People moves: PNG Power, Credit Corp PNG, PNG Defence Force, Oil Search, Newcrest Mining, Paradise Foods

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PNG Power Managing Director resigns, Credit Corporation PNG announces changes to its board, new appointment at PNG Defence Force, changes at Oil Search board, Newcrest Mining welcomes a new Director and Paradise Group CEO steps down.

In brief: BSP refutes allegations of breaches to anti-money laundering laws and other business stories

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BSP Financial Group Limited responds to accusations, Air Niugini temporarily suspends flights to Cairns and Memorandum of Understanding signed to boost green finance initiatives.

People moves: Employers Federation of PNG

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The VP of the Employers Federation of PNG says goodbye.

Australian defence spending in Papua New Guinea to provide business opportunities

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The imminent upgrade of defence facilities on Papua New Guinea’s Manus Island should provide significant opportunities for local business and labour, according to Australia’s Department of Defence. But the selection requirements are likely to be demanding.

Combined visa and work permit system on its way in Papua New Guinea

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The holy grail of a combined online application process for both visas and work permits is on its way, according to Papua New Guinea’s Chief Migration Officer, Stanis Hulahua. The move is one of a number of innovations planned to improve international labour mobility.

In brief: new telecommunications project for Papua New Guinea and other business stories

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The Asian Development Bank and ATH partner to develop a new mobile broadband telecommunications network in Papua New Guinea, the National Airports Corporations partners with the Fly River Provincial Government and PNG to redevelop the meat industry. The business news in brief.

Papua New Guinea moves to seven-day home quarantine for vaccinated international arrivals

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In new measures announced last Friday by the Controller of Papua New Guinea’s COVID-19 National Pandemic Response, fully vaccinated international arrivals from ‘low to medium risk’ countries will be able to quarantine for just seven days when entering the country and will be eligible for home quarantine.

In brief: Bank of Papua New Guinea to undergo review and other business stories

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The Bank of Papua New Guinea to be reviewed, Porgera jobs plan, and new strategic plan for women in coffee. The business news in brief.

People moves: Kina Bank, EMTV

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New Chief of Staff for Kina Bank, departure at EMTV.

Marape moves to reassure Papua New Guinea’s mining and petroleum industry

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Papua New Guinea’s Prime Minister James Marape has confirmed draft changes to the country’s regulatory and fiscal regimes for PNG’s mining and petroleum sector will be circulated soon. But he has also reassured the sector that the changes, flagged for implementation in 2025, would be made ‘in consultation’.