In brief: Trade official asks why Papua New Guinea spends K5 million annually on imported clothes, and other business stories

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Call for garment and textile sector to replace imported clothes, beneficiary groups intending to petition the Government over equity in PNG LNG, solar power could be the answer to Lae’s power problems. Your weekly digest of the latest business news.

In brief: Trump election bad for exporters says Chamber President, and other business stories

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Leahy predicts pressure on kina after Trump election, ban on beche-de-mer to be lifted and financing boost for SMEs. Your weekly digest of the latest business news.

People moves: Bank of Papua New Guinea, Investment Promotion Authority, BOC, BSP

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A new Deputy Governor of Bank PNG, an acting Managing Director at the Investment Promotion Authority, a new regional Managing Director at BOC, Director resigns from BSP

High Commissioner Winnie Kiap highlights opportunities in Britain for Papua New Guinea coffee and cocoa producers

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Papua New Guinea’s High Commissioner to the UK, Winnie Kiap, tells Business Advantage PNG that the coffee craze in the UK offers huge potential for PNG growers and producers, especially after two successful trade delegations have boosted awareness.

In brief: InterOil considers appeal after ExxonMobil takeover rejected, and other business stories

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Canadian court upholds appeal against ExxonMobil takeover bid for InterOil, BSP CEO says 2017 Budget reflects prevailing conditions, and Sepik Plains holds high potential for beef industry. Your weekly digest of the latest business news.

People moves: Anitua, KPMG, Coffee Industry Corp

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A new Chief Executive Officer at Anitua, new senior appointments at KPMG, board appointments for Coffee Industry Corp

People moves: Digicel, Kula Gold

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A new CEO for Digicel PNG and Kula Gold loses a Director.

People Moves: Newcrest, Credit Corp, Miss PNG

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Senior management changes at Newcrest, a new CEO at Credit Corp and university student crowned as Miss PNG 2016

In brief: Kina depreciated by 36% since 2012, Reserve Bank governor reveals, and other business stories

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Loi Bakani says managing a depreciating kina is ‘very difficult’, Canadian court to hear appeal against InterOil buyout, and Coffee Industry Corp steps up rehabilitation program. Your weekly digest of the latest business news.

People moves: Kumul Minerals, Ernst & Young, Nautilus Minerals, Clarke Energy

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A new chairman at Kumul Minerals, a new tax partner at Ernst & Young, Nautilus Minerals appoints a new Company Secretary, Clarke Energy appoints its first PNG Sales Manager