In brief: Further delay in start of Pacific Marine Industrial Zone, and other business stories

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China wants extra loan to fund PMIZ, unions concerned about housing tax on employees, Bank PNG questions accuracy of IMF economic report. Your weekly digest of the latest business news.

Cabinet approves 40 per cent rise in minimum wage, says O’Neill

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The Papua New Guinea Government has endorsed an increase in the country’s minimum wage of 91 toea to K3.20 per hour.