A new Chief Financial Officer at Nambawan Super, and board re-appointments at City Pharmacy Group
Entrepreneurs: Local developer’s mobile apps making it easier to do business in Papua New Guinea
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18 May 2016 by 8 Comments
From self-service to bringing buyers and sellers together, software developer Shadrach Jaungere’s smartphone apps are making it easier for Papua New Guineans to do business. And there are more to come, reports Kevin McQuillan.
First APEC Business Advisory Council meeting in Papua New Guinea kickstarts private sector involvement in APEC 2018
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11 May 2016 by Leave a Comment
E-commerce, empowering women in business and anti-dumping measures were highlights of last month’s APEC Business Advisory Council (ABAC) meeting in Port Moresby. Business Advantage PNG asked Douveri Henao, Lead Staffer for ABAC, for his response to the meeting.
Forex exemptions granted to Papua New Guinea insurers
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27 Apr 2016 by Leave a Comment
The Bank of PNG has granted exemptions to some PNG insurance companies from the tight foreign exchange restrictions, to enable the general insurers to meet their reinsurance commitments to international reinsurers.
Surging Japanese trade and Chinese investment to integrate Papua New Guinea into Asian region
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27 Apr 2016 by 1 Comment
Papua New Guinea’s first LNG project has transformed the country’s exporting landscape, with Japan overtaking Australia as its number one trading partner. China will also become a major source of funds, taking over from Australia and global lending agencies. But don’t expect the broader bilateral relationships to change quickly.
People moves: Kina Securities, Bank South Pacific, Credit Corp, Airswift
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27 Apr 2016 by
A new Director at Kina Securities, a new General Manager (HR) at BSP, the Group CEO of Credit Corp to retire and a new Country Manager at AirSwift
Nambawan Super expects low growth in 2016/2017, says CEO
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22 Mar 2016 by 3 Comments
The CEO of Papua New Guinea’s largest superannuation fund expects 2016/17 to be another year of low growth, with a pickup from 2018 onwards. Nambawan Super’s Garry Tunstall also tells Business Advantage PNG he expects the fund will slightly increase its international investments this year.
Business literacy skills and access to markets essential if Papua New Guinea SMEs are to develop, say business leaders
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22 Mar 2016 by 1 Comment
Boosting business literacy skills and opening up access to markets are at the heart of a successful SMEs policy for PNG, two influential business leaders tell Business Advantage PNG.
Papua New Guinea cocoa production rising but borer disease a constant threat
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16 Mar 2016 by 3 Comments
Papua New Guinea’s cocoa industry is recovering from the pest, but the cocoa pod borer (CPB) still presents a major challenge and is unlikely ever to be fully eradicated, Cocoa Board of PNG project manager John Moxon tells Business Advantage PNG.
Existing SMEs on new Reserve List of Papua New Guinea businesses will be bought out at current market value, says Minister
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9 Mar 2016 by 6 Comments
Trade, Commerce and Industry Minister Richard Maru says he is compiling a reserve list of businesses that may only be owned and operated by PNG nationals. While Maru has given no timeline for the reintroduction of the Reserve List, he says existing businesses will be bought out at the current value.
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