Opinion: How Papua New Guinea can cash in on coffee

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The Papua New Guinea Highlands has the potential to see a lucrative coffee boom if only it can weather key production and price issues, argue the International Food Policy Research Institute’s Rishabh Mukerjee and colleagues.

People moves: Capital Insurance Group, Coffee Industry Corporation

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The Capital Insurance Group announces Acting CEO and the Coffee Industry Corporation welcomes a new Board Chairman.

People moves: Deloitte PNG, Credit Corp, Steamships, Coffee Industry Corporation

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Deloitte PNG announces the names of its two new partners, Credit Corp’s Chief Risk Officer bids adieu, changes to Steamships board and new board appointed for the Coffee Corporation Industry.

In brief: Bougainville and Papua New Guinea government in post-referendum talks and other business stories

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Papua New Guinea’s National Government and Bougainville continue post-referendum talks, Bank South Pacific signs MoU with the Department of Finance for an online payment solution and Newcrest pledges zero carbon emissions by 2050. The business news in brief.

In brief: Reopening Porgera ‘will have a more immediate restorative effect’ and other business stories

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Foreign exchange pressures continue to escalate, the Executive Director of the Institute of National Affairs talks about the ‘restorative effect’ reopening Porgera could have, and Oil Search back on track.

New K500 million plan to boost Papua New Guinea’s coffee industry

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Papua New Guinea’s coffee industry has failed to reach its full potential, but a new plan aims to fix that.

In brief: tariffs, fees and levies hurting agriculture and other business stories

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NBPOL claims tariffs, fees and levies are hurting agriculture, SMEs to benefit from government’s stimulus and government owes over K1 billion to businesses. The business news you need to kickstart your week.

In brief: World Bank anticipates drop in exports for Papua New Guinea and other business stories

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The World Bank predicts lower export revenue for Papua New Guinea, fuel prices set to fall, and retailer appeals for calm. The business news you need to kickstart your week. 

Oil strong, LNG falls but palm oil jumps sharply [commodities]

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Oil and palm oil prices have strengthened but LNG continues to fall. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.

In brief: Papua New Guinea may face its largest budget deficit to date and other business stories

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Papua New Guinea’s Minister for Treasury finds the national budget in a ‘much more fragile situation’, K12 billion in unbanked money circulating, and poor regulations may be affecting SMEs. Your weekly digest of business news.