The current rise in the US dollar is likely to flatten in 2016, offering respite to Pacific curencies, according to ANZ economists, Glenn Maguire and Eugin Lee.
Easing of rise in US dollar will offer respite to Pacific economies, says ANZ
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People moves: Stanley Petroleum, ANZ Bank
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Stanley Petroleum appoints first woman chair, senior management changes at ANZ Bank
In brief: Santos rejects takeover bid as ‘opportunistic’, and other business stories
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Wealthy royal families’ bid for Santos rejected, the high cost of domestic violence to business, and poor economic news prompts fall in business confidence. Your weekly digest of the latest business news.
Foreign exchange controls affect Papua New Guinea business as ANZ calls for changes to kina trading range
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As Papua New Guinea’s business community continues to face foreign exchange shortages, ANZ Bank has called for a relaxation of the enforced trading band for the kina. Meanwhile, analysts say the kina is facing further downward pressure from the US dollar.
People moves: NZ Trade Commissioner, Fiji Trade Commissioner, ANZ Bank
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A new NZ Trade Commissioner, a new Fiji Trade Commissioner and the CEO of ANZ Bank to step down
ANZ presents its vision for future of Papua New Guinea electricity
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ANZ’s timely discussion paper, ‘Powering PNG into the Asian Century’, argues for further reform in Papua New Guinea’s electricity sector and a greater reliance on newer, cleaner energy technologies.
In Brief: O’Neill urges Papua New Guinea to produce ‘more high-quality exports’, and other business stories
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More high-quality exports needed for PNG, new approaches will assist PNG in meeting energy demand, and Japan’s Pan Pacific expects copper recovery. Your weekly digest of the latest business news.
One-third of Papua New Guinea businesses expect sales boost from South Pacific Games
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Retailers, tourism operators and the hospitality industry are the main business beneficiaries of the 2015 South Pacific Games being hosted in Port Moresby, according to ANZ Economist Dan Wilson.
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