PNG Bank governor says shortage of forex affecting businesses, interest rates comparatively ‘very high’, and ANZ identifies small inflation rise. Your weekly digest of the latest business news.
People moves: International Finance Corporation, Independent Public Business Corporation
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21 Jan 2015 by
IFC’s PNG Country Coordinator moves on, new Business & Community Manager at IPBC
People moves: Steamships, Indochine and IPBC
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26 Nov 2014 by Leave a Comment
New Managing Director of Steamships, a new Chairman for Indochine Mining and IPBC directors reappointed.
Launch of Link PNG marks start of expansion plans for Papua New Guinea’s national carrier
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26 Nov 2014 by Leave a Comment
Air Niugini is looking to expand its services to other Melanesian countries from 2015, and possibly China in coming years. The plans follow the launch of its new low-cost domestic subsidiary, Link PNG, which has implications for other state-owned enterprises.
Prepare for a ‘tsunami’ of development projects: Independent Public Business Corporation chair
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15 Oct 2014 by Leave a Comment
The Chairman of Papua New Guinea’s Independent Public Business Corporation (IPBC), Paul Nerau, has flagged a ‘tsunami’ of government-backed development projects worth billions of kina, including the relocation of Port Moresby’s port and gas-generated electricity.
Program firms up for Papua New Guinea Advantage Summit
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13 Aug 2014 by
September’s Papua New Guinea Advantage Investment and Infrastructure Summit looks like being the largest ever, with delegate registrations up and a very strong roster of high profile speakers, say organisers.
Lae is doing well, but land and town planning issues remain: McLay
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30 Jul 2014 by 3 Comments
With a new port, a new hospital and plans to redevelop Nadzab Airport, things are looking up for Lae, Papua New Guinea’s second-largest city. However, says Alan McLay, these developments highlight a shortage of land, and a need for more effective town planning.
In brief: Prime Minister resists arrest warrant and other stories
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18 Jun 2014 by Leave a Comment
Prime Minister Peter O’Neill refuses to step aside after corruption claims, courts approve UBS loan repayments and Papua New Guinea’s financial system is worth nearly K40 billion. Your weekly digest of the latest business news.
People moves: Telikom PNG, IPBC, PNG Power, APNGBC
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21 May 2014 by 4 Comments
New CEO at Telikom PNG, two new board members at IPBC, a resignation at PNG Power, a new council president, and Leighton’s chairman to retire.
In brief: Government to invest in limestone production study, and other business stories
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7 May 2014 by 1 Comment
Study into limestone production in Simbu, PNG Power CEO reinstated and enquiry into coastal shipping costs. Your weekly digest of the latest business news.
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