What can Papua New Guinea expect from Australia’s new government?

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Infrastructure funding aimed at climate change mitigation and a new Pacific Engagement Visa are among the expected initiatives from the new Australian government elected last weekend.

In brief: new information system to help drive rural electrification in Papua New Guinea and other stories

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New data-driven system to help rural areas get electricity, coffee producer strikes international deal, and Port Moresby’s airport to get new baggage screening system. The news you need today. Mining A new five-year agreement between Ok Tedi Mining Limited (OTML) and the Allied Workers Union was signed last week. The agreement between both parties guarantees […]

People moves: Australia Papua New Guinea Business Council, Minister for Foreign Affairs, PNG Cabinet

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Executive changes announced at the Australia Papua New Guinea Business Council, Prime Minister Marape elects new Deputy Prime Minister, and Australia welcomes new Minister for Foreign Affairs.

In-flight magazine’s return a sign that Papua New Guinea is back in business

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Papua New Guinea’s longest-established and most widely-read magazine, Paradise, the in-flight magazine of Air Niugini will return in September.

Papua New Guinea and Pacific business looks to turn the corner, post-COVID-19

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Two new reports indicate business in Papua New Guinea and Pacific is proving resilient as the region looks to move on from the COVID-19 pandemic. A new economic report from ANZ paints a bullish picture of the future, while Pacific SMEs are predicting increased revenues.

How to do business with Papua New Guinea’s major mines

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What opportunities are there to supply Papua New Guinea’s major mines and what do potential suppliers need to know before attempting to do business in the country’s mining sector? We asked procurement professionals at two of the country’s major mines, Ok Tedi and Porgera, during an online briefing this week.

People moves: Fortescue Group

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Fortescue Group announces restructure to its organisation.

In brief: PNGX partners with IFC and other business stories

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Papua New Guinea’s national stock exchange partners with the International Finance Corporation (IFC), Prime Minister Marape calls for peace and order during the elections, and Telikom PNG warns about disruptions in services.

Latest Central Bank figures indicate Papua New Guinea’s economy is rebounding

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Recently released data from Papua New Guinea’s central bank indicates the country’s economy bounced back significantly in the September 2021 quarter on the back of a massive increase in export receipts due to higher commodity prices. While private sector employment and sales also rose, the bank warns inflation is also on the march.

In brief: Landowners and the ABG agree to reopen Panguna and other business stories

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The Panguna Mine Landowner Clan Chiefs and the Autonomous Bougainville Government (ABG) agree to create a new entity to redevelop the Panguna mine, Telstra’s acquisition of Digicel PNG on track, and Papua New Guinea launches its National Employment Policy. The business news you need today.