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.
In brief: Papua New Guinea to receive K4.2 million from the US and other business stories
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20 Apr 2020 by Leave a Comment
The United States commits K4.2 million in the fight against COVID-19 in Papua New Guinea, Monoyal project gets positive drilling results and PNG confirms five new cases of COVID-19. The business news you need to kickstart your week.
In brief: Papua New Guinea’s financial institutions respond to State of Emergency and other business stories
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6 Apr 2020 by 1 Comment
Papua New Guinea’s financial institutions offer businesses support for State of Emergency, Oil Search cuts staff, and Air Niugini to resume flights. The business news you need to kickstart your week.
A new future for Paradise Spices
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13 Nov 2019 by 1 Comment
Paradise Spices is back in the hands of GTM Distributors General Manager Max Puritau, who is planning more products, staff and investment. He outlines the plans to Business Advantage PNG.
In Brief: Papua New Guinea’s Treasurer warns of ‘big and painful’ cuts in Tuesday’s Supplementary Budget and other business stories
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4 Oct 2019 by Leave a Comment
Treasurer says Papua New Guinea’s Budget deficit far worse than expected, Phillipines to export 5,000 mt of high quality rice to PNG, and Paradise Foods sells its spice business. Your weekly digest of business news.
Paradise Foods’ new Group CEO plans to double the business
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22 Jul 2019 by 2 Comments
Paradise Foods Limited is the oldest food manufacturer in Papua New Guinea and its new Group CEO, James Rice, is tasked with ensuring the company is number one across its food categories. In this exclusive interview with Business Advantage PNG, Rice shares his plans to double the business.
In brief: Papua LNG project to put Papua New Guinea as leading LNG exporter, and other business stories
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15 Jan 2019 by Leave a Comment
Forex turnover more than K4b in October, call for joint PNG-Australia coastguard initiative, and one kina chocolate bar on sale locally. Your weekly digest of the latest business news.
In brief: Air Niugini launches new direct routes, and other business news
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11 Sep 2018 by Leave a Comment
Air Niugini launches new direct route, Total wins contract for Lihir Gold Mine, and a new state-owned-enterprise is formed. Your weekly digest of the latest business news.
In brief: US, Australia and Japan announce new infrastructure fund for the Pacific, and other business stories
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31 Jul 2018 by Leave a Comment
Galip nut industry taking off, Horizon Oil reports strong quarter, and two online marketplaces launched. Your weekly digest of the latest business news.
Analysis: Papua New Guinea companies using rationalisation to adapt to weaker economic conditions
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10 Jul 2018 by Leave a Comment
The sluggish Papua New Guinea economy is triggering a bout of rationalisation, two of the recent examples being in the banking and manufacturing sectors.
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