In brief: Mineral Resources Authority commends K92 Mining for paying taxes and other business stories

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K92 Mining sets example in the mining industry in Papua New Guinea, Australia commits funds to help PNG get COVID-19 vaccinations and latest survey on COVID-19’s impact on the business community.

People moves: Kina Securities, Bank South Pacific, Oil Search, Newcrest

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Kina Securities Ltd announces a new Non-Executive Director, Bank South Pacific (BSP) welcomes a new Director, Oil Search appoints a Communication Manager and Newcrest Mining welcomes new external affairs executive.

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.

In brief: Papua New Guinea’s Datec for sale and other business stories

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Datec has been put up for tender, Horizon Oil set to leave Papua New Guinea and K92 Mining plans for investment. The business news you need to kickstart your week.

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.

Tapping the potential: Visa ramps up ecommerce in Papua New Guinea and the Pacific

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Credit card giant Visa is fast-tracking its digital revolution to the Pacific due, in part, to COVID-19. According to its senior South Pacific executive, there will benefits for both businesses and consumers.

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.

Appetite for change: best practice tips for Papua New Guinea ecommerce

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Small businesses could be up and running with an ecommerce site in as little as a month, if they follow the advice of Robert Webber and Kaye Iling, the brains behind Food Pro PNG’s recent ecommerce launch.

‘Another 20 years wasted’? Ramamurthy says the stakes are high for internet reform in Papua New Guinea

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It is critical Papua New Guinea does not squander the opportunities provided by the Coral Sea Cable System, says the Chair of the Business Council of PNG’s Internet Working Group, Sundar Ramamurthy.