In brief: BSP bid to buy Westpac Vanuatu rejected, and other business stories

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Vanuatu’s Reserve Bank rejects sale of Westpac Vanuatu to BSP, Airlines PNG invited to fly into Samoa and ‘show cause’ notice issued over slow progress of new Lae highway. Your weekly digest of the latest business news.

How Papua New Guinea business is supporting the Pacific Games

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This weekend, the Pacific Games commences in Port Moresby, attracting some 4000 athletes from across the Pacific, with events televised in each of the 24 participating countries. How has Papua New Guinea business made the most of the opportunity? Business Advantage PNG investigates.

Papua New Guinea Queen’s Birthday Honours list 2015: four new knights

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Four new Knighthoods are among a total of 91 Papua New Guineans recognised by the Queen in this year’s Queen’s Birthday Honours list.

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.

People moves: Ok Tedi Mining, PNG Rubber Board, PNGRFL, and more

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A new MD for Ok Tedi Mining, appointees to the new PNG Rubber Board, an acting CEO for the PNGRFL and others appointments

In brief: Air Niugini expands services with Melanesian partnership, and other business stories

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Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.

Curtain Bros planning huge, new dockside facilities at Motukea Island

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Civil engineering firm Curtain Bros has big plans for Motukea Island, as it prepares to build new dockside facilities alongside the soon-to-be relocated Port Moresby Port. General Manager Justin McGann outlines the Motukea plans, and other new company projects, to Business Advantage PNG.

Ok Tedi Mining’s new COO outlines his strategy after Papua New Guinea extends the life of the mine

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The life of the key Ok Tedi mine is to be extended for another 11 years, but with falling ore prices and diminishing resources, the company faces critical challenges. In this exclusive interview with Business Advantage PNG, Musje Werror, the man chosen to lead Ok Tedi Mining, outlines his strategy.

People moves: ExxonMobil, Ok Tedi Mining, Pacific Fisheries Commission, Ministry of Transport

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A new MD at ExxonMobil, a new CEO for Ok Tedi Mining, a new head at the Pacific Fisheries Commission and an interim director within the Ministry of Transport

Five things we took home from the Papua New Guinea Mining and Petroleum Investment Conference

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In spite of the recent worldwide slump in commodity prices, numbers were strong at this week’s 13th Papua New Guinea Mining and Petroleum Investment Conference in Sydney. Business Advantage PNG examines why.