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.
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In brief: Prime Minister resists arrest warrant and other stories
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Filed Under: In brief, News Tagged With: Bank of Papua New Guinea, China Engineering, Digicel (Parent company and all subsidiaries), Investigation Taskforce Sweep, Kumul Consolidated Holdings, National Housing Corporation, Niuile No 16, Papua New Guinea Chamber of Resources and Energy (PNG CORE), Parties to the Nauru Agreement, PNG Air, PNG Power, Remington, Trukai Industries, World Bank
Analysis: Pacific governments need to tighten regime for foreign tuna fleets
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The Parties to the Nauru Agreement (PNA) agreed at its meeting in Honiara in March 2014 to set limits on tuna catches. Sean Dorney argues Pacific governments now need to address illegal fishing, an errant European Union, and the threat posed by subsidised foreign fishing fleets.
Filed Under: Fisheries, Industry sectors, Opinion/analysis, Sections Tagged With: European Union, National Fisheries Authority (NFA), Pacific Islands Forum, Parties to the Nauru Agreement
Sector profile: Fisheries
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Fisheries has emerged as one of Papua New Guinea’s most dynamic sectors, following a wave of investment from Asia. In this special feature, Samantha Magick speaks with some of the sector’s key players about its current state and the prospects for further expansion. In 2010, PNG supplied about 17% of the world’s tuna catch, a […]
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