Increased trade between Papua New Guinea and Indonesia set to be a focus

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The recent visit by Indonesian President Joko Widodo to Papua New Guinea is a sign of increased interest in boosting the trade relationship with PNG’s closest neighbour. Business Advantage PNG examines the business case.

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.

What kind of neighbour will Indonesia be under Joko Widodo?

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Indonesia is the only country with which Papua New Guinea has a land border. This week, it elected a new President. So, just who is Joko Widodo, and what kind of neighbour will Indonesia be under his leadership? Business Advantage PNG’s Jakarta correspondent reports.

National Petroleum Company deal with Pertamina ‘only limited by our joint imaginations’: Kramer

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Last month, Papua New Guinea’s fledgling National Petroleum Company signed its first deal, and it was a big one: a Memorandum of Understanding with Indonesia’s massive national oil company, Pertamina. NPCP Chairman Frank Kramer explains how the relationship will work.

Double taxation deal with Indonesia

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Indonesia and Papua New Guinea have ratified their double taxation treaty, in a sign of developing closer economic relations.

Around the world: why all those visits to Papua New Guinea from Australia? and other international stories

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Thoughts on why so many Australian ministers to visit PNG recently, closer trade ties with Indonesia loom, and Vanuatu’s new PM discusses changing the status quo.

Papua New Guinea turns to neighbouring Indonesia

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The Papua New Guinea Government plans to have a trade representative located in Jakarta from next year, as it seeks to boost trade and business links with neighbouring Indonesia.

Around the world: China rebounds/Jakarta floods

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China growth rebounds China’s growth rate rebounded in the final quarter of 2012 (to 7.9%) offsetting fears of a hard landing for the Chinese economy and providing a boost to the global resources sector. Jakarta floods Seasonal rain has brought Jakarta to a standstill and even led to calls for the capital to be relocated from the flood-prone […]