Papua New Guinea’s Pacific Industries has created the wildly popular homegrown soft drink GoGo Cola. Now, the company has won the rights to manufacture Pepsi products in PNG and is also set to expand into China. Kevin McQuillan reports.
China
China’s new airport to open in September, a social robot could help train employees in the near future and corporate tax avoidance hits Papua New Guinea. Readings from around the world on business, leadership and management.
During a visit to the Solomon Islands last month, Australia’s Prime Minister, Scott Morrison, announced a 10-year AUD$250 million (K582 million) package for infrastructure. Kevin McQuillan explores Australia’s Pacific ‘Step Up’ policy.
Treasurer Charles Abel said the rise of China is creating opportunities for Papua New Guinea. But he also pointed to potential risks and a need to develop PNG’s relationship with Australia.
Dual citizenship almost a reality, Wereh outlines the impact of climate change on road design and funding, and the cost to business of family violence revealed. Your weekly digest of the latest business news.
Papua New Guinea’s largest bank considers dual listing, ADB outlook for PNG ‘positive’, and Santos restructures. Your weekly digest of the latest business news.
O’Neill not interested in buying Rio Tinto’s 53% of Bougainville Copper Limited, central bank governor warns government to restrain spending, and kina falls against most currencies in September quarter. Your weekly digest of the latest business news.
China’s economy has promising prospects even as it adapts to a ‘new normal’ stage of its economic development. So what impact will a lower Chinese growth rate have on Papua New Guinea? Business Advantage PNG asks three regional analysts.
David Morris is the Pacific’s new Trade Commissioner to Beijing. He talks to Business Advantage PNG about the changing nature of China’s economy and the trade and investment opportunities for the Pacific Islands that can arise from being part of China’s new ‘Maritime Silk Road’.
Pacific leaders have been the recipients of largesse from India’s Prime Minister and China’s President, who met in Fiji last week. Meanwhile, a new ANZ report details the increasingly close links between China’s aid and its investment in the Pacific.