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

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.
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Papua New Guinea’s ‘public health emergency’ a continued challenge, says Oil Search MD

Having emerged from the 'most challenging' year in its 92-year history, Oil Search Ltd is now facing an escalation of COVID-19 infections in Papua New Guinea. In spite of this, shareholders at its annual general meeting were told PNG's largest company is 'coming through the challenges well'.
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Lower demand sees Papua New Guinea’s agricultural exports fall

The latest figures from the Bank of Papua New Guinea reveal the negative impact of the global pandemic on PNG's agricultural sector. Exports of all the country's major agricultural commodities fell in the 12 months to September 2020, although the falls were partly offset by improved prices in some cases.
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