The court deadlock over the Wafi-Golpu project has ended with the National Court in Lae throwing out the injunction relating to the Memorandum of Understanding (MOU) that had brought the project to a halt. It opens the door for a potential US$5.4 billion (K18 billion) investment into Papua New Guinea.
In brief: World Bank releases new economic outlook for Papua New Guinea and other business stories
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The World Bank predicts slower GDP growth for Papua New Guinea, P’nyang could still be on the table and fibre optic cable landing to start in Vanimo. The business news you need to kick-start your week. Resources Patrick Pouyanne, CEO of the French oil and gas company Total, has said that ExxonMobil and PNG need […]
People moves: Nasfund, Newcrest, Constitutional Law Reform Commission, British High Commission in Tonga
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An Independent Director joins Nasfund, Newcrest announces changes to its Executive Committee, the Constitutional Law Reform Commission appoints a Secretary and the British High Commission reopens in Tonga.
In brief: Papua New Guinea ends talks with Exxon on P’nyang agreement, and other business stories
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Papua New Guinea says no to P’nyang gas project, Prime Minister James Marape confident in ‘five-train LNG’ and new date for plastic bag ban. The business news you need to kick-start your week.
Papua New Guinea’s veteran retailer seeks to grow its local suppliers
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Brian Bell Group is reaping the rewards of three years of infrastructure investment and using this period of profitability to grow its local partnerships.
People moves: Internal Revenue Commission, Westpac, Easy Skill PNG
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The Internal Revenue Commission confirms Commissioner General, Westpac welcomes a new Chairman and Easy Skill PNG appoints a Business Manager.
In brief: new export tax levy could break the forestry industry and other business stories
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Forestry industry says new export tax levy could spell the end, Wafi-Golpu Joint Venture to lay off employees and P’nyang negotiations edge towards deadline. The business news you need to kick-start your week.
People moves: Business Advantage International, Comrade Trustee Services, PNG Ports
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Business Advantage International announces a new Senior Editor, Comrade Trustee Services welcomes a CEO, and PNG Ports Corporation appoints a Managing Director.
Boardroom briefing: Pacific climate refugees, open-plan failures, supermarkets of the future
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UN ruling addresses rising sea levels in the Pacific Islands, open plan offices result in less interaction and the future of retail tech. Readings from around the world on business, leadership and management.
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