Business Advantage PNG – Page 9

Papua New Guinea’s banks face high economic risks, reflecting debt and resource reliance, says ratings agency, S&P Global

Business Advantage PNG18/05/201712/02/2018

by Business Advantage PNG18/05/201712/02/20180716

‘We do expect both arrears and credit losses to worsen, whether that be the result of the falling global energy prices, or as a result...

Opinion: What Papua New Guinea must do to achieve digital financial inclusion

Business Advantage PNG09/05/201712/02/2018

by Business Advantage PNG09/05/201712/02/20180928

Papua New Guinea has a high level of mobile phone penetration, but Tony Westaway, Managing Director of Nationwide Microbank, believes the country has significant barriers to...

Business Finance Pacific

How the Pacific’s three biggest banks approach the region: CEOs explain

Business Advantage PNG09/05/201712/02/2018

by Business Advantage PNG09/05/201712/02/201801123

The Pacific’s three biggest banks: Bank South Pacific, ANZ and Westpac have distinct approaches to the Pacific region. Their top executives outline their strategies to...

Business News

IPA signals crack down on foreign ownership rorts in Papua New Guinea

Business Advantage PNG03/05/201712/02/2018

by Business Advantage PNG03/05/201712/02/201801608

Papua New Guinea’s Investment Promotion Authority (IPA) has flagged that it will be clamping down on abuses of the foreign ownership laws. Business Advantage PNG...

Business News

Economic update: positive signs for Papua New Guinea economy despite weak commodity prices

Business Advantage PNG03/05/201712/02/2018

by Business Advantage PNG03/05/201712/02/201801549

The fall in global commodity prices has had a negative impact on Papua New Guinea’s economy. However, as Andrew Wilkins discovers in his annual economic...

Business Real Estate

Releasing more land key to increasing Papua New Guinea home ownership

Business Advantage PNG03/05/201712/02/2018

by Business Advantage PNG03/05/201712/02/201804360

Demand for housing in Papua New Guinea is strong but there is a shortage of supply, according to the latest survey by Hausples, a Port Moresby-based real...

Business Finance

Investment Conference to focus on infrastructure, regions and innovation in Papua New Guinea

Business Advantage PNG03/05/201712/02/2018

by Business Advantage PNG03/05/201712/02/201801386

The program for the Business Advantage Papua New Guinea Investment Conference has been announced, highlighting business opportunities across PNG’s economy. The conference will be organised by...

Business

Port Moresby’s remarkable dining boom

Business Advantage PNG25/04/201712/02/2018

by Business Advantage PNG25/04/201712/02/201801496

A boom in new restaurants is improving the quality and variety of dining options in Papua New Guinea’s capital as never before, Business Advantage PNG...

Business

Yamaha’s Papua New Guinea boat manufacturing setting new standards, says Ela Motors CEO

Business Advantage PNG25/04/201712/02/2018

by Business Advantage PNG25/04/201712/02/201803013

Where in the world is Yamaha’s biggest boat manufacturing project? It’s in Papua New Guinea, Takeshi Abe, Chief Executive Officer of Ela Motors, tells Business...

Business

Lack of import controls harming Papua New Guinea’s fishing industry says Fishing Industry Association’s Celso

Business Advantage PNG25/04/201712/02/2018

by Business Advantage PNG25/04/201712/02/20180882

Papua New Guinea’s fishing industry faces fierce competition from Thailand and the Philippines, says Pete Celso, Chairman of the Fishing Industry Association (PNG). He believes...