HOW TO USE DEBT FROM COMMERCIAL BANKS AS LEVERAGE TO EXPAND YOUR BUSINESS IN PNG
In Papua New Guinea, debt from commercial banks can be a powerful lever for business expansion if used strategically: it provides access to capital f…
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YOU GIVE A K100 TO A MAN ONCE, YOU ARE SUPPORTING HIM: YOU GIVE THE SAME MAN K100 UPON EVERY REQUEST, YOU ARE CREATING A BEGGAR
The above captures the stark difference between helping someone in a moment of need and enabling dependency. Giving a man K100 once is an act of sup…
WHY PAPUA NEW GUINEANS SHOULD BE FINANCIALLY INDEPENDENT
While our beautiful Nation is politically independent, we are a long way from economic independence through financial inclusiveness. We are a people …
IN PNG, IT'S NOT A REQUIREMENT TO HAVE K100,000 IN YOUR BANK ACCOUNT IN ORDER FOR YOU TO BUY A K100,000 STATE LAND
In Papua New Guinea (PNG), there is no legal requirement that you must already have K100,000 sitting in your bank account in order to purchase K100,0…
WHY A TABLE MARKET MAMA KNOWS MORE ABOUT FINANCIAL DISCIPLINE THAN BUSINESS LECTURERS IN PNG UNIVERSITIES AND COLLEGES
In Papua New Guinea, a table market mama often demonstrates stronger financial discipline than university business lecturers because her survival de…
IN PNG, A GRADE 6 DROPOUT CAN EMPLOY PEOPLE WITH BUSINESS DEGREES
We need to understand the.unique dynamics of the informal economy and entrepreneurship in PNG. A Grade 6 dropout can employ people with business degr…