Tribal Adventures - Papua New Guinea

22/11/2024

6:05am in Vanimo is like this.

13/11/2024

SME Corporation of PNGs website is down?

13/11/2024

If its a household name, it's already a brand. The board should look at ways to keep it going until it found it's natural cause of death. I think he doesn't know what a brand is when he is so focused on figures. It's easy to promote a known brand and increase sales than a very new brand!

Have they also found ways to sell it's Trademark? Their competition may want to buy as well?

A hard decision made to stop producing a long-time household product.

19/10/2024

Fiji this was the only downfall😂😂

Fiji Batis are doing tackle training with Tongan girls. They are practicing tackle techniques to face PNG Kumuls.

02/05/2024

What do you think

Mailu Island 100 years apart.

📸 📷: Top photo is by Frank Hurley, 1921, bottom by Sven Rudolf Jan (Jan Hasselberg) c. 2021.

Taken from PNG Taim Bipo FB Group

❓️Sometimes, it makes you wonder if global warming is real. What do you think 🤔?

23/03/2024

😋😋

Made with love ❤️
🥭 +🍌 +espresso ☕️ =Heaven ♥️♥️♥️

28/02/2024

INVESTMENT PROMOTION AUTHORITY


Opening Statement
By Mr. Leon Buskens, IPA Board Chairman

On the occasion of
PNG-Japan Public Private Joint Economic Seminar & Business Forum
28th February 2024

His Excellency Nobuyuki Watanabe, Japan Ambassador to Papua New Guinea
Mr. Ryuzo Saito, Director, Pacific Islands Centre Japan
Company Executives and Business Delegates from Japan
Respective heads of the PNG’s Peak Industry Bodies
PNG Business Community and Industry Participants
Government Stakeholders
Ladies and gentlemen

Ohayou gozaimasu
Daba Namona
Gutpla morning tru
Good morning


On behalf of the Papua New Guinea Government and the Investment Promotion Authority of Papua New Guinea, it is my pleasure to sincerely welcome you all and especially our special visitors from Japan, and to address you all today on this important occasion of PNG-Japan Public Private Joint Economic Seminar and Business Forum.

This program is jointly organized by the Investment Promotion Authority and the Pacific Islands Centre office in Tokyo. IPA PNG and PIC Japan maintains good collaborative engagements over the years promoting business, trade and investment between our two countries.

The aim of this joint economic seminar and business forum is to strengthen business, trade and investment cooperation at business to government and business to business engagements. And also people to people

Both Papua New Guinea and Japan continue to maintain and value our shared history of good friendship at bilateral level as far as development cooperation, business, trade and investment between our two countries are concerned. The business forum today is a testament of our long-established friendship.

From the bilateral development cooperation perspective, Japan’s investment in PNG’s national infrastructure especially critical transport sector (with Jacksons international airport , Laes Tomodachi International Airport, bridges and solar projects) health sector (Port Moresby General Hospital, Kundiawa Hospital and others around the country), Port Moresby Sewerage Project, investment in education and training are immeasurable. We are forever grateful for a true friend in Japan and we will continue to value and sustain this friendship in years to come. And your coming to our country and presence at the time is very much appreciated. Its shows that true spirit

On bilateral trade relations, Japan is PNG’s single largest trading partner. The trade relations between our two countries go a long way. According to the data available on Bank of PNG website, PNG’s exports to Japan was valued at $12.9bn in 2022, followed by China (10.9bn), Singapore (9.9bn) and Australia (6.8bn). PNG exports mainly petroleum gas, copper ore and refined petroleum. PNG has the potential to export coffee, value added timber, cocoa, cattle, fish and vanilla among other commodity crops. PNG’s imports from Japan is mainly machinery and transport equipment. In 2021 during the covid years , PNG’s imports from Japan was valued at $183million with exports down.

In terms of foreign direct investment, there has been an increasing level of interests by Japanese companies in the last five years. According to IPA database, sectors of interest are mainly in agriculture and fisheries apart from petroleum gas and copper ore.

