cancer.