Smart young things: Papua New Guinea brightest minds at work [part 2]

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Papua New Guinean entrepreneurs are challenging the status quo and seeking new opportunities to embrace change, give back to the community and help PNG’s economy thrive in the post-COVID world.

Smart young things: Papua New Guinea’s brightest minds at work [part 1]

Welcome,

Young Papua New Guinean entrepreneurs are helping to reactivate the country’s economy with new ideas and thriving projects. In this two-part special, meet some rising stars who are setting the pace for a reinvigorated innovation nation.

Kina readies fund to help Papua New Guinea’s SMEs unlock their potential

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Kina Bank’s Chief Executive and Managing Director Greg Pawson is expecting to start the SME Capital Fund this year, which will offer PNG businesses a new way of raising money. He tells Business Advantage PNG it should help business expand.

Work hard, adapt, dream: advice from Papua New Guinea’s SMEs

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Despite the problems 2020 posed for many of Papua New Guinea’s SMEs, some are entering 2021 with a bang. Business Advantage PNG asked them for their advice on how to thrive in tough times.

More than taxis: ODESH aims to create a new market for on-demand services in Papua New Guinea

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Finding a safe and reliable taxi service in Port Moresby can be an issue, but entrepreneur Isaac Jipsy has developed ODESH, an online solution that is changing the way taxi services operate in Papua New Guinea’s capital.

Towards a ‘Silicon Valley of the Pacific’: the PNG Digital ICT Cluster

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The tech sector Papua New Guinea is growing fast  but is constrained by a skills gap. Business Advantage PNG profiles the PNG Digital ICT Cluster, which is helping local tech talent reach its goals.

Money for something: Papua New Guinea SMEs should be cautious about loans

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SME Business Advisor Akae Beach, from Beach Accounting Advisory, looks at the pros and cons of taking part in the Papua New Guinea government’s SME concessional loan plan.

Building trust critical for a successful ecommerce, says digital agency founder

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Zha Agabe-Granfar, founder of Verge, a boutique digital and design solutions agency based in Port Moresby, shares her top advice for SMEs seeking to thrive in the digital space: trust is king.

In brief: Wafi-Golpu closes in on environmental permit and other business stories

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Wafi-Golpu close to environmental permit, Kina Bank to launch capital fund for SMEs and PNG LNG delivers its highest production moment yet despite the COVID-19 pandemic. The business news you need to kickstart your week.

Package delivered: government gives first K$100m to help Papua New Guinea SMEs

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The first half of the Papua New Government Government’s promised K200 million funding for small and medium-sized enterprises has been handed over to Bank South Pacific. The money will be used to provide subsidised business loans.