In brief: No new taxes, says Prime Minister, and other business stories

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O’Neill says Supplementary Budget won’t contain any new taxes, Oil Search MD says oil and gas sector could earn K60 billion over the next seven years, and central bank prepares to use block chain technology. Your weekly digest of the latest business news. 

In brief: Incoming Treasurer to announce a 100-day economic plan, and other business stories

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Treasurer Charles Abel wants to restore confidence in the economy, election unrest in Mt Hagen may cost businesses K50 million, and BCL board meets in Bougainville. Your weekly digest of the latest business news.

Selling Papua New Guinea as a business and investment destination

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September’s Papua New Guinea Investment Conference in Sydney is designed to promote Papua New Guinea as a key business destination in our region. Business Advantage International’s Andrew Wilkins reveals some of the planning that is going into the program.

Highlands Pacific shifts strategy to focus on controlling projects in Papua New Guinea

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Highlands Pacific is expanding its focus from large projects and exploration, to controlling interests in smaller projects offering near term returns. Highlands Pacific Managing Director, Craig Lennon, tells Business Advantage PNG it is a response to market changes.

In brief: Government seeking Budget support of US$500 million, and other business stories

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Government seeking Budget support from World Bank, LNG partners seek huge savings by co-operating, Ok Tedi performing well after seven months. Your weekly digest of the latest business news.

People moves: Highlands Pacific

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A new board member at Highlands Pacific

In brief: BSP considers ASX listing, and other business stories

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Bank South Pacific explores secondary listing on Australian Exchange, Highlands Pacific considers selling stake in Frieda River project and strategy to counter coffee berry borer due this week. Your weekly digest of the latest business news.

In brief: Merger of Telikom, bmobile and DataCo under Telikom, and other business stories

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Government plans to merge Telikom, bmobile and DataCo, Highlands Pacific Chairman says PanAust’s resignation requests amount to a takeover, and PNG LNG reports 25% increase in LNG. Your weekly digest of the latest business news.

People moves: Kumul Consolidated Holdings, BSP, Highlands Pacific, EY

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An acting Managing Director at Kumul Consolidated Holdings, BSP appoints new Group Financial Officer, and Highlands Pacific appoints a new Director

Papua New Guinea’s resources sector still has some ‘bright stars’, says Anderson

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Times are undoubtedly tough in Papua New Guinea’s mining and petroleum sector, but as the industry prepares for its biennial conference in Sydney in December, the PNG Chamber of Mines and Petroleum’s Greg Anderson tells Business Advantage PNG there are still ‘bright stars’ to get excited about.