Government to spend K300 million buying into Star Mountain Plaza project, Bougainville President supports new-look BCL, and Trade Minister seeks ban on Fiji imports. Your weekly digest of the latest business news.
In brief: Government to buy 20 per cent shareholding in Port Moresby hotel complex, and other business stories
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Papua New Guinea economy showing positive signs says James Lau, MD of RH Group
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James Lau, Managing Director of Rimbunan Hijau Group tells Business Advantage PNG that he sees positive developments with hotels, agriculture, gold and the country’s preparations for the 2018 APEC meeting. But he says continuing weakness in commodity prices will limit Papua New Guinea’s growth in the short to medium-term.
People moves: Insurance Commission and Air Niugini
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Government appoints an acting Insurance Commissioner, and a departure at Air Niugini The government has appointed Raho Samuel as Acting Insurance Commissioner. *** Michael Boyacii, Executive Manager Customer Affairs, has left Air Niugini.
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: Foreign currency issues continue to cause problems, and other business stories
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Foreign currency issues continue to cause problems, profit announcements for Nambawan Super and Bank South Pacific and InterOil acquisition finalised. Your weekly digest of the latest business news.
Entrepreneur: Coconut product manufacturer, Ernestine Maxtone-Graham
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Domestic and global demand for coconut products will see Papua New Guinea producer relocate, expand and create new lines. The Director of MaxtoneHaus, Ernestine Maxtone-Graham, talks to Business Advantage PNG.
People moves: HPHA, Nambawan Super, Deloitte
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A new chief at Hela Provincial Health Authority, a departure at Nambawan, and a new Managing Partner at Deloitte
In brief: BCL proposes re-opening Panguna copper mine by 2020, and other business stories
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BCL talks with Bougainville government and landowners about re-opening Panguna, investors confident in PNG despite low global energy prices, and improvements on the way for Jacksons Airport. Your weekly digest of the latest business news.
People moves: Kumul Telikom, Coca-Cola Amatil, PNG Coffee Industry Corporation, Compass Works PNG, public service
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Board appointments at new Kumul Telikom, a new Chairman at Coca-Cola Amatil, PNG Coffee Industry Corporation appoints woman to top regulatory position, new General Manager at Compass Works PNG
People moves: ANZ, BSP, Goodman Fielder
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A new board chairman for ANZ, a new board member for BSP and a new General Manager at Goodman Fielder.
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