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.
Blast from the past: Papua New Guinea’s economy in 2020
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6 Mar 2020 by Leave a Comment
The year 2020 looks like being a watershed year for Papua New Guinea, with a number of transformative projects awaiting the green light and a new government seeking to implement an ambitious agenda.
Papua New Guinea’s economy needs progress on resources projects [opinion]
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14 Jan 2020 by 1 Comment
Waiting for the announcement of Papua New Guinea’s next resource project is taking a toll on the economy. The President of the Port Moresby Chamber of Commerce and Industry, Rio Fiocco, shares with Business Advantange PNG what this means for businesses of every size.
A tale of two cities: why successful investment in Lae is a boost for Port Moresby
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25 Sep 2019 by Leave a Comment
Lae, Papua New Guinea’s second-largest city, is again emerging as a key location for investment. Far from drawing investors away from capital Port Moresby, a buoyant Lae could actually be good for both cities, say representatives from the two cities’ business chambers.
In brief: Papua New Guinea could renegotiate the terms of Papua LNG and other business stories
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29 Jul 2019 by Leave a Comment
Papua New Guinea’s Minister for Petroleum suggests there could be changes to the Papua LNG agreement, Prime Minister James Marape visit to Australia and Air Niugini to put a fleet replacement plan in place. Your weekly digest of business news.
Meet the new CEO of the Port Moresby Chamber of Commerce and Industry
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3 Apr 2019 by Leave a Comment
The Port Moresby Chamber of Commerce and Industry, Papua New Guinea’s largest business chamber, has a new Chief Executive Officer. In an exclusive interview with Business Advantage PNG, Stacey O’Nea shares her plans for the future.
Papua New Guinea’s controversial proposed foreign investment bill to be withdrawn, say chambers
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13 Mar 2019 by 1 Comment
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.
People Moves: Digicel, Remington Group, Port Moresby Chamber of Commerce and Industry, Kina, Nambawan Super
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27 Feb 2019 by Leave a Comment
Digicel Papua New Guinea announces new head of HR, Remington Group welcomes a manager to its marketing team and POMCCI appoints a new CEO.
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