Foreign exchange shortages still biting business in Papua New Guinea

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The Bank of Papua New Guinea expects a ‘windfall’ from higher international commodity prices to alleviate some of the country’s foreign exchange shortages. However, anecdotal evidence suggests the forex situation is actually getting worse.

Middle class growth brings opportunities to manufacturing in Papua New Guinea 

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With the world slowly going back to a ‘new normal’ and Papua New Guinea’s population growing, opportunities abound for Papua New Guinea’s manufacturers. If challenges can be addressed, they say, the future could look even brighter.

Papua New Guinea still a land of opportunity for manufacturers

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What does Papua New Guinea need to do to add more value to its produce? Chey Scovell, CEO of PNG’s Manufacturers Council has told a Business Advantage PNG briefing that the country is already doing better than many think, and that a ‘holistic’ approach is needed to boost the manufacturing sector further.

Making things harder: how manufacturers are adapting to Papua New Guinea’s pandemic trading landscape

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Chey Scovell, head of the Papua New Guinea Manufacturers Council, talks to Business Advantage PNG about how his sector is confronting the challenges of the new normal and an uneven playing field.

Papua New Guinea’s state of emergency extended by two weeks

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Parliament has voted to extend Papua New Guinea’s state of emergency by two weeks while it debates how the country will look when the restrictions are eventually eased.

COVID-19 arrives in Papua New Guinea: what now?

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With the first case of COVID-19 in PNG announced at the weekend, there are warnings there could be essential-item shortages and changed working conditions, but business has been preparing for its arrival.

How Papua New Guinea’s informal and local economy can get through the COVID-19 crisis

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The economic fallout from the coronavirus (COVID-19) is creating havoc across world markets and economies. According to the ratings agency Fitch, Papua New Guinea’s formal economy will be affected, but the story could be different for its informal and local economy.

Has trade protection assisted Papua New Guinea’s manufacturers? [opinion]

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University of Papua New Guinea’s Maholopa Laveil looks at the real impact of the government’s tariff policies on local manufacturers.

Boardroom briefing: the growth of ‘wellness tourism’, oil sector virus threat and plastic bag woes

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Papua New Guinea tourism could benefit from new ‘wellness’ trend, OPEC worries over coronavirus effect and plastic bag woes. Readings from around the world on business, leadership and management.

Papua New Guinea’s manufacturers face tough year [opinion]

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Chey Scovell, CEO of the Manufacturers Council of Papua New Guinea, argues that the country needs to control its costs and kickstart spending if manufacturing is to grow.