PNG Business

Speaking at the Australia-PNG Business Council Forum in Port Moresby, Donigi said people to people relations between Australians and Papua New Guineans was crucial to create a conducive business environment.

In her speech during the youth entrepreneur’s session, she urged Australians to understand PNG culture while also calling on Papua New Guineans to be more open with their methods to their Aussie counterparts.

He said the government should take the lead with adequate funding. 

Polye’s statement stems from a wave of fire destroying properties worth millions nationwide in the space of 24 months, with TST Group of companies’ in Port Moresby being the latest.

He challenged Prime Minister Peter O’Neill to adequately fund PNG Fire services as fire risks are a threat to the investment portfolio of the country.

He said downgrading of PNG’s B+ to negative B in the business climate index only makes the situation worse.

The office of the Central Singapore District Mayor says their records have detailed information on all PNG businesses in their country.

“We have Central Singapore district, we have North East District, we have North West district, South East District and South West District. All these are looked after by mayors and from our records we have Papua New Guinean businesses detailed here,” the office says.

Among the businesses are some provincial governments who have business arrangements with some major business houses.