Papua New Guinea online business briefings

Welcome,

Each month, we chat to a variety of business leaders and experts to get a better understanding of the key issues affecting business in Papua New Guinea. On this page, you’ll find details of past and future briefings, including how to attend, and how to watch previous briefings.

Briefing 11: June 2021 (24 June at 10am Port Moresby time/AEST (UTC+10)

PNG’s Marape government has called more investment in value-adding and downstream-processing, as the country seeks to create jobs and add value to the commodities it produces.  This month, we discuss the challenges of achieving this goal with the CEO of Papua New Guinea’s Manufacturers Council, Chey Scovell.

Also this month, we discuss the progress of PNG’s vaccine rollout with Dr Ann Clark from NGO, Businesses 4 Health. Ann will be giving advice on how to address vaccine hesitancy in the workplace.

Finally, in our ‘Inside View’ segment, we’ll hear from Kina Bank’s Executive General Manager Lending, Asi Nauna. Kina is one of PNG’s largest lenders, with a loan book of around K1.6 billion. What are lending conditions like right now in the country’s and what to potential businesses need to do to successfully borrow from PNG’s banks?

This month’s guests include:

  • Chey Scovell (CEO, Manufacturers Council of PNG)
  • Dr Ann Clark (Project Manager, Businesses 4 Health Papua New Guinea)
  • Asi Nauna (Executive General Manager Lending, Kina Bank)

Register to join the discussion live here.

Briefing 10: The Business Advantage/Westpac The PNG 100 CEO Survey (22 May 2021)

Every year for the past 10 years, we have asked PNG’s top companies these questions in our annual PNG 100 CEO Survey:

  • How did PNG’s largest companies fare in 2020 and what are their profit expectations for 2021?
  • What are their investment plans?
  • Will they be hiring or firing this year?
  • What are the major impediments they face, and what impact are these having on business confidence?

It’s time to share their answers with you.

Joining us to discuss the survey results were:

  • Justin Smirk, Senior Economist, Westpac
  • Brett Hooker, Managing Director, Westpac PNG
  • John Byrne, President, Lae Chamber of Commerce

Our special guest was Tony Waters, Senior Sales Director for telecommunications provider, Speedcast, who outlined some of the new telecommunications technology available in PNG.

  • To see the full briefing on our Youtube channel, click here.
  • To view only the Inside View segment with Tony Waters, click here.

Coverage of this event:


Briefing 9: Papua New Guinea Telecommunications Update (10 May 2021)

The task of building Papua New Guinea’s National Transmission Network (NTN) – the country’s internet backbone – is a work-in-progress.

  • How is the NTN progressing and what expansion can we expect this year?
  • What are prospects for reduced prices and improved stability?
  • What opportunities is the NTN opening up for businesses in PNG?
  • What are the prospects for greater competition in PNG’s ICT sector?

In this online briefing, we get the bottom of these and other questions.

Our participants:

  • Paul Komboi, Managing Director, PNG DataCo Ltd
  • Dr Amanda Watson, Research Fellow, Department of Pacific Affairs, Australian National University. (Together with her University of PNG and Divine Word University colleagues, Dr Watson runs a rolling pricing survey on the cost of mobile data in PNG.)

To see the full briefing on our Youtube channel, click here.

Coverage of this event:

This briefing sponsored by Speedcast


Briefing 8: Papua New Guinea’s Energy Outlook for 2021

Nothing is more vital to Papua New Guinea’s economic future than a strong, reliable supply of energy.

While challenges undoubtedly remain, PNG’s energy sector is changing, with new investment in power generation, new energy sources, and new regulatory frameworks on their way.

Join our experts to discuss the outlook for the sector in 2021.

Our participants:

  • Flagon Bekker, Managing Director, PNG Power Ltd
  • Hulala Tokome, PNG Country Manager & Director, Puma Energy

Moderated by Andrew Wilkins, Publishing Director, Business Advantage International

  • To see the full briefing on our Youtube channel, click here.
  • To view only the Inside View segment with Hulala Tokome only, click here.

This briefing is sponsored by Kina Bank


Briefing 7: PNG’s Economic and Business Outlook for 2021 (25 February 2021)

What are the prospects for PNG’s economy in 2021? Where will the growth be and what challenges will business face? Join our panel of experts for a critical and informed briefing. Brought to you by PNG’s leading business magazine.

Our participants:

  • Ilyas Sarsenov (PNG Country Economist, The World Bank)
  • Douveri Henao (Executive Director, Business Council of PNG)
  • Paul Barker (Executive Director, PNG Institute of National Affairs)
  • Cameron Mackellar (CEO, Brian Bell Group)

in conversation with Business Advantage International’s Publishing Director, Andrew Wilkins.

