Breaking new ground: Tuhava Town shows the way for land use in Papua New Guinea

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The ambitious housing development from Rhodes PNG Limited is a “first of its kind” land-use model that aims to deliver affordable housing to the country’s rising middle class.

People moves: Treasury, Bank of Papua New Guinea, World Bank, Datec PNG, IFC and Port Moresby Nature Park

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Treasurer reinstated and Bank of Papua New Guinea appoints new Financial Analysis and Supervision Unit (FASU) Director.

Kumul Minerals head: Wafi-Golpu contract to be completed by mid-2024

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Sarimu Kanu, Managing Director of state-owned miner Kumul Minerals Holdings, gives an update on the progress of the Wafi-Golpu mine project to Business Advantage PNG, and outlines the company’s strategy to consolidate some of Papua New Guinea’s smaller mining projects.

In brief: the Prime Minister of India visits Papua New Guinea and other business stories

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Reduced internet costs could be expected this year, the Finschhafen District Hydropower Project advances and the Prime Minister of India visits Papua New Guinea to participate in forum.

The future is now: how Papua New Guinea can harness renewable energies

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From solar mini grids to green hydrogen, Papua New Guinea needs to look to renewable energies to solve its energy needs.

Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference

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Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.

Papua New Guinea could provide ‘ideal locations’ for green hydrogen production: IFC

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Green hydrogen has been touted as the next big move to lower carbon emissions and Papua New Guinea is well positioned to develop this resource. Devesh Singh, the International Finance Corporation’s Operations Officer (Climate & Energy) – South Asia and Pacific, tells Business Advantage PNG what green hydrogen could mean for PNG and other developing nations.

People moves: International Finance Corporation, Steamships, Credit Corporation (PNG), FX Business Centre

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The International Finance Corporation (IFC) announces new Country Manager for the region, Steamships welcomes Corporate Affairs Head, Credit Corporation (PNG) appoints new board member and a new General Manager joins FX Business Centre.

In brief: PNGX partners with IFC and other business stories

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Papua New Guinea’s national stock exchange partners with the International Finance Corporation (IFC), Prime Minister Marape calls for peace and order during the elections, and Telikom PNG warns about disruptions in services.

Plummeting prices of solar will ‘change the game’ in Papua New Guinea: President

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Christian Lohberger, President of the Solar Association of PNG, updates Business Advantage PNG on all matters solar and why the future of Papua New Guinea’s renewables sector looks bright.