In brief: O’Neill expects loans of US$790m to ease foreign exchange pressure this year, and other business stories
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The week's business news in summary. In Brief is sourced from a variety of Papua New Guinea and international media outlets as a service to our readers. Business Advantage PNG makes no claim for the veracity of third party sources.
Prime Minister O'Neill working on loan to ease foreign exchange pressure, domestic market obligation for future LNG projects, and Western LNG project likely to be stand-alone. Your weekly digest of the latest business news.
Newcrest plans larger development at Wafi-Golpu, O'Neill confident Papua New Guinea will recover from quake and loan to cover government superannuation debt. Your weekly digest of the latest business news.
Nambawan Super profit of K406 million, Bank South Pacific reports net profit of K1.99 billion, government agencies locked out of offices for allegedly non-payment of rents. Your weekly digest of the latest business news.
'First past the post' voting system to return, expansion of Milne Bay airport, and rugby league now a K15m a year business. Your weekly digest of the latest business news.
ExxonMobil, Oil Search close LNG production facilites after quake, analysts expect kina to fall 'over the near-term', and agreement being finalised to allow Philippines farmers to grow rice in PNG. Your weekly digest of the latest business news.
Total public debt stands at K23.5 billion, review of gun licences for private security firms likely, and People's Micro Bank to be commercialised later this year. Your weekly digest of the latest business news.
Joint venture to sell Papua LNG output, Second mining lease issued in Bougainville, Cabinet approves Ramu Two project. Your weekly digest of the latest business news.
Business' failure to pay taxes prompts tax reform review, SABL files go missing in Lands Department, and 30 companies face licence cancellations. Your weekly digest of the latest business news.
Telikom PNG in pre-APEC upgrade, strong result for Highlands Pacific, PM in Davos, Oil Search's successful 2017, poor roads leading to food wastage, IFC sells BSP shares to Fiji fund, Nautilus trials on track, push to return artefacts
Nothing to fear from Chinese influence, hydrocarbon discoveries, and Twinza Oil investment decisions. Your weekly digest of the latest business news.

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