In brief: Papua New Guinea to issue Eurobond later this year, and other business stories

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A US$500 million Eurobond to be issued later this year, Government owes US$88 million to local businesses and February earthquake bill to cost five percent of government expenditure. Your weekly digest of the latest business news.

The secret to resilience in tough times according to CPL, Papua New Guinea’s largest retailer

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Many business have reported the current business climate in PNG as ‘quiet’, with some saying income is down about 20 per cent. How has CPL fared? Business Advantage PNG talks to CEO, Ravi Singh.

In brief: Newcrest sells Hidden Valley stake to Harmony and other business news

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Newcrest Mining sells its Hidden Valley stake to Harmony Gold, group marketing of coffee exports to South Korea and an agreement to ban harmful fisheries subsidies. Your weekly digest of the latest business news.