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.
Manufacturers Council of PNG
The CEO of the Manufacturers Council of Papua New Guinea, Chey Scovell, says the impending 31 January deadline on the use of plastic bags is causing confusion for local business.
A profile of the manufacturing sector in Papua New Guinea, including an overview, key players, the Manufacturers Council and incentives.
Things are looking up for Papua New Guinea’s manufacturing sector and moves are afoot to develop strategies to foster local companies. David James profiles the sector.
As part of its effort to diversify the economy, the Government has shifted to subsidising fish processing in Papua New Guinea, rather than subsidising the catching of fish. It is one of the changes occurring in the industry. Three manufacturers talk about the changes and challenges PNG’s fish processing industry is facing.
The Chief Executive of the Manufacturers Council of Papua New Guinea, Chey Scovell, has given an upbeat assessment of the prospects for the manufacturing sector. He tells Business Advantage PNG that the mood, while cautious, is becoming more optimistic.
The proposed Foreign Investment Regulatory Authority Act has been withdrawn, according to Papua New Guinea’s two largest Chambers of Commerce and Industry. They say that the Minister for Commerce & Industry, Wera Mori, would instead look to amend the Investment Promotion Act.
Business concern about Papua New Guinea’s new foreign investment laws, a new strategy to develop the financial sector and Oil Search CEO receives award. Your weekly digest of the latest business news.
Mooted public holidays during APEC, Budget support loans from the ADB and World Bank coming, and a new focus on monetising the okari nut. Your weekly digest of the latest business news.
Fiji’s trade Minister lifts ban on PNG food products, K65 million sought to contain coffee berry borer, and O’Neill warns of crackdown on companies not paying taxes. Your weekly digest of the latest business news