PNG: A culturally and geographically diverse country

A proactive team from James Cook University is currently working in Papua New Guinea to develop an eco-tourism industry around the Papuan Black Bass, one of the world's toughest sportsfish. Healthy oceans, rivers and streams are crucial for life, the provision of food and good economic development, particularly if you happen to be a small developing economy like Papua New Guinea. Papua New Guinea is a very culturally and geographically diverse...

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Building the economy of PNG

More than 5000 participants of the financial education program, graduated in Madang, most of them mothers from nearby villages. Banking the unbanked is an endeavour by the Central Bank of PNG, the Asian Development Bank, the Australian Government and the Government of PNG. The Microfinance Expansion Project targets mostly the population in the rural areas of the country and has already impacted thousands of lives. The classes serve to teach...

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Indian Business Delegation in Papua New Guinea

Papua New Guinea Prime Minister Peter O’Neill has greeted a business delegation from the Confederation of Indian Investment (CII) that was undertaking its first ever exploratory visit for enriched bilateral ties with Papua New Guinea. As India’s foremost business organization, the CII has around 8,000 members from the private and public sectors, including SMEs and multi-national corporations. At the invitation of PM O’Neill, the group is digging...

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PGA Tour heads to PNG for the first time

The PGA Tour of Australasia will discover new territories in 2016 as it heads up to Papua New Guinea for the first time. The South Pacific Export Radler PNG Open will become a fully-fledged PGA Tour of Australasia tournament after many years of being an effective pro-am event. To be played at the Royal Port Moresby Golf Club, which efficaciously hosted the Pacific Games last year. To be played at the Royal Port Moresby Golf Club, which fruitfully...

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Redirecting Investment Focus in Papua New Guinea

Papua New Guinea’s current bank legislation can be altered to safeguard that banks redirect their investment focus towards Papua New Guinea’s renewable sectors, according to Trade Minister, Richard Maru. Minister Maru says this would require banks in PNG to capitalize a certain percentage of their revenue, into agriculture, fisheries, Small to Medium Enterprises, SMEs, and tourism. “In countries such as Sri Lanka, their government imposes a...

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Social Media can make this possible

For businesses in any industry, the key to victory is knowing and understanding your audience. Social media makes this conceivable, and easier to achieve than ever. With tools like Facebook and LinkedIn, you can study the dominant languages spoken among your social media audience, as well as their age and gender. Hosted by the Pacific Business Trust and presented by business expert and author Matt Jull, CEO of My Business People,  the Social...

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A Young Female Entrepreneur of PNG

Encouraging PNG Business is significant in getting the people more involved in business activities that can assist nurture the country’s economy. ‘Mami Chakara’ a 100% PNG owned Hair & Beauty Company, retained by an imminent young female entrepreneur Ms Watna Mori, was launched recently in Port Moresby at level 2 ANG Haus. Watna, who is the Managing Director for Mami Chakara got her business name from Africa, which means ‘wild girl’ in...

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