In brief: Dirio Gas and Power project launched and other business stories

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The Dirio project gets commissioned, Barrick distances from Papua New Guinea’s political turmoil and state-owned enterprises reform on track. The business stories you need to kickstart your week.

Boardroom briefing: Solomon Islands Facebook ban, vaccine hopes might spook some investors, and ransomware attacks on the rise

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The Solomon Islands unfriends Facebook, not every investor happy about the positive covid-19 vaccine news and the cost of ransomware attacks. Readings from around the world on business, leadership and management.

Parliament passes budget bills in lightning session, then adjourns until April 2021

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Parliament sat briefly and unexpectedly yesterday to pass the 2021 National Budget legislation after Speaker Job Pomat ruled that last Friday’s surprise adjournment was illegal. It may not sit again until April 2021.

People moves: National Executive Committee

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Nine new ministerial appointments have been announced after last week’s events in Parliament.

The PNG 1000: new online business directory launched for Papua New Guinea

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Papua New Guinea’s business community now has a new tool for doing business in the country: a user-friendly new online business directory.

In brief: Papua New Guinea paves the way for Papua LNG, and other business stories

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Parliament passed six key pieces of legislation that allow the Papua LNG project to move forward, Australia’s Prime Minister cancels his trip to Papua New Guinea and cocoa farmers in East Sepik Province ready to benefit from new project. The business news you need to kickstart your week.

Marape government threatened as MPs and Ministers move to Opposition benches

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A deliberate and surprise move by MPs and Ministers to the Opposition last Friday may foreshadow the end of the 18-month-old Marape Government in Papua New Guinea.

Air Niugini’s ‘Paradise’ magazine wins World Travel Award

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Air Niugini’s inflight magazine, Paradise, has won the award for the best inflight magazine in Oceania in this year’s prestigious World Travel Awards.

People moves: Nasfund, Mayur Resources, PNG, Tourism Promotion Authority, Barrick Gold

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Moves at Nasfund, Mayur Resources announces Non-Executive Director, Papua New Guinea Tourism Promotion Authority elects new CEO and Barrick Gold welcomes a new member to its board.

In brief: Prime Minister Marape commits K50 million to agriculture and other business stories

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Marape launched the Agriculture Medium Term Development Plan 2020 -2022 and committed K50 million to the sector, the PNG Electrification Partnership makes progress and Misima gold project takes first steps towards environmental approvals. The business news you need to kickstart your week.