Kina Petroleum’s Australian based secretarial responsibilities will be assumed by Alex Mitchell, the company’s Chief Financial Officer.
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Shortage of foreign exchange hindering investment, concerns about Customs procedures and the Crowne Plaza Port Moresby hotel up for sale. Your weekly digest of the latest business news.
The minimum wage in PNG will rise to K3.50 an hour from 1 July, from the current rate of K3.36.
Difficult economic conditions can be a time for committed companies to expand market share and establish themselves for the long term. Mikael Ruben, Managing Director of paint manufacturer AkzoNobel tells Business Advantage PNG his company sees the need to remain aggressive in Papua New Guinea.
Businesses routinely cite law and order as their single most important challenge in Papua New Guinea. John Bellinger, CEO of PNG’s largest security firm, Guard Dog Group, provides five tips that can help any business manage its exposure to security risk in PNG.
New Chief Executives for Advance Cairns
Finance minister Marape says PNG economy ‘doing well’, European Investment Bank invests in PNG for first time in 21 years and Memorandum of Agreements to be presented for seven copper and gold mines. Your weekly digest of the latest business news.
The Bank of Papua New Guinea recently released its December 2015 Quarterly Economic Bulletin, which provides a snapshot of the nation’s economic and financial performance over 2015. Business Advantage PNG provides five key insights.
Traditionally a producer of beverages, spirits, liquors, juices and coffee, Vitis Industries is now producing its own range of beers. Already two are on the market, with another five about to go on sale.
With Papua New Guinea’s soon-to-be-completed National Transmission Network likely to bring improved internet speeds and reliability by the end of the year more PNG companies are expected to explore the possibility of selling goods and services online. Andrew Wilkins looks at the potential for ecommerce.