Motor industry undergoing ‘once-in-century transformation’, says Ela Motors CEO

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Toyota Tsusho (PNG) Ltd, better known as Ela Motors, is Papua New Guinea’s largest vehicle retailer, with a market share of around fifty percent. Its CEO, Mitsuyoshi Okutsu, discusses the impact of COVID-19, new investment plans and how technology is transforming the motor industry.

People moves: Credit Corporation PNG, Ela Motors, PNG Air, Employers Federation, IFC

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Credit Corporation announces a Chief Operating Officer, Ela Motors welcomes its CEO, the Employers Federation of Papua New Guinea announces a new head, PNG Air appoints an Acting CEO and Solomon Islands gets a new IFC Country Officer.

In brief: CPL recovering from fire at headquarters and warehouse, and other business stories

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‘Too early’ to identify cause of fire at country’s largest retailer’s headquarters and warehouse, assessment of submarine cable underway, and Competition Commission says InterOil takeover may affect market for pipelines. Your weekly digest of the latest business news.

Yamaha’s Papua New Guinea boat manufacturing setting new standards, says Ela Motors CEO

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Where in the world is Yamaha’s biggest boat manufacturing project? It’s in Papua New Guinea, Takeshi Abe, Chief Executive Officer of Ela Motors, tells Business Advantage PNG. He says a new 23-footer boat has been specifically designed to meet PNG flotation standards—and it’s being made in-country.

People moves: Ela Motors

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Change of guard at Ela Motors

Ela Motors takes long-term view of Papua New Guinea market

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Papua New Guinea’s largest motor dealer, Ela Motors, is planning further investment in Papua New Guinea as part of moves to bolster its already-strong position in the domestic vehicle market.

People moves: PNG Dataco, Ela Motors and Harmony Gold

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Dataco board chair and MD appointments, a retirement at Ela Motors and a new Chief Operating Officer for Harmony Gold.

In brief: new Petroleum Minister, Oil Search bond buyback and other stories

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PNG’s new Petroleum Minister, officials in Abu Dhabi to negotiate Oil Search bond buyback, and the cost of Manus Detention Centre detailed. Your weekly digest of the latest business news.

Time to focus on customer service and developing local managers

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With Papua New Guinea’s economy slowing, there are more companies chasing fewer opportunities. How to ensure your business gets the job? The answers are good customer service and developing local talent, according to management consultant Robert de Loryn.

Business backs Buk bilong Pikinini

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Papua New Guinea’s business community has rallied round Buk bilong Pikinini (BbP), a charity dedicated to bringing literacy to children through libraries.