In brief: Trade official asks why Papua New Guinea spends K5 million annually on imported clothes, and other business stories

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Call for garment and textile sector to replace imported clothes, beneficiary groups intending to petition the Government over equity in PNG LNG, solar power could be the answer to Lae’s power problems. Your weekly digest of the latest business news.

In brief: Trump election bad for exporters says Chamber President, and other business stories

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Leahy predicts pressure on kina after Trump election, ban on beche-de-mer to be lifted and financing boost for SMEs. Your weekly digest of the latest business news.

People moves: Anitua, KPMG, Coffee Industry Corp

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A new Chief Executive Officer at Anitua, new senior appointments at KPMG, board appointments for Coffee Industry Corp

In brief: Kina depreciated by 36% since 2012, Reserve Bank governor reveals, and other business stories

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Loi Bakani says managing a depreciating kina is ‘very difficult’, Canadian court to hear appeal against InterOil buyout, and Coffee Industry Corp steps up rehabilitation program. Your weekly digest of the latest business news.

In brief: Interoil shareholders approve ExxonMobil takeover, and other business stories

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Eighty per cent of Interoil shareholders approve of ExxonMobil’s takeover bid, PNG economy to grow by two-to-three per cent, and plans for a new shipyard in Madang. Your weekly digest of the latest business news.

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.

People moves: Bank South Pacific, Coffee Industry Corporation and Australian Government

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A new board member at Bank South Pacific, and a new CEO for the Coffee Industry Corporation

In brief: Papua New Guinea forex pressure to ease by the end of April says BSP CEO, and other business stories

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Ok Tedi’s cashflow plus new loan to ease foreign exchange situation, feasibility study to look at water pipeline from Highlands to Queensland, and illegal fishing in Pacific costs US$660 million a year. Your weekly digest of the latest business news.

In brief: LNG overtakes gold as top export and other Papua New Guinea news

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LNG overtakes gold as PNG’s top export, number of female executive appointments in PNG public service low and Bank of South Pacific reports profit rise. Your weekly digest of the latest business news.

In brief: Papua New Guinea Government may review petrol supply regime, and other business stories

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O’Neill indicates government may open up petrol supply market, Australia questions if vegetable import ban breaches global trade rules, and plans for an 800,000 hectare forest in Western Highlands. Your weekly digest of the latest business news.