The global handicraft market is worth $US38 billion and ‘profit-for-purpose’ enterprise REAL Impact is making sure Papua New Guinean artisans are getting their fair share. Lisa Smyth reports.
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Business Advantage’s PNG 100 CEO Survey of chief executives in Papua New Guinea’s biggest companies found that last year’s profit expectations were ‘broadly met’ and that business leaders remain positive and confident in 2019.
One of Papua New Guinea’s oldest and largest companies is focusing on expanding its hotel and property interests, according to Managing Director, Michael Scantlebury. He tells Business Advantage PNG an uplift in PNG’s economic outlook is providing fresh investment impetus.
Also referred to as the Admiralty Islands, Manus Province comprises 18-plus islands covering about 2000 square kilometres of land and 220,000 square kilometres of sea. It is Papua New Guinea’s smallest province. Manus Island is the largest of the islands.
Massive growth in participation has forced the Papau New Guinea Government to come up with new strategies for the finance sector and financial inclusion. Business Advantage PNG’s David James reviews the strategies and finds a greatly enhanced role for the central bank.
Collaboration between Papua New Guinea’s Petroleum and Energy Sector will be the theme of the third CWC Papua New Guinea Petroleum and Energy Summit. The event will feature updates and discussions on expansion opportunities in the country’s energy sector.
Papua New Guinea’s Prime Minister has announced a US$13 million airport in Mendi and Moody’s has changed the country’s issuer ratings from negative to stable. Your weekly digest of the latest business news.
Changes at Air Niugini, new regional CEO at Digicel.
After years of low growth, the Pacific’s largest economy is looking to benefit from new resources and infrastructure investment—plus a dividend from hosting APEC 2018. Business Advantage PNG’s Andrew Wilkins talks with Papua New Guinea’s business leaders about the year ahead.
With only 10 years of estimated current mine life, Ok Tedi Mining is working hard to optimise production and maximise profit at Papua New Guinea’s largest copper mine, says CEO Peter Graham.