One-third of Papua New Guinea businesses expect sales boost from South Pacific Games

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Retailers, tourism operators and the hospitality industry are the main business beneficiaries of the 2015 South Pacific Games being hosted in Port Moresby, according to ANZ Economist Dan Wilson.

In brief: Credit Corp profit down after completion of LNG plant, and other business stories

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Credit Corp profit down, companies begin closing offshore foreign currency accounts, and new air navigation system to be installed across Papua New Guinea. Your weekly digest of the latest business news.

Corporate organisations build on success of remote Papua New Guinea health initiatives

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Travel times to medical centres in remote parts of Papua New Guinea have been cut from three weeks to as little as three hours as a result of health initiatives introduced by Digicel’s PNG Foundation. Business Advantage PNG spoke to Foundation CEO Beatrice Mahuru to find out how this has been achieved.

In brief: Papua New Guinea aims to strengthen business relationship with United Kingdom, and other business stories

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O’Neill wants PNG to take advantage of global business opportunities, Australia provides additional development funds, and Air Niugini outsources Lihir airport services. Your weekly digest of the latest business news.

In brief: mini-budget on the way for Papua New Guinea, and other business stories

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PNG Government likely to prepare mini-budget, Pacific Assurance Group urges Bank of PNG to lift restrictions, and Lihir mine temporarily ceases operations. Your weekly digest of the latest business news.

In brief: Salini-Impregilo to develop Papua New Guinea’s biggest hydro project, and other business stories

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Italian firm to construct giant Chimbo hydro dam, SOEs’ assets valued at K20 billion, and development concept for Elk-Antelope expected by mid-year. Your weekly digest of the latest business news.

Digicel’s new Papua New Guinea chief sees connectivity and content converging

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The new CEO of Digicel PNG believes the company will evolve into a provider of content rather than simply a provider of pipes for consumers. Formerly Pacific Regional CEO, Maurice McCarthy told Business Advantage PNG the first priority is to expand access to Digicel’s networks.

People moves: Puma, Digicel, Indochine Mining

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Two new board members for Puma Energy, a new CEO for Digicel PNG and Indochine Mining company secretary departs.

In brief: Total to lead Elk-Antelope gas development, and other business stories

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Joint venture elects Total as operator, PNG DataCo discusses Solomon Islands link, and WCB Resources lifts stake in gold project. 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.