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The rioting in Port Moresby on 10 January this year severely affected businesses in Papua New Guinea’s capital. CPL Group’s Sir Mahesh Patel reveals the impact on the major retailer, its people, and the many businesses that support it, and considers the root causes of the unrest.
As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our … [Read More...]
Port Moresby’s flourishing dining scene now features a Thai restaurant – and it’s a good ’un. Lucky Lucky launched in late … [Read More...]
Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, … [Read More...]
The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab … [Read More...]
The Papua New Guinea kina’s exchange rate (mid-rate) against its main trading currencies, as of 15 July 2024
USD 0.2594
AUD 0.383
GBP 0.1999
EUR 0.2381
NZD 0.4255
JPY 40.98
SGD 0.3482Source: Bank of PNG
From the Business Advantage blog 
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