The Asian Development Bank has appointed Ma Carmela Locsin as the new Director General for its Pacific department.
In brief: National Transmission Network ready by the end of 2017, and other business stories
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28 Jun 2017 by Leave a Comment
Broadband network to be completed by the end the year, Oil Search concludes five-year credit agreement and ADB approves funding Highlands Highway project. Your weekly digest of the latest business news.
Ten-year project to repair and maintain Papua New Guinea’s critical Highlands Highway to start by year’s end, says Wereh
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21 Jun 2017 by 15 Comments
Work on the ‘most critical’ 90-kilometre section of the Highlands Highway will begin later this year, under an ambitious 10-year repair and maintenance program, funded by the Asian Development Bank. Works Secretary David Wereh tells Business Advantage PNG, he is already looking to use the funding model to ‘fix’ 16 High Priority roads in other parts of the country.
People moves: Asian Development Bank, UPNG, Chinese Embassy, PNG High Commissioner to UK
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30 May 2017 by Leave a Comment
A new Country Director for the Asian Development Bank, Vice-Chancellor of UPNG steps down, the new Chinese Ambassador presents his credentials, and PNG’s UK High Commissioner takes on a key EU role
The Solomon Islands are ripe for growth, says the chair of its chamber of commerce and industry
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23 May 2017 by 1 Comment
The Solomon Islands’ economy grew by three and a half times between 2003 and 2016. In the first of a two part series, Business Advantage PNG looks at the challenges and opportunities facing the emerging nation.
In brief: BSP proposed ASX listing postponed, and other business stories
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18 Apr 2017 by Leave a Comment
Bank South Pacific postpones its proposed listing on the ASX, Asian Development Bank Director predicts growth to rise in 2018, and K20 million to help fight coffee borer. Your weekly digest of the latest business news.
In brief: Government to buy 20 per cent shareholding in Port Moresby hotel complex, and other business stories
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21 Mar 2017 by Leave a Comment
Government to spend K300 million buying into Star Mountain Plaza project, Bougainville President supports new-look BCL, and Trade Minister seeks ban on Fiji imports. Your weekly digest of the latest business news.
What’s on the agenda for Papua New Guinea business in 2017?
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18 Jan 2017 by 2 Comments
As Papua New Guinea business gets back to work, Business Advantage PNG looks at some of the issues coming up in 2017. It looks likely to be a year of preparing for better times.
In brief: BSP Chairman says dual listing on ASX ‘speculative’, and other Papua New Guinea business news
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14 Dec 2016 by Leave a Comment
Papua New Guinea’s largest bank considers dual listing, ADB outlook for PNG ‘positive’, and Santos restructures. Your weekly digest of the latest business news.
Melanesian oceans worth K1.76 trillion says World Wildlife Fund
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27 Oct 2016 by 1 Comment
Melanesian oceans has calculated that its Gross Marine Product is equivalent to the combined economies of Fiji and the Solomon Islands and argues it requires special stewardship. An Asian Development Bank (ADB) report points to particular issues in tuna fishing.
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