After ten years of exporting, Niugini Organics is now selling its certified organic coconut products domestically. It has required a very different approach, co-director Dennis Hill tells Business Advantage PNG.
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Papua New Guinea’s government is to review existing fishing policies to boost downstream processing and expand the market.
After the government’s endorsement of the Papua LNG Gas Agreement in September, attention has shifted to achieving a deal for the P’nyang gas project. Its developers see its pending approval as a prerequisite for the commencement of Papua LNG.
Business Advantage PNG receives a guided tour of one of the region’s leading digital consultancies, Deloitte Digital in Melbourne, and meets a digital evangelist with a passion for Papua New Guinea.
Papua New Guinea has been growing as a tourism destination, but the number of holiday travellers is still below regional competitors. A report suggests that to address this ‘holiday market gap’, PNG needs to develop a new skill.
The 20-year National Road Network Strategy to improve Papua New Guinea’s roads is about to begin. David Wereh, Secretary of the Department of Works & Implementation, says the strategy aims to address both maintenance of existing roads and building new connections.
Bank South Pacific is broadening its digital offering, according to Nuni Kulu, BSP’s General Manager, Digital. She told the 2019 Business Advantage Papua New Guinea Investment Conference that technology is driving big changes in the banking landscape.
Lae, Papua New Guinea’s second-largest city, is again emerging as a key location for investment. Far from drawing investors away from capital Port Moresby, a buoyant Lae could actually be good for both cities, say representatives from the two cities’ business chambers.
The International Finance Corporation is undertaking a scoping study of the Markham and Ramu valleys to assess agricultural opportunities in Papua New Guinea. The results will help to develop a win-win business model for agri-investors and customary landowners.
In recent times, Fijian companies have been attracted to Papua New Guinea because of the size of its market. There are plenty of reasons for PNG companies to look in the other direction.