In brief: Prime Minister O’Neill on trade visit to China, and other business stories

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Prime Minister O’Neill on trade visit to China, state of emergency in Southern Highlands, and the future of trade tariffs on tuna exports to the UK. Your weekly digest of the latest business news.

People moves: Credit Corporation, PNG Air

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A new general manager for Credit Corporation, a resignation at PNG Air.

People moves: PNG Air, Papua New Guinea Chamber of Commerce and Industry, Works Dept., Corrs Chambers Westgarth, NASFUND

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The CEO of PNG Air resigns, the President of the Papua New Guinea Chamber of Commerce and Industry quits, Works Secretary re-appointed, a promotion to Partner at a Corrs Chambers Westgarth, NASFUND appoints a brand ambassador

Papua New Guinea Earthquake Update: relief efforts continue as Restoration Authority established

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The Papua New Guinea government has set up a new authority to oversee the restoration of services and infrastructure, following the February 26 earthquake. As humanitarian relief work continues, analysts expect GDP to fall slightly.

In brief: Broadening of Papua New Guinea tax base predicted, and other business stories

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Future Budgets expected to see significant tax changes, Sovereign Wealth Fund to be finalised in 2018, and PNG Air enters freight market. Your weekly digest of the latest business news.

In brief: Central bank maintains monetary policy stance, and other business stories

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BPNG’s monetary policy unchanged, Minister wants real estate industry controlled, and debit cards to double in the next 12 months.

LNG prices strong and copper continues its upward trend: a monthly review of Papua New Guinea’s commodities and financial markets

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LNG prices have surged but oil prices are stable, while cocoa prices are up but coffee is down. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.

In brief: Construction of industrial zone in Madang will commence soon, says O’Neill, and other business stories

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Proposed K350m Pacific Marine Industrial Zone to start soon, tuna exports to the EU equal that of Thailand and Philippines, and Supplementary Budget to be ‘rushed’ through parliament next week. Your weekly digest of the latest business news. 

In brief: More than just a Supplementary Budget needed says UN Country Manager, and other business stories

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Roy Trivedy says Supplementary Budget is essential but not enough, Telikom and bmobile merger approved, visas for SME workers on hold.

In brief: Sir Michael Somare retires after 49 years in politics, and other business stories

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Founding Prime Minister retires, new US Embassy to be built, NRI questions land allocation for petroleum park. Your weekly digest of the latest business news. Papua New Guinea’s longest serving MP and first Prime Minister, Grand Chief Sir Michael Somare, has bowed out of politics after 49 years. The former Prime Minister said at an NBC Press Club interview […]