The COVID-19 crisis has forced companies in Papua New Guinea to find new ways of doing business. Matthew Care, Chief Executive and Founder of real estate portal Hausples, explains to Business Advantage PNG that his company has never been more innovative.
espite COVID challenges, last year was a ‘fairly extraordinary year’ in terms of growth for Papua New Guinea’s Brian Bell Group. Its CEO, Cameron MacKellar, during a Business Advantage webinar, revealed the company’s plan for 2021.
How have internet prices changed in Papua New Guinea since the introduction of the Coral Sea Cable? Researchers Amanda H A Watson, Picky Airi and Moses Sakai have been monitoring these changes and explain what happened during the second half of 2020.
The Australia government is suspending passenger flights from Papua New Guinea to Cairns, one of a number of measures that will impact business travel between the two countries. Meanwhile, PNG is getting ready for further COVID-19 mitigation measures.
The delaying of negotiations over ExxonMobil’s proposed plan to develop the P’nyang gas field has led analyst Fitch Solutions to downgrade Papua New Guinea’s LNG export projections.
Bank South Pacific has just announced its 2020 financial results amid tough trading conditions. CEO Robin Fleming talks to us about the bank’s plans for 2021, foreign exchange shortages, and the need for greater competition.
The most important economic issue facing Papua New Guinea is job generation, according to Douveri Henao, Executive Director Business Council of PNG, and Paul Barker, Executive Director of the Institute of National Affairs.
Papua New Guinea is ranked as the tenth worst destination for investment in mining, according to the Fraser Institute’s Survey of Mining Companies 2020. Infrastructure and security were nominated as areas of particular concern.
Mayur Resources’ mineral sands project at Orokolo Bay, Gulf Province, is close to commencing according to Managing Director Paul Mulder. He highlights the opportunities to Business Advantage PNG.
With the death of Grand Chief Sir Michael Somare – the man who led Papua New Guinea to independence in 1975 and became Papua New Guinea’s longest-serving member of parliament – the Pacific has lost one of its most prominent and respected leaders.