Supply chain causing major stress for Papua New Guinea’s businesses

Welcome,

Global supply chain issues are having a major impact on many businesses in Papua New Guinea. Business leaders tell Business Advantage PNG that delivery delays and higher costs are causing some projects to be slowed or even postponed in key sectors. There are signs, however, that the global situation is improving.

‘Exponential growth’ for Papua New Guinea’s construction sector, says Monier’s CEO

Welcome,

Papua New Guinea’s construction sector is on the move thanks to major new public investment in infrastructure, according to George Constantinou, head of Monier Limited and Hebou Construction at the Constantinou Group of Companies.

Monier focuses on quality as it prepares for next phase of Papua New Guinea infrastructure development

Welcome,

Monier is Papua New Guinea’s largest producer of construction and building materials. In PNG’s demanding environment, a focus on quality has been key to its success.

In brief: BSP bid to buy Westpac Vanuatu rejected, and other business stories

Welcome,

Vanuatu’s Reserve Bank rejects sale of Westpac Vanuatu to BSP, Airlines PNG invited to fly into Samoa and ‘show cause’ notice issued over slow progress of new Lae highway. Your weekly digest of the latest business news.

People moves: International Finance Corporation, Independent Public Business Corporation

Welcome,

IFC’s PNG Country Coordinator moves on, new Business & Community Manager at IPBC