The great unknown: survey suggests uncertainty the biggest threat to Papua New Guinean businesses

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Over two-thirds of Papua New Guinean businesses have experienced a ‘very negative’ impact from the COVID-19 crisis, according to a recent survey. Uncertainty over the duration of the crisis is considered to be the greatest challenge.

In brief: Papua New Guinea confirms six new cases of COVID-19 and other business stories

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Papua New Guinea’s COVID-19 cases on the rise, Twinza Oil commences negotiations on Pasca-A, and K135 million for agriculture. The business news you need to kickstart your week.

People moves: National Executive Council, Airswift, PNG Air, Lae, Bougainville, Pacific Trade Invest

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The National Executive Council appoints a new Petroleum and Energy Secretary, Airswift announces a General Counsel, PNG Air gets a new Chief Financial Officer, Lae names a District Administrator, the Autonomous Region of Bougainville re-shuffles its cabinet and an Acting Trade Commissioner joins Pacific Trade Invest New Zealand.

Pacific Island exporters expecting boost in orders and looking to Asia, study finds

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A study by Pacific Trade Invest, the Pacific Islands Export Survey 2018, has found that 70 per cent of Pacific Island exporters expect to have an increase in orders over the next year. It found that Australia and New Zealand remain the two major markets outside the region, although there is growing interest in Asia.

In brief: Government dispels Australia’s China fears, and other business stories

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Nothing to fear from Chinese influence, hydrocarbon discoveries, and Twinza Oil investment decisions. Your weekly digest of the latest business news.

Pacific exporters’ confidence high, says survey

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A survey of exporters in the Pacific Region has found that business confidence has increased. Although they are exporting to fewer countries the total number of exports has risen since 2014.

People moves: Bank South Pacific, Pacific Trade Office

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Bank South Pacific appoints brand ambassador, Pacific Chief Trade Adviser moves on.

In brief: Agriculture Minister calls for annual 10% Budget investment in sector and other business stories

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Tomscoll says government must invest in agriculture if the economy is to survive, government waiting for Chinese funding of PMIZ a year after launch, and O’Neill discusses closer ties with Thailand. Your weekly digest of the latest business news.