Newcrest Mining sells its Hidden Valley stake to Harmony Gold, group marketing of coffee exports to South Korea and an agreement to ban harmful fisheries subsidies. Your weekly digest of the latest business news.
Asian Development Bank puts case for greater private involvement in state-owned enterprises
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21 Sep 2016 by 1 Comment
Increasing private sector involvement in Papua New Guinea’s state-owned enterprises (SOEs) would be a ‘powerful mechanism’ for improving the sector’s efficiency, according to a new report by the Asian Development Bank.
In brief: Oil Search and ExxonMobil buy gas licences in Gulf, and other Papua New Guinea business stories
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14 Sep 2016 by Leave a Comment
Oil Search and ExxonMobil buy into gas licences in Gulf of Papua, Sir Mick Curtain, founder of Curtain Bros, dies, and trade disagreement with Fiji resolved. Your weekly digest of the latest business news.
Air Niugini tells Cairns business it will increase capacity on Cairns-Port Moresby after Qantas withdraws
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31 Aug 2016 by 1 Comment
Air Niugini has assured Cairns businesspeople that it will continue to cater to the business and tourism community, after Qantas confirmed that it will no longer fly the Cairns-Port Moresby route, according to Cairns business leader, Kevin Byrne.
In brief: Government to discuss future of Bougainville shares and other business stories
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3 Aug 2016 by Leave a Comment
National Executive Council to discuss future of Bougainville shares, gold production at Lihir up and Bougainville government launches a new tourism initiative. Your weekly digest of the latest business news.
In brief: InterOil sale may raise competition issues and other business stories
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27 Jul 2016 by 1 Comment
Competition Commission concerned about possible monopoly in gas sector, O’Neill to issue statement on government shareholding in BCL and ANZ Bank CEO says there may be a need for a Supplementary Budget. Your weekly digest of the latest business news.
In brief: Petroleum Minister says Bougainville President should ‘carefully consider’ offer of free equity in BCL, and other business stories
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13 Jul 2016 by Leave a Comment
John Momis told to ‘carefully consider’ equity offer from Rio Tinto, ExxonMobil declines to confirm or deny InterOil bid, and Supreme Court orders parliamentary vote on no confidence motion. Your weekly digest of the latest business news.
In brief: Shortage of foreign exchange hindering investment, concerns about Customs procedures and Crowne Plaza on the market
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15 Jun 2016 by Leave a Comment
Shortage of foreign exchange hindering investment, concerns about Customs procedures and the Crowne Plaza Port Moresby hotel up for sale. Your weekly digest of the latest business news.
‘The new PNG cyberspace’: ecommerce set to take off in Papua New Guinea
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3 Jun 2016 by 6 Comments
With Papua New Guinea’s soon-to-be-completed National Transmission Network likely to bring improved internet speeds and reliability by the end of the year more PNG companies are expected to explore the possibility of selling goods and services online. Andrew Wilkins looks at the potential for ecommerce.
In brief: PM assures students 2016 Papua New Guinea Budget will be implemented, and other business news
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25 May 2016 by 1 Comment
O’Neill assures students 2016 Budget will be implemented, Singapore’s Jaya Holdings buys Moni Plus for K518million and Bougainville aims for mid-2019 independence vote. Your weekly digest of the latest business news.
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