Today in this forum, it is my pleasure to welcome some of our potential investors from Japan interested in investing in PNG. PNG has more to offer in terms of investment in agriculture, fisheries, tourism, manufacturing, services, real estate, construction amongst others. We have credible Papua New Guinean businesses capable to enter into joint venture partnership with Japanese investors to do business.

I note from the composition of Japanese business delegation in the room today and they are mainly in the following areas of investment interest; tourism and hospitality, commodity trading, renewable energy, forestry, coffee, technology/drones/AI, orchids and vanilla. I believe there are also other areas of interest by Japanese companies and investors who are not here today and, which we look forward to engage with them in similar forums like this in the near future.

Despite of our many challenges as a country, Papua New Guinea remains resilient and an attractive investment destination for investors within the Asia Pacific region and as far as Europe and America. We are always thankful and appreciative of the business community and investors from Japan who continue to have confidence to do business in PNG during such crucial times.

As we evolve in this journey of genuine win-win partnership, lets also open up the opportunities for further value adding through downstream processing. It goes along way in both economic and social benefits from the ground up and makes good long term sustainbale business sense

It is my hope that today’s sessions will feature some important discussions for real and serious business to happen.


Doumo arigatou gozaimau
Thank you very much!


LEON BUSKENS
Chairman

02/02/2024

Tuna Bay Resort, Port Moresby

30/01/2024

Yes indeed ❤️🇵🇬☕️

We were few steps ahead in producing high end coffee, drying coffee off the ground. That's how specialty coffee is dried to give you that quality cup of coffee ❤️🇵🇬 ☕️. Gomunchcoffee does exactly that.

Bimai drying coffee beans at his farm, Eastern Highlands, 1964.

📷 Vellacott-Jones, University of Queensland. Via PNG, Photo, History, Taim Bipo

11/01/2024

The IPA is very concerned about the companies that have been impacted by the senseless looting around the country and burning of shops in the National Capital District. We hope that responsible authorities will have things back to normalcy soon.

It is unfortunate that the IPA has also become victim of this unexpected turn of events. Our rented warehouses at Konedobu were burnt under fire with some records totally destroyed. We are lucky that most of those records up to 2012 are electonic and / or have been scanned but yes unfortunately many hard copy originals have been lost as a result of these senseless actions by the irresponsible small minded people and their actions.

On inspection of the warehouse this Thursday morning, a good number of records were totally destroyed. However, we managed to also save some files still in compactuses. By 2pm today, with the kind support and help of the Fire Service and Landlord, the fire (although still burning) has been brought under control with hope of completely putting it out sooner.

The IPA assures business houses that our companies records for compliant entities are safely stored on cloud and for any issues regarding this matter, the IPA stands ready to work with authorised personnel from the concerned entities should the need arise.

Please refrain from paying attention to any keyboard warrior on social media spreading false information on this situation.

You can contact the Managing Director or the Registrar should you need clarification.

Thank you and praying for normalcy to return soon to enable freedom to our people.

Managing Director
Investment Promotion Authority

05/01/2024

We feel for the acting CEO covering up for the governments failure in miss managing our airline.
Look at some of the best airlines in the world but within our region.

Qantas is a public company listed on the ASX, Qantas owns 46% of Fiji Airways. Air New Zealand floated 49% of its shares in their stock exchange.

PX should offload its shares, maybe 51%, and allow only PNG companies to invest. Look at BSP [but don't allow in the likes of IFC/World Bank and other foreigners with dirty fingers].

When you have business people investing in our airlines, they will run it as a business. It's good the government is buying new planes but at the same time offload some shares when its value is high. New investors [depending on their bargain] will come with new management.

The GoPNG through KCHL will only be in board members [credibal people] advising and reporting it's profits 📈 instead of deeping their dirty fingers in the revenues PX is generating 🫡

31/12/2023

Happy New Year

Happy New Year, 2024.
This is our year
♥️🇵🇬☕️