The COVID-19 pandemic accelerated the development of e-commerce in Papua New Guinea and around the world – and more is yet to come.
Industry sectors
Alcohol-related restrictions brought in to manage the COVID-19 pandemic have had a negative impact on Papua New Guinea largest brewer, SP Brewery. Managing Director Ed Weggemans talks to Business Advantage PNG about its plans once the stringent measures are finally eased.
Helping Hand Honey Producers, Papua New Guinea’s second largest honey producer, has long-term goals to increase honey production to meet rising demand and also export. Founder and Managing Director Kelly Inae talks to Business Advantage PNG.
The rising oil price will have a significant impact on Papua New Guinea this year, according to the Country Manager and Director for Puma Energy, Hulala Tokome.
After over 42 years as finance company in Papua New Guinea, Credit Corporation (PNG) Ltd is planning to apply for a banking licence this year. CEO Danny Robinson explains why to Business Advantage PNG.
With a gas agreement finally executed for the US$10 billion ExxonMobil-led P’nyang gas project, and a start date provided for front end engineering and design for TotalEnergies’ Papua LNG project, Papua New Guinea’s energy sector now has a clear roadmap for the rest of the decade.
The prospects for a reopened Panguna copper mine have been boosted by a ‘joint resolution’ signed by landowners and the Autonomous Bougainville Government (ABG).
Landowner and provincial government-owned consortium Mineral Resources Enga has finally signed the Porgera Project Commencement Agreement, an essential step in the ongoing process to reopen the Porgera gold mine.
COVID-19 has taught us to think and act local. Food producers in Papua New Guinea are benefitting from a trend that appears here to stay.
Ground has been broken at the Ihu Special Economic Zone (ISEZ) in Papua New Guinea’s Gulf Province. Project Director Peter KenGemar says companies are already contemplating a move into the zone to take advantage of generous incentives.