Desmond Yaninen is President of the Micro, Small and Medium Enterprises (MSME) Council, as well as the founder of financial services firm, Pacifund. He passionately believes in the potential for Papua New Guinea to grow its economy and raise living standards by creating successful small businesses.
The prospects for a reopened Panguna copper mine have been boosted by a ‘joint resolution’ signed by landowners and the Autonomous Bougainville Government (ABG).
Landowner and provincial government-owned consortium Mineral Resources Enga has finally signed the Porgera Project Commencement Agreement, an essential step in the ongoing process to reopen the Porgera gold mine.
Newcrest’s Chief Operating Officer PNG, Craig Jones, talks with Business Advantage PNG about the future of Lihir gold mine and Wafi-Golpu, and the impact COVID-19 has had on its operations.
COVID-19 has taught us to think and act local. Food producers in Papua New Guinea are benefitting from a trend that appears here to stay.
Ground has been broken at the Ihu Special Economic Zone (ISEZ) in Papua New Guinea’s Gulf Province. Project Director Peter KenGemar says companies are already contemplating a move into the zone to take advantage of generous incentives.
This week saw the announcement of AUD$580 million (K1.45 billion) in financing support from Australia for Papua New Guinea’s ports. PNG Ports’ Managing Director Fego Ota Kiniafa outlines how the money will be spent and how the state-owned entity has managed the challenges of the past year.
Selling goods online is getting easier in Papua New Guinea, thanks to young entrepreneurs who have developed ecommerce solutions that promise to revolutionise business in the country.
What can we expect from Papua New Guinea’s 2022 National Elections? And what are the major challenges facing the winner? Stephen Howes considers.
Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.