The week's business news in summary. In Brief is sourced from a variety of Papua New Guinea and international media outlets as a service to our readers. Business Advantage PNG makes no claim for the veracity of third party sources.

In brief: Australia aims to build undersea cables to Papua New Guinea and Solomon Islands, and other business stories

Australia undermines Chinese bid to build undersea cables, gas-fired power project approved by NEC, and Frieda River gold project to start in 2019. Your weekly digest of the latest business news.
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In brief: Design of floating LNG plan underway, and other business stories

Kumul Petroleum signs MOU for design of floating LNG plant,  K64 million tourism support for Milne Bay and ENB provinces, and BSP reports K185 million Q3 profit. Your weekly digest of the latest business news.
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In brief: O’Neill says 2018 Budget will encourage businesses and create jobs, and other business stories

Prime Minister O'Neill says 2018 will encourage business development and create jobs, IFC identifies niche markets for tourism growth, and Aropa Airport edges towards night flights. Your weekly digest of the latest business news. 
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In brief: Kagamuga Airport upgrade to allow jet landings, and other business stories

Airport upgrade to see night flights and early landings at Western Highlands airport, call to properly fund the fight against coffee berry borer, and Tkatchenko moves on illegally approved land sales. Your weekly digest of the latest business news.
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In brief: Leading banker calls for more foreign exchange injection, and other business stories

BSP wants another US$100-200m foreign exchange injection, Air Niugini expects local business benefits from Rugby League games, and gold refinery to expand. Your weekly digest of the latest business news.
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In brief: Philippines company to operate Motukea and Lae ports, and other business stories

Philippines port operator wins 25-year contract to run key ports,  Westpac MD outlines reasons for foreign currency backlog, and domestic gas clause to be part of new LNG projects. Your weekly digest of the latest business news.
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In brief: Construction phase of Panguna mine to cost US$4-6 billion, and other business stories

Bougainville Copper Ltd says Panguna mine could be operational by 2025-26, Foreign exchange injection this week, and Tolukuma gold mine may restart by year's end. Your weekly digest of the latest business news. 
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In brief: Tourism brings in only US$105 million in the first half of 2017, and other business stories

Tourism brings in only US$105 million in the first half of 2017, Lae businesses downturn about 30 per cent, says business leader, and SP Hunters win. Your weekly digest of the latest business news.
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In brief: Construction of industrial zone in Madang will commence soon, says O’Neill, and other business stories

Proposed K350m Pacific Marine Industrial Zone to start soon, tuna exports to the EU equal that of Thailand and Philippines, and Supplementary Budget to be 'rushed' through parliament next week. Your weekly digest of the latest business news. 
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In brief: Highlands Highway re-opens after a month-long blockade, and other business stories

Normal services along the Highlands Highways resume, coffee exports steady but expected to fall next year, and China approves loan for PMIZ. Your weekly digest of the latest business news.
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