Falling commodity prices and rating outlook drop prompts Budget review, O’Neill supports Madang marine zone and new police chief to boost numbers in Port Moresby. Your weekly digest of the latest business news.
In brief: Treasury to review 2015 Papua New Guinea Budget, and other business stories
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In brief: relocation of Port Moresby Port to Motukea Island site backed by review, and other business stories
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Motukea Island a ‘suitable site’ for Port relocation, majority of Papua New Guinea SMEs in retail, and PNG first Pacific nation to join alliance. Your weekly digest of the latest business news.
In brief: Low inflows of foreign currency affecting Papua New Guinea businesses, and other business stories
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PNG Bank governor says shortage of forex affecting businesses, interest rates comparatively ‘very high’, and ANZ identifies small inflation rise. Your weekly digest of the latest business news.
In brief: Moves to reduce internet charges and other business stories
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New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.
In brief: promise to complete key highway within 30 months and other business stories
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PM promises to upgrade Gulf-Southern Highlands Highway, a ban on foreigners buying land, and a possible chocolate factory for East Sepik. Your weekly digest of the latest business news.
In brief: Oil Search adapts to changing market conditions, and other business stories
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LNG focus for Oil Search, ANZ warns on debt risk, and Barrick plans to offload Porgera mine. Your weekly digest of the latest business news.
Five things we took home from the Papua New Guinea Mining and Petroleum Investment Conference
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In spite of the recent worldwide slump in commodity prices, numbers were strong at this week’s 13th Papua New Guinea Mining and Petroleum Investment Conference in Sydney. Business Advantage PNG examines why.
In brief: Crater Gold wins mining licence, and other business stories
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In brief: competition concerns over Oil Search, Bougainville mine and a review of bank charges
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Competition concerns over Elk-Antelope share holdings, ABG keen to re-open Panguna and Treasurer orders bank charges review. Your weekly digest of the week’s business news.
Promoting Papua New Guineans is good for business, says Cardno’s Cooper
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Putting Papua New Guineans into key roles will be a priority for Andrew Cooper, recently appointed to head the PNG operations of international consultancy group, Cardno.
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