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Economy/Investment

Bank of Papua New Guinea urges tougher stance on new resources projects

10 Apr 2019 by Leave a Comment
The March Monetary Policy Statement from the Bank of Papua New Guinea has urged the government to rethink the way it negotiates concessions and tax exemptions with new resources projects. Taking a strong position, it points to how previous agreements have been a factor in foreign exchange shortages and adverse trends in government finances.
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Salt and Pesce confirmed keynotes for 2019 Papua New Guinea Investment Conference

8 Apr 2019 by Leave a Comment
Leading social commentator and business analyst Bernard Salt AM and futurist Mark Pesce have been confirmed as the two keynote speakers for this year’s Business Advantage Papua New Guinea Investment Conference, to be held in Sydney on 19 and 20 August.
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Coral Sea Cable will mean complete rethink for Papua New Guinea business says Deloitte Digital guru

1 Apr 2019 by Leave a Comment
Data costs are likely to fall by 80 per cent because of the Coral Sea Cable System, which is scheduled to be connected to Port Moresby later this year, according to Peter Williams, Chief Executive of Deloitte Digital. He believes Papua New Guinean businesses will have to rethink their approach to investment, hiring, management and technological roll out.
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Faster and cheaper internet will open up opportunities for Papua New Guinea’s businesses

25 Mar 2019 by 1 Comment
The high speed Coral Sea Cable System, expected to be completed by the end of this year, will open up development possibilities for several Papua New Guinea industries. Laine Kidner, Chief Executive of data centre services company Connected South Pacific, outlines some of the outstanding opportunities to Business Advantage PNG.
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