People moves: Chinese Embassy, Qantas, Oil Search, Bougainville, PNG Institute of Directors

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The Embassy of the People’s Republic of China gets a new head, Qantas welcomes new Regional Manager, Oil Search appointment for the PNG Orchids, Autonomous Region of Bougainville names key post-referendum figure, and new Fellow inducted into the Institute of Directors.

PNG Air’s board pursuing plan to keep Papua New Guinea’s second domestic airline ‘viable’

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It will take ‘the next two to three years’ before PNG Air, Papua New Guinea’s second domestic airline, can foresee a return back to pre-COVID levels of business activity, according to statement issued to Papua New Guinea’s stock exchange yesterday.

In brief: PNG Power and Bougainville partner to develop energy sector and other business stories

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Bright future for Bougainville’s power industry, BSP reduces equity required to get SME loan and new terminal at Momote Airport. The business news in brief.

Electricity for auction in Papua New Guinea – but at what price?

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The vision for reforming Papua New Guinea’s power sector is becoming clearer, with power auctions likely to play a major role in driving down electricity prices and helping the country meet its future electricity needs.

‘A hint of optimism’: Business Council says Papua New Guinea’s businesses are settling into new normal

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There are signs of optimism in the Papua New Guinea business community, according to a survey of market conditions by the Business Council of Papua New Guinea. It suggests that, while the pandemic has exacted a severe financial toll, businesses have now ‘settled’ and are navigating the challenges of the new environment.

In brief: IRC turns ‘spotlight’ on logging sector and other business stories

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The Internal Revenue Commission to audit logging companies claiming GST, SP Brewery gets international recognition and PNG DataCo launches COVID-19 website. The business news in brief.

People moves: Harmony Gold, YEGAP, PNG Hunters

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Harmony Gold Mining announces a new Investment Committee Member, the Young Entrepreneurs Group of the Asia Pacific (YEGAP) welcomes a new members to its Executive Committee, and the PNG Hunters appoint a new Commercial Manager.

Five things we learned from our Papua New Guinea Telecommunications Update

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Last Thursday, Business Advantage PNG hosted a special Papua New Guinea Telecommunications Update with the CEO of PNG DataCo Ltd, Paul Komboi, and telecommunications expert, Dr Amanda Watson. Here are five take-homes from the event.

In brief: power outages in Lae explained and other business stories

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Power outages in Papua New Guinea’s second largest city linked to K60 million debt, government looking into outstanding debts and new partnership between the Morobe Provincial Government and the National Airport Corporation. The business news in brief.

In brief: Vaccine roll-out commences in Papua New Guinea and other business stories

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Vaccine roll-out commences in Papua New Guinea, the effects of the liquor ban in PNG breweries, and funding for the Edevu Transmission and Electrification project. Your business news curated.