Crisis management: taking care of business during Papua New Guinea’s SOE

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The first in a series of Business Advantage PNG online business briefings tackled the issue of managing your business during the COVID-19 crisis. Mahesh Patel, CEO of CPL Group, and Wayne Osterberg, KPMG PNG’s Director Advisory Services, looked at the critical issues during Papua New Guinea’s state of emergency.

Boardroom briefing: possible downsides of Zoom, new working rules and reopening after the pandemic

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Are online meetings effective for negotiations, China a ‘laboratory’ for new work rules and how to reopen your business after lockdown. Readings from around the world on business, leadership and management.

Papua New Guinea Treasurer details K600 million stimulus package

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Papua New Guinea’s National Executive Council has announced that K600 million will start to flow to the health, security, agriculture, business and household sectors as a first step in the government’s K5.7 billion coronavirus Economic Stimulus Package. Treasurer Ian Ling-Stuckey said this is K100 million more than was initially planned.

No recession for Papua New Guinea post COVID-19, says Central Bank

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The Bank of Papua New Guinea in its latest Monetary Policy Statement is predicting that the Papua New Guinea economy will not go into recession this year and there will be a strong recovery next year. But it says that the COVID-19 pandemic has badly affected many of the key sectors in the economy.

Survival mode: the impact of COVID-19 on working in Papua New Guinea

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Flexible work arrangements, losing key workers and restricted travel: these are unprecedented times for managing staff in Papua New Guinea. Gabriella Munoz talks to some top recruiters about the challenges being faced by employers and jobseekers.

Business chambers to Treasury: business needs your help

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As the government seeks to start disbursing the funds raised by its COVID-19 bond, the presidents of Papua New Guinea’s two largest business chambers tell Business Advantage PNG they are looking for a stimulus package ‘with teeth’.

Boardroom briefing: small retailers in trouble, the future of post-pandemic work and Chinese-US relations get frosty

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Singapore sees retail landscape change, how work will look post pandemic and COVID-19 infects Chinese-US relations. Readings from around the world on business, leadership and management.

Boardroom briefing: COVID-19 data security risks, oil price goes negative and China’s digital future

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The COVID-19 risks business may not be thinking about, the US oil price is negative for the first time ever and COVID-19 accelerates China’s digital future. Readings from around the world on business, leadership and management.

Exclusive: Central Bank Governor on forex, COVID-19 and the future of the kina

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Central Bank Governor, Loi Bakani, says Papua New Guinea is facing economic and financial challenges due to the outbreak of COVID-19. He speaks exclusively to Business Advantage PNG about how the Bank of PNG is responding.

COVID-19 and climate change: we must rise to both crises [opinion]

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In the Pacific we aspire to endurance and sustainability. But progress is difficult to sustain when we face multiple threats that reverse decades of development gains in a matter of hours or days, says Dame Meg Taylor, Secretary General of the Pacific Islands Forum.