In brief: the Prime Minister of India visits Papua New Guinea and other business stories

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Reduced internet costs could be expected this year, the Finschhafen District Hydropower Project advances and the Prime Minister of India visits Papua New Guinea to participate in forum.

The future is now: how Papua New Guinea can harness renewable energies

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From solar mini grids to green hydrogen, Papua New Guinea needs to look to renewable energies to solve its energy needs.

Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference

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Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.

Papua New Guinea could provide ‘ideal locations’ for green hydrogen production: IFC

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Green hydrogen has been touted as the next big move to lower carbon emissions and Papua New Guinea is well positioned to develop this resource. Devesh Singh, the International Finance Corporation’s Operations Officer (Climate & Energy) – South Asia and Pacific, tells Business Advantage PNG what green hydrogen could mean for PNG and other developing nations.

People moves: International Finance Corporation, Steamships, Credit Corporation (PNG), FX Business Centre

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The International Finance Corporation (IFC) announces new Country Manager for the region, Steamships welcomes Corporate Affairs Head, Credit Corporation (PNG) appoints new board member and a new General Manager joins FX Business Centre.

In brief: PNGX partners with IFC and other business stories

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Papua New Guinea’s national stock exchange partners with the International Finance Corporation (IFC), Prime Minister Marape calls for peace and order during the elections, and Telikom PNG warns about disruptions in services.

Plummeting prices of solar will ‘change the game’ in Papua New Guinea: President

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Christian Lohberger, President of the Solar Association of PNG, updates Business Advantage PNG on all matters solar and why the future of Papua New Guinea’s renewables sector looks bright.

How to unleash the agriculture potential in Papua New Guinea’s Ramu and Markham valleys

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Papua New Guinea’s fertile Markham and Ramu valleys have the potential to become a food basket for the Asia-Pacific region. An International Finance Corporation (IFC) study highlights how this could be achieved.

Winds of change: why Papua New Guinea is perfectly placed for a wind-power revolution

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Papua New Guinea is sitting on a world-class wind power resource that could see it exporting power to the region in a relatively short space of time.

Financing a green, resilient and inclusive recovery [opinion]

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Alfonso Garcia Mora, Vice-President Asia and Pacific for the International Finance Corporation (IFC), a member of the World Bank Group, outlines some of the development challenges Papua New Guinea faces today and how the IFC is supporting private sector investment to address them.