A second major port in Papua New Guinea is expected to be completed in late 2019, says PNG Ports Corporation Managing Director, Stanley Alphonse. He tells Business Advantage PNG the K350 million project will include the greater Lae Tidal Basin Project and the Huon Industrial Park development in Lae.
Many businesses in Papua New Guinea are using the slow economic conditions to upgrade their computer systems, according to Steve Hillyard, General Manager in PNG for Pronto Software. He tells Business Advantage PNG that there is a reluctance to use cloud computing, however, due to network infrastructure reliability.
Granting more land titles over plantation smallholdings and National Housing Corporation housing stock, and freeing up land locked up in over 20,000 unresolved deceased estates could provide a real boost to Papua New Guinea’s small and medium enterprise (SME) sector. Dr Charles Yala, Principal & Director of Niugini Land and Properties, is calling for the more effective transfer of outstanding titles.
Papua New Guinea has some ambitious plans to expand its population’s access to electricity. However, boosting electricity supply across the country requires ‘some very clever thinking,’ say energy analysts.
The Governor of the Bank of Papua New Guinea, Loi Bakani, has told an APEC conference on improving financial literacy that the use of mobile phones for financial services is increasing sharply. But he said there is a need to strengthen consumer digital financial literacy and awareness in the country.
Managing the way your business appeals as a place to work is crucial to good human resource management, according to Kristine Berry, Director of the recruitment and HR company Peopleconnexion. She calls it the ’employer brand’. How good is yours?
The sluggish Papua New Guinea economy is triggering a bout of rationalisation, two of the recent examples being in the banking and manufacturing sectors.
The 2016 Paris Agreement, to which Papua New Guinea is a signatory, has committed governments across the globe to a low carbon future. What does that mean for business? Renowned climate expert Professor Tim Flannery tells Business Advantage PNG there will be enormous opportunities.
As Papua New Guinea moves into an era driven by technology, both business and the role of women in business are being transformed, Mollina Kapal tells Business Advantage PNG.
Treasurer Charles Abel said the rise of China is creating opportunities for Papua New Guinea. But he also pointed to potential risks and a need to develop PNG’s relationship with Australia.