In brief: Air Niugini launches new direct routes, and other business news

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Air Niugini launches new direct route, Total wins contract for Lihir Gold Mine, and a new state-owned-enterprise is formed. Your weekly digest of the latest business news.

In brief: Boost for roads and agriculture, tax review paper released, rubber production halts

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World Bank loan for roads and agriculture, draft tax review released and rubber farming halts in Western Province. Our summary of the week’s business stories.

Agribusiness [sector profile]

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Papua New Guinea’s agricultural sector has a number of competitive advantages, including high seasonal rainfall, good quality soil and low-intensity methods. The absence of pesticides and artificial fertilisers presents opportunities for PNG to position itself as a leading organic producer. Palm oil, coffee and cocoa are Papua New Guinea’s three most valuable agricultural commodities, together […]

A season of healthy growth

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Farming expertise, rich soil and high rainfall are behind Papua New Guinea’s organic strength. Agriculture accounted for more than 30% of Papua New Guinea’s GDP in 2011, according to World Bank figures. The sector expanded at a moderate pace in 2011, with many cash crops responding to high international prices. PNG’s most valuable cash crops—oil […]

Tapping into rubber

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North Fly Rubber is the Western Province’s leading exporting agribusiness. With further investment occurring, the sector has potential to grow further. The development of sectors such as commercial agriculture and eco-tourism can provide a sustainable income for even Western Province’s most remote communities. In this context, the progress being registered by the smallholder rubber sector […]