In brief: Barrick urges Papua New Guinea to complete all processes to reopen Porgera and other business stories

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Barrick’s CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG’s contribution to the State. Your business news in brief.

In brief: Barrick urges Papua New Guinea to complete all processes to reopen Porgera and other business stories

Welcome,

Barrick’s CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG’s contribution to the State. Your business news in brief.

In brief: Papua New Guinea wants to advance key resources projects before Q3 and other business stories

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Papua New Guinea’s Prime Minister travels to Lae for Wafi-Golpu project, the Minister says PNG is open to welcoming new ICT operators, and confirmed COVID-19 cases increase as PNG adapts to the Niupela Pasin or ‘new normal’. The business news you need to kick start your week.

In brief: World Bank releases new economic outlook for Papua New Guinea and other business stories

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The World Bank predicts slower GDP growth for Papua New Guinea, P’nyang could still be on the table and fibre optic cable landing to start in Vanimo. The business news you need to kick-start your week. Resources Patrick Pouyanne, CEO of the French oil and gas company Total, has said that ExxonMobil and PNG need […]

Agriculture in Papua New Guinea: a sector profile

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A profile of the agriculture sector in Papua New Guinea, including governance and legislation, key players, opportunities, challenges and incentives. 

In brief: negotiations for P’nyang hit a wall and other business stories

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Minister expresses disappointment over P’nyang negotiations, companies owe about K1.8 billion in salaries and wages to the Internal Revenue Commission, and Australia is set to provide over K1 billion loan to PNG. Your weekly digest of business news.

Frozen fries the start of an ambitious import substitution plan for Papua New Guinea

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A brand-new factory in the Highlands has begun processing locally grown potatoes. This is part of an ambitious import substitution plan that could provide thousands of jobs, cut the price of frozen foods and save valuable foreign currency.

The challenges of investing in Papua New Guinea agriculture

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Papua New Guinea’s agricultural industries have great potential but operators have to learn to fend for themselves. That was the message at the 35th Australia Papua New Guinea Business Forum & Trade Expo in Port Moresby.

In brief: US$8 billion Frieda River feasibility study released and other business stories

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Feasibility study for Frieda River mine in Sepik Province reveals expanded project, government accounts close this Friday and Pacific nations look to extended their exclusive economic zones. Your weekly digest of the latest business news.

In brief: Construction milestone for PNG’s tallest building, and other business news

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Construction milestone for PNG’s tallest building,  renewed support for fisheries training and PNG launches legal action in Australia. Your weekly digest of the latest business news.