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Government policies set a more optimistic mood for Papua New Guinea’s manufacturers

27 Mar 2019 by 1 Comment
The Chief Executive of the Manufacturers Council of Papua New Guinea, Chey Scovell, has given an upbeat assessment of the prospects for the manufacturing sector. He tells Business Advantage PNG that the mood, while cautious, is becoming more optimistic.
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Six questions for Asian Development Bank Vice President Diwakar Gupta

12 Mar 2019 by Leave a Comment
The Asian Development Bank is one of the largest international investors in Papua New Guinea, mainly in infrastructure. One of its six Vice-Presidents, Diwakar Gupta—who is responsible for Private Sector and Cofinancing Operations—tells Business Advantage PNG the bank also has funds to invest in PNG's private sector—under certain conditions.
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Steamships managing director looks to growth opportunities

25 Feb 2019 by Leave a Comment
One of Papua New Guinea’s oldest and largest companies is focusing on expanding its hotel and property interests, according to Managing Director, Michael Scantlebury. He tells Business Advantage PNG an uplift in PNG's economic outlook is providing fresh investment impetus.
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Papua New Guinea’s foreign exchange and budget situation improving, says central bank Governor

29 Jan 2019 by Leave a Comment
The Governor of the Bank of Papua New Guinea, Loi Bakani, says the foreign exchange market is on track to return to normalcy. In an exclusive interview with Business Advantage PNG, he says the PNG LNG project has begun paying taxes for the first time, which is improving the Government’s budgetary position.
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New majority owner of Port Moresby Stock Exchange outlines its plans

12 Dec 2018 by 5 Comments
The Port Moresby Stock Exchange has new majority owners. So, who's behind Pacific Capital Markets Development and what are their plans for Papua New Guinea's bourse? In this exclusive interview, one of the Principals of Pacific Capital, Frank Dunphy, reveals all to Business Advantage PNG.
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Papua New Guinea PM O’Neill looks for lasting policy legacy from APEC

2 Oct 2018 by Leave a Comment
In the second half of his exclusive conversation with Business Advantage PNG's Andrew Wilkins, the Prime Minister Peter O'Neill says the policies developed at the APEC Leaders meeting will have a lasting impact on the country. He says APEC marks a unique opportunity to market PNG as an investment destination.
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