Gender inequality and domestic violence are not just social issues in Papua New Guinea; they are also a challenge for business. Frank Sullivan, General Manager of Guard Dog Security Services, explains what PNG’s largest security firm is doing to address the issue.
The government announces the board of the new SME Corporation, a new General Manager at Link PNG, a new chief of staff for the PM, and two new board members at the PNG Chamber of Mines and Petroleum
Sir Mekere Morauta calls for ‘genuine government effort’ to resolve K2 billion dispute, IFC approves credit facility and Manus business leaders want to be treated as a ‘special case’, if detention camps close. Your weekly digest of the latest business news.
The hosting of the APEC Summit in Port Moresby in 2018 has sparked a flurry of investment in tourism infrastructure. It promises to kick start the country’s tourism industry as the nation’s capital gets more hotel rooms, airports are upgraded and a new tourism minister takes the helm.
There are many challenges facing Papua New Guinea but which are the most critical to address first? In the first of a two-part series, Jenny Hayward-Jones outlines seven key issues that confront the nation’s emerging leaders. In the second part, she identifies which areas to target first. Trying to solve all of them at the same time, she believes, will not deliver the progress Papua New Guineans expect.
France’s Total SA has confirmed its plans to commence construction for Papua LNG, the country’s next big liquefied natural gas project. Business Advantage PNG spoke with Philippe Blanchard, Managing Director of its PNG subsidiary, Total E&P PNG, to learn more about its race to start construction in 2018.
In an environment of plummeting interest rates, long term infrastructure investment is a sound option for both investors and governments. Financial and business commentator Michael Pascoe, speaking in Port Moresby last week, noted that the difficult global financial environment throws up opportunities for countries like Papua New Guinea.
The Bank of PNG has granted exemptions to some PNG insurance companies from the tight foreign exchange restrictions, to enable the general insurers to meet their reinsurance commitments to international reinsurers.
Bank South Pacific’s SME manager, Dennis Konu, explains the bank’s innovative SME strategy and how he is relishing his role with the APEC Business Advisory Council (ABAC).
Moody’s downgrades Papua New Guinea ratings, National Broadband Network to be launched by year’s end, and warnings of a ‘crisis’ in the oil services industry. Your weekly digest of the latest business news.