The Bank of Papua New Guinea’s move to strengthen the value of the Papua New Guinea kina against the US dollar has taken business by surprise, with some business leaders saying it will impact on primary industry producers.
In brief: O’Neill to outlaw Special Agricultural Business Leases and other business stories
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29 May 2014 by Leave a Comment
Cabinet to ban SABLs, Telikom prepares for transition to becoming a retailer, and a possible eight-year delay in upgrading Lae airport. Your weekly digest of the latest business news.
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.
The long journey to fix Papua New Guinea’s roads
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20 Mar 2014 by Leave a Comment
Hundreds of millions of dollars is being spent in Papua New Guinea on road repairs and new roads, from Port Moresby to the Highlands and coastal provinces. Business Advantage PNG surveys what the country will get for its money, and considers what is still needed.
Lae Chamber of Commerce favours asylum-seeker deal
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31 Jul 2013 by Leave a Comment
The Lae Chamber of Commerce (LCCI) says the Rudd–O’Neill asylum seeker deal ‘will be positive for business’, according to chamber president, Alan McLay.
In brief: InterOil to begin drilling new wells and other stories
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22 Jan 2014 by Leave a Comment
InterOil to begin eight new wells in Gulf Province, Lae business chamber calls for more fire services, and Bougainville prepares for referendum. Your quick digest of the week’s business news.
Lae airport highway upgrade begins this month
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3 Jul 2013 by
Construction of the long-awaited Lae-Nadzab Road upgrade to a four-lane highway begins this month, after Prime Minister Peter O’Neill launched the project last week.
Majestic opening starts fish cannery boost for Lae
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12 Jun 2013 by
Lae is set to become the South Pacific’s main fish processing centre, with the opening of one massive new cannery this week, the commencement of construction for another, with more on the drawing board.
Opinion: Fixing Papua New Guinea’s law and order problem
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15 May 2013 by Leave a Comment
Law and order is back on the agenda, with this week’s National Haus Krai on violence against women, Australia reactivating its assistance to the PNG’s police and the Government committing itself to heavier punishments for some key offences. But solving PNG’s law and order problems will require much more, says Alan McLay.
First step towards direct flights between Lae and Cairns?
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27 Mar 2013 by Leave a Comment
Business people in Morobe Province are hoping a new timetable, which sees Air Niugini flying between Lae and Cairns via Port Moresby, is the first step towards direct flights between Australia and PNG’s second city.
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