In brief: Mayur Resources granted environmental permit, and other business news

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Mayur granted coal permit, Papua New Guinea signs up to China’s Belt and Road initiative and Newcrest settles insurance claim. Your weekly digest of the latest business news.

Economic update: major projects will be crucial for Papua New Guinea’s economy

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The fate of some major projects will be critical for the future of the Papua New Guinea economy over the next decade. In the second of a two-part series, Andrew Wilkins discusses the implications.

Take the long-term view to investing in Papua New Guinea, says brewer

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The secrets to a successful business operation in Papua New Guinea are to form partnerships, stay ahead of the game and be the best in your field. But the key, says Stan Joyce, Managing Director of SP Brewery, is to take the long-term view.

Papua New Guinea Investment Conference ‘a resounding success’

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The Business Advantage Papua New Guinea Investment Conference was held last week in Sydney, successfully showcasing the nation’s potential as an investment destination and canvassing different views from the business community about the opportunities and challenges. A clear picture of the country’s—and the Pacific region’s—great untapped potential emerged.

Brand poll shows that well-established companies dominate in Papua New Guinea

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A new online survey by Business Advantage PNG to identify Papua New Guinea’s most recognisable local brands suggests that there are four stand out companies. So, what makes brands ‘stick’ with consumers?

In brief: Newcrest sells Hidden Valley stake to Harmony and other business news

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Newcrest Mining sells its Hidden Valley stake to Harmony Gold, group marketing of coffee exports to South Korea and an agreement to ban harmful fisheries subsidies. Your weekly digest of the latest business news.

In brief: Government to discuss future of Bougainville shares and other business stories

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National Executive Council to discuss future of Bougainville shares, gold production at Lihir up and Bougainville government launches a new tourism initiative. Your weekly digest of the latest business news.

Manufacturers survey: adapting to tougher economic conditions

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Papua New Guinea’s manufacturers experienced difficult conditions in 2015 and many are concerned that things will get worse before they get better. David James talks to some of the key figures from the sector to find out how they are coping with the tough market conditions.

Running a brewery in Papua New Guinea ‘like farming’, says SP Brewery’s Joyce

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Running a manufacturing business in Papua New Guinea is like being a farmer, Managing Director of SP Brewery, Stan Joyce, tells Business Advantage PNG. There are good years and there are difficult years.

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.