In brief: Ramu NiCo announces K4.8b expansion plans, and other business news

Ramu NiCo announces expansion, Kina Bank celebrates innovation award, and Frieda River Project Accord signed. A weekly digest of the latest business news.
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Papua New Guinea PM O’Neill looks for lasting policy legacy from APEC

In the second half of his exclusive conversation with Business Advantage PNG's Andrew Wilkins, the Prime Minister Peter O'Neill says the policies developed at the APEC Leaders meeting will have a lasting impact on the country. He says APEC marks a unique opportunity to market PNG as an investment destination.
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Pacific Island exporters expecting boost in orders and looking to Asia, study finds

A study by Pacific Trade Invest, the Pacific Islands Export Survey 2018, has found that 70 per cent of Pacific Island exporters expect to have an increase in orders over the next year. It found that Australia and New Zealand remain the two major markets outside the region, although there is growing interest in Asia.
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In brief: ANZ Bank expects kina to rise with next round of LNG projects, and other business stories

ANZ Bank expects Kina to rise above $0.35 cents from early 2020, Ramu 2 hydropower project to commence next March, and security preparations for APEC step up. Your weekly digest of the latest business news. 
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Papua New Guinea PM Peter O’Neill says deals on resources projects will be fair to all stakeholders

In an interview with Business Advantage PNG's Andrew Wilkins, the Prime Minister Peter O'Neill says he is looking for deals in LNG and mining projects that will benefit all parties. In the first of a two part series, O'Neill says his government is investing to diversify the economy.
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ADB’s Papua New Guinea head reveals more details of the Highlands Highway upgrade

The Asian Development Bank will start redeveloping the entire Highlands Highway simultaneously rather than doing it in sections, according to David Hill, Country Director for the ADB. He outlined the ADB's focus on improving both physical and digital connectivity in Papua New Guinea.
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