As Papua New Guinea business gets back to work for a new year, Business Advantage PNG looks ahead to consider what 2016 may bring.
People moves: National Executive Council
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Chief Secretary to step down next month
Chief Trade Adviser refutes claim that PACER Plus is a threat to Papua New Guinea manufacturing
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The regional PACER Plus trade agreement will not pose a threat to Papua New Guinea’s manufacturing sector, but could rejuvenate it, according to Edwini Kessie, Chief Trade Adviser of the Pacific Island Countries, who spoke with Business Advantage PNG.
Five questions for James Lau, Managing Director of R H Group
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Malaysia’s diversified Rimbunan Hijab Group is a major investor in Papua New Guinea. Managing Director James Lau talks to Business Advantage PNG about the company’s current construction projects, how its retail, agribusiness and forestry subsidiaries are performing, and the economic outlook for 2016.
In brief: Ok Tedi mine may resume operations in March, and other business stories
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The Ok Tedi mine expected to start again in March, the US formally withdraws from fishing treaty, and unions call on government to honour superannuation commitments. Your weekly digest of the latest business news.
Power outages in Papua New Guinea’s three main grids the result of inadequate maintenance, not installed capacity: review
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An analysis of Papua New Guinea’s three main power grids has revealed that inadequate maintenance of plants and the transmission lines is the primary cause of frequent power outages, according to a review conducting by London-based consultants, Economic Consulting Associates. The review also comes with some recommendations.
People moves: Cabinet reshuffle, new Australian High Commissioner, Oil Search
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A Cabinet reshuffle, the new Australian High Commissioner presents credentials, New Year’s Honour for Air Niugini executive
In brief: O’Neill says Papua New Guinea government has no interest in owning Panguna mine, and other business stories
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O’Neill not interested in buying Rio Tinto’s 53% of Bougainville Copper Limited, central bank governor warns government to restrain spending, and kina falls against most currencies in September quarter. Your weekly digest of the latest business news.
Ramu 2 hydropower one of five renewable power projects to boost Papua New Guinea power generation
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The Ramu 2 Hydro Power Project is expected to increase total electricity generation capacity in Papua New Guinea by 36%, according to the Managing Director of Kumul Consolidated Holdings, Garry Hersey. It’s one of five new energy projects launched recently.
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