In brief: good news for Wafi-Golpu and other business stories

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Wafi-Golpu Joint Venture partners receive ‘green light’ to engage in discussions with the State of Papua New Guinea, petroleum licences owe over K10 million and Gerehu to NiuPower gas plant transmission lines completed. The business news you need to kick-start your week.

People moves: ExxonMobil, Digicel PNG Foundation

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ExxonMobil announces a new Vice-President of Investor Relations and Corporate Secretary and Digicel PNG Foundation welcomes new members to its Board of Directors.

Boardroom briefing: no more IPOs boys’ club, shipping index sinks, and digital marketing tricks

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Goldman Sachs bans all-male IPOs, coronavirus hits international shipping and how SMEs can market better.

People moves: Pacific Tourism Organisation, National Airports Corporation, ACP Group

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The Pacific Tourism Organisation announces a Finance and Corporate Services Manager, new Board of Directors for the National Airports Corporation and the ACP Group appoints a Chairperson of the Committee of Ambassadors.

Back on track: Wafi-Golpu stalemate ends

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The court deadlock over the Wafi-Golpu project has ended with the National Court in Lae throwing out the injunction relating to the Memorandum of Understanding (MOU) that had brought the project to a halt. It opens the door for a potential US$5.4 billion (K18 billion) investment into Papua New Guinea.

In brief: World Bank releases new economic outlook for Papua New Guinea and other business stories

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The World Bank predicts slower GDP growth for Papua New Guinea, P’nyang could still be on the table and fibre optic cable landing to start in Vanimo. The business news you need to kick-start your week. Resources Patrick Pouyanne, CEO of the French oil and gas company Total, has said that ExxonMobil and PNG need […]

People moves: Nasfund, Newcrest, Constitutional Law Reform Commission, British High Commission in Tonga

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An Independent Director joins Nasfund, Newcrest announces changes to its Executive Committee, the Constitutional Law Reform Commission appoints a Secretary and the British High Commission reopens in Tonga.

In brief: Papua New Guinea ends talks with Exxon on P’nyang agreement, and other business stories

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Papua New Guinea says no to P’nyang gas project, Prime Minister James Marape confident in ‘five-train LNG’ and new date for plastic bag ban. The business news you need to kick-start your week.

Papua New Guinea’s veteran retailer seeks to grow its local suppliers

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Brian Bell Group is reaping the rewards of three years of infrastructure investment and using this period of profitability to grow its local partnerships.

Boardroom briefing: coronavirus impacts, health tips and top business trends

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How the coronavirus is affecting business in Papua New Guinea, how to protect your business from it and business trends for 2020. Readings from around the world on business, leadership and management.