In brief: Central Bank pledges to increase monthly forex release to the market

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The Bank of Papua New Guinea to increase monthly forex release by US$40 million, Kumul Petroleum Holdings to supply energy to Special Economic Zones, and key PNG corporates post encouraging 2022 results. Your business news in brief.

In brief: Wafi-Golpu agreement to contain risk funding provisions and other business stories

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Morobe Governor says Wafi-Golpu agreement will contain risk funding provisions, internet cable breakages set to take months to fix, and superannuation fund puts pressure on government over rent arrears. The business news you need today.

In brief: Papua New Guinea to explore free trade agreement with China and other business stories

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Free trade agreement with China to be explored, Papua New Guinea’s Immigration and Citizenship Authority reactivates instant visas, and Port Moresby to get new tower development. The business news today.

Five questions for Paul Abbot, GM Commercial at Air Niugini

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Paul Abbot has had a long career in Papua New Guinea’s aviation industry and recently joined national carrier Air Niugini as General Manager Commercial. He talks to Business Advantage PNG about his new role and the current state of the sector.

In brief: Mineral Resources Enga signs Porgera agreement and other stories

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Mineral Resources Enga signs ‘milestone agreement’ towards the reopening of the Porgera mine, negotiations for sale of Telikom PNG and Air Niugini to upgrade fleet. The business news you can’t miss.

In brief: COVID-19 test no longer required for arriving passengers into Papua New Guinea

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COVID-19 test are no longer necessary for inbound passengers into Papua New Guinea, local company gets K62 million contract to project manage infrastructure projects and a coffee producer partners with the Australia’s Market Development Facility to establish a ‘revolving fund’. The news you need today.

In brief: Barrick’s boss visits Papua New Guinea to talk about Porgera and other business stories

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Barrick says ‘all we need is for a shareholders agreement’ to restart Porgera, Air Niugini outperforms Australian airlines, and Harmony Gold indicates Wafi-Golpu’s negotiations continue to progress. The business news you need.

In brief: Papua New Guinea’s Misima project goes for gold and other business stories

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Kingston Resources announces strategic review of Misima gold project, Digicel takes PNG Government to court as Telstra takes control, and direct flights to Fiji and Solomons return. The business news you need today.

Loyalty has its rewards in Papua New Guinea

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Loyalty schemes have dramatically transformed in Papua New Guinea with customers being offered more schemes, as well as more choice within existing loyalty programs. Here are the loyalty schemes you can’t miss.

People moves: Air Niugini, Judicial and Legal Services Commission

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Papua New Guinea’s national airline welcomes new General Manager Commercial and the Judicial and Legal Services Commission extends terms.