  • To see the full briefing on our Youtube channel, click here.
  • To view only the Inside View segment with Cameron Mackellar, click here.

This briefing is kindly sponsored by KPMG.


Briefing 6: PNG’s 2021 National Budget: a special online business briefing
(19 November)

The 2021 National Budget has now been passed by Papua New Guinea’s Parliament.

As the PNG Treasury’s Budget Strategy Paper suggests, this budget will play a critical role in returning PNG’s economy to positive growth in 2021 and managing larger government deficit and debt.

In this special online briefing, our panel of experts summarise the budget measures and share their informed views on its implications for business, the economy and taxation.

Our participants:

  • Justin Smirk (Senior Economist, Westpac)
  • Douveri Henao (Executive Director, Business Council of PNG
  • Wayne Osterberg (Director – Advisory Services, KPMG PNG)
  • Karen McEntee (Tax Partner, KPMG PNG)

in conversation with Business Advantage International Publishing Director, Andrew Wilkins.

To see the full briefing, click here to see it on our YouTube channel.

This briefing sponsored by the new PNG 1000 Business Directory.


Briefing 5: Adaptation, Innovation and Leadership: is your business ready for the new normal?
(22 October 2020)

The COVD-19 pandemic has presented Papua New Guinea business with a unique set of challenges. Adapting to the niupela pasin, or ‘new normal’, will require all of us to adapt, innovate, and lead in new ways. In this special online briefing, the heads of three of PNG’s leading companies discuss how they are approaching this challenge in their own businesses and what the prospects for growth are for the year ahead.

Our speakers:

  • James Rice, CEO, Paradise Foods
  • Rupert Bray, CEO, Steamships
  • Greg Pawson, CEO, Kina Bank

Related news story:

This free event is kindly sponsored by KPMG.


Briefing 4: PNG Infrastructure Update (10 September 2020)

The PNG Government is looking to its international development partners to support its long-term plans for infrastructure development.

This hour-long online briefing with two major infrastructure investors reviews the progress of some of PNG’s major current infrastructure projects, and also outline the opportunities for future investment in PNG’s roads, power, ports, telecommunications and aviation.

This session is essential viewing for any investor currently looking to invest in infrastructure in PNG, or businesses looking to supply products or services to existing and future infrastructure projects.

Our speakers:

  • David Hill, the Country Director of the largest international investor in PNG infrastructure, the Asian Development Bank
  • Benedict David (Head) and Robert Jauncey (Chief Investment Officer) from the recently-established A$2 billion Australian Infrastructure Finance Facility for the Pacific

To see the full briefing, click here to see it on our Youtube channel.Related news stories:

This free event kindly sponsored by Westpac PNG.


Briefing 3: Economic update on Papua New Guinea (19 July 2020)

The world economy has changed vastly due to COVID-19 and Papua New Guinea has been affected too.

Our experts, Ilyas Sarsenov (the World Bank’s Country Economist for PNG) and Scott Roger (PNG Mission Chief for the International Monetary Fund) provide an update on the state of PNG’s economy and look at its prospects for the coming year. Kindly sponsored by KPMG.

To see the full briefing, click here to see it on our Youtube channel.

Additional resources:

  • PDF of Ilyas Sarsenov’s slides from this presentation
  • Answers provided by our speakers to questions posed during the briefing

Related news stories:


Briefing 2: Ecommerce in PNG: it’s time! (18 June 2020)

Greater internet access, improved connectivity, and new online payment technology means it’s the time for Papua New Guinea business to get serious about ecommerce.

Business Advantage PNG‘s panel of experts discusses ecommerce models that work in PNG and the current and future technologies that will get you doing business online.

Speakers: Samson Korawali (PNG tech entrepreneur and founder of reelae.com), Belinda Manning (Head of Digital – Implementation and Performance, Bank South Pacific) and Bosa Togs (Head of IT, Telikom PNG). Kindly sponsored by KPMG.

To see the full briefing, click here to see it on our Youtube channel.Related news stories:


Briefing 1: Managing your business during PNG’s COVID-19 crises (21 May 2020)

The first in a series of Business Advantage PNG online business briefings tackled the issue of managing your business during the COVID-19 crisis.

Mahesh Patel (CEO of CPL Group) and Wayne Osterberg (KPMG PNG’s Director Advisory Services) looked at the critical issues during Papua New Guinea’s state of emergency. Kindly sponsored by Airways Hotel.

To see the full briefing, click here to see it on our Youtube channel.Related news stories:


Business Advantage International acknowledges the support of the City of Melbourne for this program.