In brief: Papua New Guinea to receive K86 billion from Papua LNG and other business stories

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Papua LNG project to inject billions to Papua New Guinea’s economy, Prime Minister Marape welcomes Fortescue Future Industries representative to Port Moresby and the Pacific Marine Industrial Zone Project (PMIZ) will be rebranded.

People moves: National Executive Council

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Papua New Guinea’s new National Executive Council, or Cabinet, has now been sworn in. Here are the newly appointed ministers.

Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference

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Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.

In brief: Mineral Resources Enga signs Porgera agreement and other stories

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Mineral Resources Enga signs ‘milestone agreement’ towards the reopening of the Porgera mine, negotiations for sale of Telikom PNG and Air Niugini to upgrade fleet. The business news you can’t miss.

Reaching the last mile: satellite telecommunications in Papua New Guinea

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The broadband satellite operator Kacific Broadband Satellites Group was created to deliver affordable and reliable internet to the Pacific and South East Asia. Business Advantage PNG spoke with CEO & Founder Christian Patouraux to discuss the future of satellite connectivity in the Pacific.

In brief: COVID-19 test no longer required for arriving passengers into Papua New Guinea

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COVID-19 test are no longer necessary for inbound passengers into Papua New Guinea, local company gets K62 million contract to project manage infrastructure projects and a coffee producer partners with the Australia’s Market Development Facility to establish a ‘revolving fund’. The news you need today.

People moves: Kina Bank, Pharmaceutical Society, Air Niugini

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Kina Bank announces a new Business Development Manager, the Pharmaceutical Society of Papua New Guinea appoints new patron, and Air Niugini welcomes two new directors.

Marape returns as Prime Minister of Papua New Guinea

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James Marape is elected Prime Minister of Papua New Guinea unopposed, as the country’s 11th National Parliament sits for the first time. In his acceptance speech, he outlined his government’s priorities in its new term.

Papua New Guinea could provide ‘ideal locations’ for green hydrogen production: IFC

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Green hydrogen has been touted as the next big move to lower carbon emissions and Papua New Guinea is well positioned to develop this resource. Devesh Singh, the International Finance Corporation’s Operations Officer (Climate & Energy) – South Asia and Pacific, tells Business Advantage PNG what green hydrogen could mean for PNG and other developing nations.

Get physical: weight training advice from Airways Hotel’s gym instructor

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Look good and feel good with a weights session at Papua New Guinea’s premium health and fitness centre.