People moves: Asian Development Bank

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New ADB Director General for the Pacific.

Opinion: What will US aid cuts mean for Papua New Guinea and the Pacific?

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The United States’ Trump Administration’s freeze on foreign aid will be felt around the world, including in Papua New Guinea. Terence Wood of the Australian National University’s Development Policy Centre breaks down the potential impact on PNG and the Pacific.

Investment conference to focus on growth opportunities and business conditions in Papua New Guinea

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Disruptive technology, Papua New Guinea’s next wave of infrastructure and resources projects, and the rising influence of ESG on business are some of the topics to be covered by the upcoming 2024 Business Advantage PNG Investment Conference.

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

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The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab Tomodachi – capable of welcoming international flights. Business Advantage PNG visits the new facility.

Regulatory overhaul to turbocharge capital market growth in Papua New Guinea

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Proposed amendments to the laws governing Papua New Guinea’s capital markets aim to open up the market to more ways of raising capital and strengthen governance in the sector.

Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference

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Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.

In brief: World Bank to fund new agriculture project in Papua New Guinea and other business stories

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The World Bank announced new program and generous funding for Papua New Guinea agriculture sector, call centre launched for the 2022 elections and the Civil Aviation Development Investment Program eyes phase 2. The business news you need today.

People moves: Credit Corporation, Asian Development Bank

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Credit Corporation welcomes new Group Chief Risk Officer and the Asian Development Bank announced new Special Senior Adviser for Climate Change.

Roads to recovery: Connect PNG to offer K3 billion in capital works contracts

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Phase 1 of Papua New Guinea’s ambitious K20 billion Connect PNG infrastructure plan will see a focus on connecting capital city Port Moresby to the second city of Lae by road, according to the Department of Works and Implementation Secretary, David Wereh. Funding the work remains a challenge, however.

Papua New Guinea Investment Conference gets off to a flying start

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The three day Business Advantage Papua New Guinea Investment Conference got off to a flying start on Tuesday 7 September, with no less than two prime ministers and a host of other expert speakers addressing the digital forum. The tone was more upbeat than could have been expected 18 months into the COVID-19 pandemic. The […]