In brief: Papua New Guinea government suspends vegetable import ban, and other business stories

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Ban imported vegetables suspended for three months, Mainland CEO calls for tougher bio security measures, and Oil Search confident, despite low oil prices. Your weekly digest of the latest business news.

Partial lifting of ban on imported vegetables to Papua New Guinea welcomed but calls for more production assistance

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Business welcomes the Agriculture Minister’s decision to temporarily lift a ban on some imported vegetables, but calls for more government support to lift production—and more consultation.

Five questions for: Arthur Lenoir, Leader of the French Trade Delegation to Papua New Guinea

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The entry of the global French-based energy giant, Total SA, has prompted the first French-only trade delegation to Papua New Guinea, which will visit Port Moresby and Lae next week. Delegation Leader, Arthur Lenoir, explains the rationale for the trip to Business Advantage PNG.

In brief: Papua New Guinea Government may review petrol supply regime, and other business stories

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O’Neill indicates government may open up petrol supply market, Australia questions if vegetable import ban breaches global trade rules, and plans for an 800,000 hectare forest in Western Highlands. 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.

In brief: Port Moresby Chamber backs Northern Australia development for Papua New Guinea, and other business stories

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Port Moresby Chamber applauds development of Northern Australia, Papua New Guinea well-placed on global LNG stage, and SP Brewery launches new brew. Your weekly digest of the latest business news.

In brief: Business endorses new Papua New Guinea police chief, and other business stories

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Business endorses new Police Commissioner, Kumul Flyover opens, and Oil Search chief says low prices are here to stay. Your weekly digest of the latest business news.

Program for 2015 Papua New Guinea Advantage Investment Summit released

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Registrations are now open for the 2015 Papua New Guinea Advantage Investment Summit, to be held at the Brisbane Convention and Exhibition Centre in Brisbane, Australia on 27 and 28 August.

Liquidity a major source of risk for Papua New Guinea businesses, says ANZ report

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Liquidity conditions have emerged as a major source of risk for the PNG economy, as the central bank governor reveals he spent US$570.9 million (K1.48 billion) to support the kina last year.

Return of PNG Government SME scheme encourages business development

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Papua New Guineans aiming to start a small and medium enterprise (SME) have been buoyed by the revival of the previously successful Stret Pasin Stoa Scheme, which adds to the number of programs helping the country develop a small business sector.