SME

Everyday People PNG : Shannon Pondriliki

Shannon is the Marketing Officer for Em Stret Space, a co-working hub for entrepreneurs. They work towards creating and fostering an inclusive innovative ecosystem for entrepreneurs by creating opportunities for startups, freelancers, aspiring entrepreneurs, students and SME’s to grow, develop and scale.

The E-Space marketing Officer says what she loves most about her job is, ‘Meeting new people’.

Shannon has worked with E-Space for three years now. She said a normal day at work would consist of her talking to many entrepreneurs.

Dinghies for ex-gang members

Eleven of the 20 dinghies were presented at the Tidal Basin on Sunday in the presence of residents from Papuan Compound, Bumbu and Hanta.

These vessels have been given to boost small business owners at wards 2 and 3 of Lae district – the communities living along the coastline of the city.

They will be used to transport betelnut and other commodities from ports like Popondetta and Finschhafen, to Lae.

Rosso said the vessels were presented following proposals from the recipients a couple of years ago.

 

SME Finance Finder Launched

Business Link Pacific (BLP) in partnership with the Centre for Excellence in Financial Inclusion (CEFI) yesterday launched the Finance Finder online tool.

BLP is a private sector development programme funded by the New Zealand Ministry of Foreign Affairs and Trade, a New Zealand Aid Programme initiative honouring New Zealand’s commitment to supporting the economic growth of Pacific Island countries.

NCD SME Fair

There was corporate support and hundreds of city residents who attended the fair.

NCD Governor Powes Parkop said the fair is a platform to help start the journey towards achieving the national government’s target of 500,000 SMEs in PNG by 2030.

Governor Parkop added that the way forward to have greater control over our economy is to become successful businessmen and women.

NGCB Backs Kavieng Golf Club and Fashion SME

In receiving the cheque on behalf of the Kavieng Golf Club (KGC), President Shaun Keane said the donation will make an important contribution to bringing back proper maintenance for the club.

“The Kavieng Golf Club is a community hub for people in New Ireland Province, and an important part of our National tourism infrastructure.

“We will use this donation to purchase a tractor exclusively to maintain the golf course.

“Golf is a sport that attracts a lot of Papua New Guinean players and our club has produced some good golfers through the years.

SME Helps Youth

Being the president of the PNG MSME Council, he has been the voice advocating the development of SME in PNG for over a decade now.

Having begun his career in finance in 2005 and in years after that has built a field of knowledge in how better to assist individuals in the SME sector.

He said every successful financial strategy starts with an excellent client relationship.

Everyday People PNG : Ralph Douglas Kiniva

I was employed for almost twelve years in the Information Technology industry, but I always had a passion for arts and being creative and one day owning a clothing brand that portrays Papua New Guinea's rich and diverse culture and traditional heritage embedded in the contemporary attires.

With that driving force and aspiration we decided to start up our own clothing brand label Hidomo Wear.

Everyday People PNG : Eunice So'on Song

“I come from a family of 5, including my adopted brother. There are two girls and three boys in my family. I am married with 5 children, and 4 grandchildren.”

“I am a full time teacher with the International Education Agency for over 20 years and I teach at Gordon International School, but I have been using my free time and holidays to teach basic life skills, especially sewing to beginners.”

Everyday People PNG : Eugene Sariman

“One of my other interests is in fixing cars, and although I work with Air Niugini, I have turned this interest into a business.” 

COVID-19 impact on Pacific SMEs severe, but with a glimmer of hope

A survey by Pacific Trade and Invest shows 90 percent of Pacific SMEs report a decline in revenue since the pandemic hit and 92 per cent believe COVID-19 has negatively influenced the economy.

The outbreak has severely affected the operations and profitability of their businesses.

Not only that, those employed by the SMEs have lost  jobs as they could not sustain the impact of the outbreak.

Travel bans and restrictions on gatherings have also affected businesses in PNG and the Pacific.