Papua New Guinea business sees light at the end of the tunnel

In spite of the talk about an economic slowdown in 2016, Papua New Guinea’s capital, Port Moresby, is a city where plenty is still happening as 2015 comes to a close. Business Advantage International’s Andrew Wilkins reflects on recent discussions with Papua New Guinea business leaders.
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More oil and gas mergers and acquisitions could impact Papua New Guinea, say analysts

Two major takeover offers involving leading companies operating in Papua New Guinea’s oil and gas industry have emerged in recent months. Business Advantage PNG spoke to oil and gas analysts about what this mergers and acquisitions activity means for the sector.
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Impact of 2015 Papua New Guinea drought may be worse than 1997, reports agricultural scientist

Now in its fifth month, PNG’s drought is having its biggest impact in high altitude locations and on the fringe of the Central Highlands, according to Agricultural Scientist, Dr Mike Bourke. He told Business Advantage PNG that this year’s drought is at least as bad as the 1997 drought, which affected nearly a million people in rural PNG.
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Second mine suspension in Papua New Guinea highlights drought impact

The suspension of a second mine in Papua New Guinea has highlighted the impact of the El Nino drought, which is also severely affecting the agriculture industry. Just how long the drought continues for will determine the long-term effects, according to Paul Barker, the Executive Director of the Institute of National Affairs.
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Pacific International Hospital targets more affordable health services in Papua New Guinea

Pacific International Hospital, Papua New Guinea’s only private hospital offering advanced tertiary healthcare, continues to introduce medical treatment not previously available in the country at its new facility in Port Moresby. CEO Dr Amyna Sultan told Business Advantage PNG that the PIH is now focused on making this treatment more affordable for average families.
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What we learned in Papua New Guinea: Hawkins Group CEO

The completion of the Kulum Flyover project proved that Papua New Guinea was capable of delivering significant road infrastructure developments at an international standard under tight time constraints. Lead contractor, New Zealand’s Hawkins Group, executed a project that provided a number of lessons for infrastructure developments in the future.
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Medium orbit satellites bring low-cost, high performance Internet to Papua New Guinea and the Pacific

Satellite-enabled phone and data services have often been considered a technology of last resort, due to relatively high costs and quality constraints. However, Dutch company O3b is pioneering the next generation of cheaper, more reliable satellite communications in Papua New Guinea and the Pacific—good news for a region where getting connected can be a major challenge.
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