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Papua New Guinea’s Woodlark Island gold project to get go-ahead decision by year’s end

28 Aug 2018 by Leave a Comment
Milne Bay’s Woodlark Gold Project is likely to get the go ahead within the next three months, after developer Geopacific Resources assesses the definitive feasibility study which will be completed in Q3 this year. Managing Director, Ron Heeks, told Business Advantage PNG, if it goes ahead, production should commence in early 2020.
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Analysis: Graduates get jobs in formal sector despite tough economic conditions

21 Aug 2018 by Leave a Comment
In a slow economy getting jobs in the formal sector can prove difficult. But Rohan Fox, a Researcher at the Australian National University's Crawford Policy Centre, says his research suggests that graduates of the University of Papua New Guinea do find employment.
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Moving from aid to trade: successful mentoring and investment projects in Vanuatu and Samoa expanding into Papua New Guinea

8 Aug 2018 by 1 Comment
After the successful launches of sustainable small businesses in Vanuatu and Samoa, a donor-funded private sector initiative is preparing to expand into Papua New Guinea.  Anna Moegerlein from Melbourne’s The Difference Incubator explains the initiative to Business Advantage PNG.
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Lae port expansion to be completed late 2019, says PNG Ports MD

24 Jul 2018 by Leave a Comment
A second major port in Papua New Guinea is expected to be completed in late 2019, says PNG Ports Corporation Managing Director, Stanley Alphonse. He tells Business Advantage PNG the K350 million project will include the greater Lae Tidal Basin Project and the Huon Industrial Park development in Lae.
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Releasing land titles could bolster Papua New Guinea SMEs

17 Jul 2018 by Leave a Comment
Granting more land titles over plantation smallholdings and National Housing Corporation housing stock, and freeing up land locked up in over 20,000 unresolved deceased estates could provide a real boost to Papua New Guinea's small and medium enterprise (SME) sector.  Dr Charles Yala, Principal & Director of Niugini Land and Properties, is calling for the more effective transfer of outstanding titles.
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Sharp rise in use of mobile financial services in Papua New Guinea

17 Jul 2018 by Leave a Comment
The Governor of the Bank of Papua New Guinea, Loi Bakani, has told an APEC conference on improving financial literacy that the use of mobile phones for financial services is increasing sharply. But he said there is a need to strengthen consumer digital financial literacy and awareness in the country.
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