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CPL eyes expansion, but is waiting on Papua New Guinea’s economic recovery

6 Jun 2017 by 2 Comments
Papua New Guinea's largest retailer is still only servicing about 30 per cent of Papua New Guineans, according to Chairman of CPL Group, Mahesh Patel. While it has product and store expansion plans, Patel says CPL is waiting on a general economic recovery before moving forward.
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Highlands Pacific shifts strategy to focus on controlling projects in Papua New Guinea

6 Jun 2017 by Leave a Comment
Highlands Pacific is expanding its focus from large projects and exploration, to controlling interests in smaller projects offering near term returns. Highlands Pacific Managing Director, Craig Lennon, tells Business Advantage PNG it is a response to market changes.
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Five questions for Michael McMillan, Townsville Enterprise policy director

30 May 2017 by Leave a Comment
Michael McMillan, Director of Policy and Investment for the Townsville Enterprise, explains to Business Advantage PNG that, with Air Niugini now conducting direct flights from Townsville to Port Moresby, there is greater reciprocal interest between the two cities. He says a delegation of Townsville business people went in May to Papua New Guinea’s capital city to look at the business possibilities.
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Five questions for: Edwini Kessie, Pacer Plus Chief Trade Adviser

24 Apr 2017 by Leave a Comment
The long-awaited Pacer-Plus Pacific trade agreement is expected to be signed in early June, after the 14 Pacific countries concluded their talks in Brisbane last week. But Papua New Guinea and Fiji have said they will not participate. Business Advantage PNG asked World Trade Organisation negotiator, Edwini Kessie, what PNG is missing out on.
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Trukai to expand its Papua New Guinea rice production despite uncertainty, says CEO Worthington-Eyre

4 Apr 2017 by 4 Comments
With the Papua New Guinean Government remaining tight-lipped on progression of its proposed rice policy, Trukai Industries is going ahead with the expansion of its rice business, Chief Executive Officer Greg Worthington-Eyre tells Business Advantage PNG.
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Papua New Guinea economy showing positive signs says James Lau, MD of RH Group

21 Mar 2017 by Leave a Comment
James Lau, Managing Director of Rimbunan Hijau Group tells Business Advantage PNG that he sees positive developments with hotels, agriculture, gold and the country’s preparations for the 2018 APEC meeting. But he says continuing weakness in commodity prices will limit Papua New Guinea’s growth in the short to medium-term.
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