How should international businesses behave if they want to be successful in the Pacific? asked a recent Austrade survey. Adrian Weeks, Austrade’s Senior Trade & Investment Commissioner for Papua New Guinea and the Solomon Islands, outlines the thought-provoking results.
‘A hint of optimism’: Business Council says Papua New Guinea’s businesses are settling into new normal
Welcome,
12 May 2021 by Leave a Comment
There are signs of optimism in the Papua New Guinea business community, according to a survey of market conditions by the Business Council of Papua New Guinea. It suggests that, while the pandemic has exacted a severe financial toll, businesses have now ‘settled’ and are navigating the challenges of the new environment.
More jobs, better recovery strategy: what Papua New Guinea’s economy needs to thrive
Welcome,
10 Mar 2021 by Leave a Comment
The most important economic issue facing Papua New Guinea is job generation, according to Douveri Henao, Executive Director Business Council of PNG, and Paul Barker, Executive Director of the Institute of National Affairs.
‘Slow recovery’: Business Council of Papua New Guinea demands focus on economy
Welcome,
20 Oct 2020 by Leave a Comment
Business in Papua New Guinea has responded well to COVID-19 but is now facing a downturn at the lower end of expectations. David Toua, board member of the Business Council of Papua New Guinea says the focus now needs to turn to the economy.
In brief: Business Council reminds Papua New Guinea government to pay K2.8 billion debt and other business stories
Welcome,
12 Oct 2020 by Leave a Comment
Business Council reminds government of its K2.8 billion debt, Newcrest to be listed on Canada’s stock exchange and Papua New Guineans open up about the Zhenhua data breach. The business news you need to kickstart your week
Papua New Guinea businesses continue to struggle financially in COVID-19 crisis
Welcome,
7 Oct 2020 by Leave a Comment
The Business Council of Papua New Guinea’s second Market Conditions Survey has found almost eight out of ten respondents did not meet their projected revenue and profit results for the first half of 2020.
It’s time to devalue the kina, says Business Council
Welcome,
7 Sep 2020 by 14 Comments
The Business Council of Papua New Guinea has present its latest macroeconomic outlook, which outlines the risks faced by PNG’s economy and what business needs to recover from the COVID-19 downturn.
Sustainable Papua New Guinea: PM links progress to UN’s Sustainable Development Goals
Welcome,
27 Jul 2020 by Leave a Comment
COVID-19 may have impacted the progress of Papua New Guinea’s rollout of the UN’s Sustainable Development Goals, but Prime Minister James Marape has made it clear that sustainability and progress go hand in hand, and business must play a role.
Back to business: Papua New Guinea ends state of emergency
Welcome,
17 Jun 2020 by Leave a Comment
Trading is returning to a ‘new normal’ as Papua New Guinea’s COVID-19 state of emergency ends. But a recent survey conducted by the Business Council of PNG indicates a return to ‘business as usual’ will take time.
Papua New Guinea proposes foreign investment reforms
Welcome,
6 Feb 2019 by 3 Comments
Last month, the Papua New Guinea Government tabled the Foreign Investment Regulatory Authority Bill in Parliament. What is the bill designed to achieve and why is the business community concerned? Business Advantage PNG investigates.
USD 0.2840
AUD 0.4102
GBP 0.2294
EUR 0.2621
NZD 0.4426
JPY 36.67
SGD 0.3756
Recent readers’ comments