In brief: Oil Search fends off takeover offer after Woodside shelves bid, and other business stories

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Woodside drops takeover bid for Oil Search, coffee pulper machine installed for smallholders in Jiwaka Province, and market conditions force Hides Gas Development Company to cut workforce. Your weekly digest of the latest business news.

In brief: Papua New Guinea to issue visas on arrival from next year for Australian tourists, but not business people, and other business stories

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Visas on arrival to be available for Australian tourists, Morobe Governor to suspend trading licences for shops using street vendors, and corruption cases net K25 million for government coffers. Your weekly digest of the latest business news.

In brief: Santos aims to improve balance sheet by raising funds, and other business stories

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Capital raising launched by Santos, Australia to provide drought relief for Papua New Guinea and National Fisheries Authority secures South Korean contract. Your weekly digest of the latest business news.

People moves: Deloitte Papua New Guinea, Association of South Pacific Airlines

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Senior appointments at Deloitte PNG, a new Chair of the Association of South Pacific Airlines

How Papua New Guinea business is supporting the Pacific Games

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This weekend, the Pacific Games commences in Port Moresby, attracting some 4000 athletes from across the Pacific, with events televised in each of the 24 participating countries. How has Papua New Guinea business made the most of the opportunity? Business Advantage PNG investigates.

Review: upgraded Air Niugini Paradise Lounge at Jacksons International Airport

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Weary business travellers will be delighted to discover facilities at Port Moresby’s Jacksons International Airport have received quite an upgrade recently, and none more so than Air Niugini’s new-look Paradise Lounge. Business Advantage PNG takes a look.

In brief: Credit Corp profit down after completion of LNG plant, and other business stories

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Credit Corp profit down, companies begin closing offshore foreign currency accounts, and new air navigation system to be installed across Papua New Guinea. Your weekly digest of the latest business news.

In brief: Papua New Guinea aims to strengthen business relationship with United Kingdom, and other business stories

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O’Neill wants PNG to take advantage of global business opportunities, Australia provides additional development funds, and Air Niugini outsources Lihir airport services. Your weekly digest of the latest business news.

In brief: Papua New Guinea’s rating outlook falls to negative with Moody’s downgrade, and other business stories

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Moody’s lowers Papua New Guinea rating outlook, Australians banned from Bougainville, and PNG to commence free trade talks with China. Your weekly digest of the latest business news.

In brief: Salini-Impregilo to develop Papua New Guinea’s biggest hydro project, and other business stories

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Italian firm to construct giant Chimbo hydro dam, SOEs’ assets valued at K20 billion, and development concept for Elk-Antelope expected by mid-year. Your weekly digest of the latest business news.