In brief: O’Neill says 2018 Budget will encourage businesses and create jobs, and other business stories

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Prime Minister O’Neill says 2018 will encourage business development and create jobs, IFC identifies niche markets for tourism growth, and Aropa Airport edges towards night flights. Your weekly digest of the latest business news. 

In brief: Kagamuga Airport upgrade to allow jet landings, and other business stories

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Airport upgrade to see night flights and early landings at Western Highlands airport, call to properly fund the fight against coffee berry borer, and Tkatchenko moves on illegally approved land sales. Your weekly digest of the latest business news.

People moves: Bougainville Copper, Nautilus Minerals, Allens

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New directors at Bougainville Copper and Nautilus, senior appointments at Allens

People moves: Pacific MMI

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New CEO at Pacific MMI

In brief: Leading banker calls for more foreign exchange injection, and other business stories

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BSP wants another US$100-200m foreign exchange injection, Air Niugini expects local business benefits from Rugby League games, and gold refinery to expand. Your weekly digest of the latest business news.

In brief: Philippines company to operate Motukea and Lae ports, and other business stories

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Philippines port operator wins 25-year contract to run key ports,  Westpac MD outlines reasons for foreign currency backlog, and domestic gas clause to be part of new LNG projects. Your weekly digest of the latest business news.

People moves: Kumul Consolidated Holdings, Digicel, K92 Mining, Capital Insurance Group, Nautilus Minerals, Association of Foresters of PNG

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A new MD at Kumul Consolidated Holdings, Digicel appoints a new CEO, senior K92 Mining appointments, MD of Capital Insurance Group resigns, a director of Nautilus Minerals resigns and a new executive at the Association of Foresters of PNG

Timor-Leste open to investment in oil, gas, tourism, agriculture and fisheries, says Ambassador

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With its longstanding dispute with Australia over the Timor Sea resolved, neighbouring Timor-Leste looks set to expand its petroleum and mineral industries. Meanwhile, its government is actively seeking investors in agriculture and fisheries, tourism and services, according to Abel Guterres, Timor-Leste Ambassador to Australia.

Post PNG CEO unveils new business model

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With letter volumes plunging, Post PNG is focusing on parcels and leveraging its strong national retail presence. Chief Executive Officer Peter Tepure tells Business Advantage PNG that the company’s new business strategy is built upon playing to its strengths.

People moves: General Electric, Corrs Chambers Westgarth

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GE’s CEO for Australia and NZ quits, Corrs Chambers Westgarth opens office in Port Moresby