businesses

Impact on female-led Pacific businesses deepens as COVID-19 takes its toll

Despite this, Pacific businesses continue to adapt; an increasing number have scaled back operations, with fully operational female-led businesses decreasing to 23 per cent (down from 29 percent during Survey 4 of the PTI Pacific Business Monitor), and partially operational businesses increasing from 29 per cent to 41 per cent.

Commenting on the Survey 5 findings, PTI Australia Trade & Investment Commissioner Caleb Jarvis noted that the pandemic is biting hard for all businesses – particularly those led by women.

Local women entrepreneurs motivated to grow business

The open day market provided support to micro and small businesswomen to show off their products to new customers and expand their networks.

Westpac retail banking coach leadership and change, Alipate Suguturaga said Westpac is an advocate for women as they’re the backbone of society in terms of growing economies.

Suguturaga said, “We are so humbled by what we saw, women entrepreneurs going about their tasks selling various items from food to art, flowers, jewelry and cosmetics.

Taskforce to speed up tax payments to government

This was announced today by Chief Secretary, Isaac Lupari, when speaking to Internal Revenue Commission staff today.

Lupari said the Task Force will comprise of the IRC, Office of Migration, Customs, and the Central Bank.

Their main role will be to do a Tax audit on big taxpayers (companies) and visit shop and business entity’s.

Lupari said the Task Force will begin operations in Moresby and head out to other provinces.

He said many businesses are not paying taxes and are operating under the radar of organizations like the IRC.