As Papua New Guinea business gets back to work, Business Advantage PNG’s Andrew Wilkins looks at some of the issues coming up in 2018. With APEC coming to Port Moresby and a second LNG project in the offing, this is a year when PNG is going to be the subject of international attention.
It takes a certain kind of person to be successful as an expatriate in Papua New Guinea, according to Fraser Hawkins, Principal Consultant at Peopleconnexion Recruitment. He explains how the right attitude matters just as much as what is on paper.
Papua New Guinea has the opportunity to take the lead in blockchain technologies, says the former Chief Information Officer at Kina Securities, Aaron Bird. The technology, he says, can be used for much more than cryptocurrencies such as bitcoin.
The National Government has issued a Supplementary Budget to deal with the fiscal and economic issues facing Papua New Guinea. Economic commentators tell Business Advantage PNG that it is a tough budget, but flag that more measures may be needed.
Leading financiers have called for better international marketing of the country’s financial system and assets. They told the Business Advantage Papua New Guinea Investment Conference, that it is an important step towards creating more mature financial markets.
Those who want to succeed in China should have their eye on the long term, business futurist David Thomas tells Business Advantage PNG. He says patience is critical and expectations should be kept realistic.
September’s Papua New Guinea Investment Conference in Sydney is designed to promote Papua New Guinea as a key business destination in our region. Business Advantage International’s Andrew Wilkins reveals some of the planning that is going into the program.
Steve Woodhouse, Regional Manager NGI at Farmset and host of EMTV’s Farming PNG program, tells Business Advantage PNG that Papua New Guinea’s farmers are innovative and quick to learn. In the second of a two-part interview, he says it is essential to encourage more ‘movers and shakers’ to get involved in agriculture.
Papua New Guinea’s agricultural sector is the backbone of the economy and a substantial contributor to national income, Steve Woodhouse, host of EMTV’s ‘Farming PNG’ program, tells Business Advantage PNG. He calls for changes to the regulatory bodies.
Papua New Guinea has a high level of mobile phone penetration, but Tony Westaway, Chief Executive of MiBank, believes the country has significant barriers to overcome if it is to achieve optimum financial inclusion in the digital age. He outlines some of the issues to Business Advantage PNG.