In this exclusive interview with Business Advantage PNG, Port Moresby Chamber of Commerce and Industry President Rio Fiocco, outlines the numerous challenges facing business in Papua New Guinea as 2021 gets under way.
Foreign exchange the ‘number one’ concern for Papua New Guinea business, says Chamber head
Welcome,
8 Feb 2021 by Leave a Comment
Living with the virus: what Papua New Guinea’s ‘niupela pasin’ looks like
Welcome,
17 Aug 2020 by Leave a Comment
The Port Moresby ‘lockdown’ is over and Prime Minister James Marape has said that Papua New Guinea will have to ‘adjust to living with COVID-19’. Eleven new measures will help show the way for business and PNG citizens alike.
People moves: Geopacific Resources, POMCCI, Newcrest, Coastal Shipowners Association
Welcome,
5 Aug 2020 by Leave a Comment
Geopacific Resources elects a Non-Executive Director, the Port Moresby Chamber of Commerce and Industry (POMCCI) announces its Board composition for 2020 – 2021, Newcrest mining appoints a new Company Secretary.
Business chambers to Treasury: business needs your help
Welcome,
11 May 2020 by Leave a Comment
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’.
‘On their knees’: Papua New Guinea SMEs closing daily under lockdown
Welcome,
20 Apr 2020 by Leave a Comment
The presidents of Papua New Guinea’s two largest business chambers, in Port Moresby and Lae, outline the difficulty for business of life under lockdown, but also point to how PNG’s economy can bounce back from the current crisis.
COVID-19 arrives in Papua New Guinea: what now?
Welcome,
23 Mar 2020 by 4 Comments
With the first case of COVID-19 in PNG announced at the weekend, there are warnings there could be essential-item shortages and changed working conditions, but business has been preparing for its arrival.
Blast from the past: Papua New Guinea’s economy in 2020
Welcome,
6 Mar 2020 by Leave a Comment
The year 2020 looks like being a watershed year for Papua New Guinea, with a number of transformative projects awaiting the green light and a new government seeking to implement an ambitious agenda.
Papua New Guinea’s economy needs progress on resources projects [opinion]
Welcome,
14 Jan 2020 by 1 Comment
Waiting for the announcement of Papua New Guinea’s next resource project is taking a toll on the economy. The President of the Port Moresby Chamber of Commerce and Industry, Rio Fiocco, shares with Business Advantange PNG what this means for businesses of every size.
A tale of two cities: why successful investment in Lae is a boost for Port Moresby
Welcome,
25 Sep 2019 by Leave a Comment
Lae, Papua New Guinea’s second-largest city, is again emerging as a key location for investment. Far from drawing investors away from capital Port Moresby, a buoyant Lae could actually be good for both cities, say representatives from the two cities’ business chambers.
In brief: Papua New Guinea could renegotiate the terms of Papua LNG and other business stories
Welcome,
29 Jul 2019 by Leave a Comment
Papua New Guinea’s Minister for Petroleum suggests there could be changes to the Papua LNG agreement, Prime Minister James Marape visit to Australia and Air Niugini to put a fleet replacement plan in place. Your weekly digest of business news.
USD 0.251
AUD 0.3939
GBP 0.1966
EUR 0.2385
NZD 0.4333
JPY 38.07
SGD 0.3368
Recent readers’ comments