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Day 1 report from the 2024 Papua New Guinea Investment Conference

13 Aug 2024 by Leave a Comment
Day 1 of the 2024 Business Advantage PNG Investment Conference featured top speakers from across the business sector, including Kumul Petroleum Holdings' Wapu Sonk, Bank of Papua New Guinea Chairman David Toua and the IMF’s Sohrab Rafiq, who spoke of the positive impact of the central bank’s new approach to managing foreign exchange.
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Investment conference to focus on growth opportunities and business conditions in Papua New Guinea

30 Jul 2024 by Leave a Comment
Disruptive technology, Papua New Guinea’s next wave of infrastructure and resources projects, and the rising influence of ESG on business are some of the topics to be covered by the upcoming 2024 Business Advantage PNG Investment Conference.
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As January 10 recovery payments begin, Port Moresby businesses confront the consequences

2 Jul 2024 by Leave a Comment
Government funds to cover debris removal and business recovery have this week started to flow to businesses affected by the January 10 riots in Port Moresby. With funds for actual rebuilding still to be finalised, we talk to business leaders about the longer term consequences.
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Twinza Chair: Pasca A deal sets up ‘strategic alliance’ with MRDC

18 Jun 2024 by Leave a Comment
Last month, Twinza and Mineral Resources Development Corporation signed agreements which will see MRDC acquire a major stake in Pasca A, Papua New Guinea’s first offshore gas project. Twinza Executive Chairman Stephen Quantrill tells Business Advantage PNG the deal also paves the way for further cooperation.
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Newmont CEO affirms Wafi-Golpu ‘will be developed’

18 Jun 2024 by Leave a Comment
Newmont Corporation's Tom Palmer tells Business Advantage PNG that Papua New Guinea fits well within company’s strategy, but cautions that the prospective Wafi-Golpu copper-gold project will need to compete for capital with other projects in portfolio.
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Enga landslide: what business needs to know

4 Jun 2024 by Leave a Comment
The Porgera gold mine is operating without restrictions, following the tragic Papua New Guinea landslide which hit nearby. Meanwhile, New Porgera Limited and other PNG businesses are contributing to relief efforts, reports Nadav Shemer Shlezinger.
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Papua New Guinea businesses still face serious forex delays, despite interventions

23 May 2024 by 1 Comment
PNG banks and businesses tell Business Advantage PNG of considerable variation in wait times for foreign exchange, as the country's central bank acknowledges the economic damage caused. We look at the prospects for improvement.
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No quick fix to Papua New Guinea’s law and order issues but reforms are under way, says Deputy Prime Minister

22 May 2024 by 2 Comments
More police, prosecutors and magistrates, including some brought in temporarily from other Commonwealth countries, are key components of law and order reforms being pursued by Papua New Guinea’s government, according to Deputy Prime Minister John Rosso.
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