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.
Foreign exchange shortages still biting business in Papua New Guinea
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27 Oct 2022 by 1 Comment
People moves: Barrick (Niugini) Limited, POMCCI, PNG Chamber of Mines & Petroleum
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5 Oct 2022 by Leave a Comment
Barrick announces Country Manager for Papua New Guinea Operations, POMCCI welcomes new Chief Executive Officer and PNG Chamber of Mines & Petroleum appoints COO.
What does Papua New Guinea business want from the new Marape government?
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5 Oct 2022 by Leave a Comment
With its majority established in Parliament and its ministry appointed, Papua New Guinea’s Marape government is now getting back to the business of running the country. Key business leaders tell Business Advantage PNG what they think its priorities should be.
Delta spike challenging business plans in Papua New Guinea
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26 Oct 2021 by Leave a Comment
While businesses have adjusted to Papua New Guinea’s Niupela Pasin protocols for managing COVID-19, the delta strain is proving a major challenge. Business Advantage PNG examines how the business community is responding.
Foreign exchange the ‘number one’ concern for Papua New Guinea business, says Chamber head
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8 Feb 2021 by Leave a Comment
In this exclusive interview with Business Advantage PNG, Port Moresby Chamber of Commerce and Industry President Rio Fiocco, outlines the numerous challenges facing business in Papua New Guinea as 2021 gets under way.
Living with the virus: what Papua New Guinea’s ‘niupela pasin’ looks like
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17 Aug 2020 by Leave a Comment
The Port Moresby ‘lockdown’ is over and Prime Minister James Marape has said that Papua New Guinea will have to ‘adjust to living with COVID-19’. Eleven new measures will help show the way for business and PNG citizens alike.
People moves: Geopacific Resources, POMCCI, Newcrest, Coastal Shipowners Association
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5 Aug 2020 by Leave a Comment
Geopacific Resources elects a Non-Executive Director, the Port Moresby Chamber of Commerce and Industry (POMCCI) announces its Board composition for 2020 – 2021, Newcrest mining appoints a new Company Secretary.
Business chambers to Treasury: business needs your help
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11 May 2020 by Leave a Comment
As the government seeks to start disbursing the funds raised by its COVID-19 bond, the presidents of Papua New Guinea’s two largest business chambers tell Business Advantage PNG they are looking for a stimulus package ‘with teeth’.
‘On their knees’: Papua New Guinea SMEs closing daily under lockdown
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20 Apr 2020 by Leave a Comment
The presidents of Papua New Guinea’s two largest business chambers, in Port Moresby and Lae, outline the difficulty for business of life under lockdown, but also point to how PNG’s economy can bounce back from the current crisis.
COVID-19 arrives in Papua New Guinea: what now?
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23 Mar 2020 by 4 Comments
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.
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