In brief: K100 million for Ihu Special Economic Zone and other business stories

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Ihu Special Economic Zone gets funds, Prime Minister Marape urges national to go into small agriculture businesses and the Internal Revenue Commission opens an office in Jiwaka Province. Business news to stay on top.

In brief: Business Council reminds Papua New Guinea government to pay K2.8 billion debt and other business stories

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Business Council reminds government of its K2.8 billion debt, Newcrest to be listed on Canada’s stock exchange and Papua New Guineans open up about the Zhenhua data breach. The business news you need to kickstart your week

Making things harder: how manufacturers are adapting to Papua New Guinea’s pandemic trading landscape

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Chey Scovell, head of the Papua New Guinea Manufacturers Council, talks to Business Advantage PNG about how his sector is confronting the challenges of the new normal and an uneven playing field.

In brief: Huawei’s data centre in Papua New Guinea exposed and other business stories

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A report on Huawei’s data centre in Papua New Guinea shows it has security vulnerabilities, the Frieda River project gets a no from the East Sepik Provincial Assembly and new internet prices expected this year. The business news you need to kickstart your week.

People moves: Geopacific Resources, POMCCI, Newcrest, Coastal Shipowners Association

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Geopacific Resources elects a Non-Executive Director, the Port Moresby Chamber of Commerce and Industry (POMCCI) announces its Board composition for 2020 – 2021, Newcrest mining appoints a new Company Secretary.

In brief: Nadzab Airport redevelopment project officially launched and other business stories

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Nadzab airport set to get a major facelift, PNG Ports says only three ports are profitable, and SIM card registration deadline extended. The business news you need to kickstart your week.

In brief: Oil Search planning strategic review and other business stories

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Oil Search to undergo a strategic review, Newcrest remains positive about Wafi-Golpu and public consultation on internet pricing. The news you need to kickstart your week.

People moves: NASFUND, Newcrest, Embassy of Denmark, ANZ

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NASFUND welcomes two independent directors to its board, Newcrest gets a new Chief Legal, Risk and Compliance Officer, the Danish Ambassador announces the end of his tenure and ANZ appoints a new member to its Group Executive Committee.

In brief: Oil Search still keen on P’nyang gas project and other business stories

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S&P Global Rating lowers Papua New Guinea’s sovereign credit rating, Zijing Mining sends letter to Prime Minister Marape and PNG DataCo lands the Kumul Submarine Cable in Kavieng. The business news you need to kickstart your week.

Digging deeper: Mineral Resources Authority confident about the future of Papua New Guinea’s mining sector

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The global economic crisis triggered by COVID-19 outbreak has increased the urgency for Papua New Guinea to facilitate mining projects, which are the biggest providers of crucial foreign exchange. Business Advantage PNG speaks exclusively PNG’s Mineral Resources Authority about where the sector is heading.