Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.
In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories
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Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.
In brief: Conn says Port Moresby businesses have ‘lost hope’ in security in Papua New Guinea, and other business stories
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Violence takes a toll on businesses in Papua New Guinea, Anglo American and Highlands Pacific form joint venture, and Sime Darby extends takeover deadline for NBPOL. Your weekly digest of the latest business news.
Milne Bay Province: more than just a tourism hub for Papua New Guinea
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The province of Milne Bay is developing as a tourism hub for Papua New Guinea and also hosts agricultural and gold projects. Business Advantage PNG explores its business and investment prospects.
Program firms up for Papua New Guinea Advantage Summit
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September’s Papua New Guinea Advantage Investment and Infrastructure Summit looks like being the largest ever, with delegate registrations up and a very strong roster of high profile speakers, say organisers.
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.
Stronger kina will affect exporters, say business leaders
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The Bank of Papua New Guinea’s move to strengthen the value of the Papua New Guinea kina against the US dollar has taken business by surprise, with some business leaders saying it will impact on primary industry producers.
People moves: Papua New Guinea Chamber of Commerce and Cue Energy
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A new CEO for the PNG Chamber of Commerce and Industry, a new Chief Operations Officer for Water PNG and changes to Cue Energy’s board.
In brief: two or three new LNG trains coming and other stories
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More LNG trains likely for Papua New Guinea, Chamber of Commerce comes out in support of INA head, and gas-fired power may be coming to Port Moresby. The week’s business news in brief.
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