LNG focus for Oil Search, ANZ warns on debt risk, and Barrick plans to offload Porgera mine. 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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28 Jan 2015 by Leave a Comment
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.
Papua New Guinea falls slightly in World Bank’s doing business 2015 rankings
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5 Nov 2014 by 3 Comments
Papua New Guinea has fallen two places in the latest World Bank Group assessment of the ease of doing business in world economies, released last week.
In brief: PNG Ports Corporation completes Lae extension, and other business stories
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5 Nov 2014 by
The extension project at Lae Port reaches a conclusion, PanAust feasibility study at Freida River on target, National Executive Council endorses PNG Sovereign Wealth Fund. Your weekly digest of the latest business news.
Yields expected to double as cocoa industry recovers from cocoa pod borer devastation
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9 Oct 2014 by 2 Comments
Papua New Guinea’s largest cocoa grower, trader and exporter, Agmark, says cocoa yields in East New Britain could double, as a result of new technology arising from the battle to recover from the impact of the cocoa pod borer.
High interest rates a hurdle for investors, says Nambawan Super, and other business stories
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24 Sep 2014 by Leave a Comment
Call for government to lower interest rates, inflation rises and Air Niugini reduces fuel surcharge. Your weekly digest of the latest business news.
Return to democracy good for Fiji economic growth, say rating agencies
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24 Sep 2014 by Leave a Comment
Last week’s elections in Fiji are ‘credit positive’, according to the Moody’s rating agency, after the leader of the 2006, Commodore Frank Bainimarama was sworn in this week as a democratically-elected prime minister.
BRICS bank offers investment access potential for Pacific nations
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27 Aug 2014 by 1 Comment
After years of relationship building, the BRICS nations-Brazil, Russia, India, China and South Africa-are setting up their investment bank. It’s a milestone for this strange mix of economies, but offers Pacific nations access to investment capital, says BRICS expert, David Thomas.
In brief: Crime and violence affects 80% of Papua New Guinea businesses, and other business stories
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20 Aug 2014 by
Crime and violence slowing business growth, Robusta coffee production to be boosted, and women’s bank launched
In brief: Prime Minister resists arrest warrant and other stories
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18 Jun 2014 by Leave a Comment
Prime Minister Peter O’Neill refuses to step aside after corruption claims, courts approve UBS loan repayments and Papua New Guinea’s financial system is worth nearly K40 billion. Your weekly digest of the latest business news.
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