APEC

ANG defers Shanghai flights

In a statement, the airline said: “Air Niugini is committed to ensuring the highest quality, on time service to all passengers and will continuously review its business to improve efficiencies.

“Our partners and the airline have invested heavily in setting up operations to achieve our goal of opening the Chinese market to Papua New Guinea. It is our desire to complete this venture at the earliest possible opportunity. 

OBG report to examine PNG’s fiscal policies

It will also consider whether the country’s year as chair of APEC delivered the desired economic results in 2018 and beyond.  

The Report: Papua New Guinea 2019 will examine the government’s new fiscal policies, which are being formulated against a backdrop of rising commodity prices and will spearhead its bid to tackle the challenges the country faces, such as foreign currency shortages and high levels of public debt.

Over 200 delegates in Food Security Week

The Food Security Week, which includes a number of agriculture and food security meetings and exhibitions, is a significant event to promote and create awareness on the importance of food security and how the economies can work together to deal with food security concerns and issues and all related factors such as climate change.

Minister for Agriculture, Benny Allan, was impressed with the level of participation and exhibitions by various groups, including SMEs, agricultural companies, agricultural industries, commodity boards and agencies, institutions and farmers.

Disaster early warning systems to be improved: APEC

Amid the aftershocks of the 7.5 magnitude earthquake in Papua New Guinea’s commodities producing central highlands, its strongest in recorded history, officials meeting in Port Moresby last week accelerated work to improve disaster early warning systems here and across APEC economies. The aim is to raise regional preparedness and recovery as threat levels escalate.

APEC seeks out Health Tech Game Changers

Nominations are now being accepted for the 2018 APEC Science Prize for Innovation, Research and Education, or ASPIRE Prize, under the theme Smart Technologies for Healthy Societies.

APEC focuses on digital innovations

They are intent on channeling innovation to expand the reach of the Asia-Pacific’s growth resurgence.

Over the next 12 days, officials meeting in Papua New Guinea’s capital, Port Moresby, will introduce new joint initiatives to empower their people to tap digital breakthroughs and the opportunities for better jobs, wages and quality of life they can provide.

Expert: U.S withdrawal from TPP may not necessary impact APEC

Cutler is the Vice President of the Asia Society Policy Institute (ASPI) based at Washington D.C.

She recently served as Acting Deputy U.S. Trade Representative, working on a range of U.S trade negotiations and initiatives in the Asia Pacific Region.

ASPI tackles major policy challenges confronting the Asia-Pacific in security, prosperity, sustainability, and the development of common norms and values for the region.

US election leaves questions for Apec

This meeting underlined the economic clout of a regional trading block that accounts for 49% of global commerce.

Yet, for many delegates, the media and commentators on the fringe, the most interesting and talked about leader is still a "President in waiting", a man who wasn't even here in Lima.

Ipatas welcomes APEC benefits for region

The Governor said APEC in Papua New Guinea will be a series of national events that should not be politicised because there are clear positive outcomes to be gained.

“There should be unity behind APEC because there is no doubt that clear positive outcomes bill be gained from businesses around the nation,” Sir Peter said.

“Through APEC we have access to capacity building projects that will help people in rural areas.

“These are our SMEs and our sectors such as tourism, agriculture and marine resources.

Women’s economic empowerment flourishes in APEC

Setting the tone, the APEC Policy Partnership on Women and the Economy began a two-day meeting in Port Moresby, Papua New Guinea on Sunday May 1st.

Emmeline Verzosa, the Executive Director of the Philippine Commission on Women, said the group will draft new plans and projects that empower more women to be part of supply chains and provide women with access to technology, health services, finance and marketing.