Opinion: why Papua New Guinean companies need to invest in training

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Michael Kingston, Chief Executive of K K Kingston, explores why companies should invest in training.  

In brief: Pacific Marine Industrial Zone gets the go ahead, and other business stories

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Government tells Chinese company to start building Madang’s Pacific Marine Industrial Zone, new Tourism Minister unimpressed with Tourism Promotion Authority and second LNG ship is named Kumul. Your weekly digest of the latest business news.

Wafi-Golpu gold mine ‘a boon’ for Morobe Province and Papua New Guinea, say business leaders

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Businesses in Morobe Province and Papua New Guinea will benefit immensely from the proposed Wafi-Golpu gold and copper mine, according to business leaders in Lae.

People moves: KK Kingston

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A new board Chairman and director at KK Kingston

‘One building at a time’: Papua New Guinea’s K K Kingston prepares for next wave after consolidation

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For the last 18 months, leading Lae manufacturer K K Kingston has been consolidating and restructuring. CEO Michael Kingston talks to Business Advantage PNG about the company’s strategy, his optimism for the future, and the issues facing businesses in Papua New Guinea.

Overcoming chronic lack of skilled tradespeople in Papua New Guinea requires more government funding, say industry leaders

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An analysis of foreign workers coming to Papua New Guinea since 2000 indicates a chronic lack of skilled tradespeople, according to Lae-based business leaders. While skills training initiatives are under way, an expected surge in mining projects over the next few years highlights the urgency for more skilled workers.

PNG Manufacturers look to the future

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There is no question that Papua New Guinea’s manufacturers-which account for about 9% of the country’s GDP – have been caught up in the general downturn in the country’s economy, with a combination of lower investment in the mining and petroleum sectors, lower commodity prices and a stronger currency slowing growth and reducing domestic demand.

Papua New Guinea manufacturers’ vote of confidence

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While Papua New Guinea’s economy has slowed in the past year, many of the country’s manufacturers continue to see growth as the longer-term trend, and are investing in new plant, new products and new marketing approaches.

Papua New Guinea’s manufacturers seek level playing field on cheap imports

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Cheap imports into Papua New Guinea are posing an increasing threat to local producers, with reports of foreign companies ‘dumping’ goods in PNG or under-declaring the value of imports.

Five questions for … Michael Kingston of K K Kingston

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Lae-based plastics, chemicals and consumer products manufacturer K K Kingston anticipates a productive 2014 after returning to its core business in 2013. Business Advantage PNG caught up with Michael Kingston, its General Manager.