In brief: US, Australia and Japan announce new infrastructure fund for the Pacific, and other business stories

Galip nut industry taking off, Horizon Oil reports strong quarter, and two online marketplaces launched. Your weekly digest of the latest business news.
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Papua New Guinea mining rates ahead of several Australian states for attractiveness

Research by the Fraser Institute shows that Papua New Guinea rates ahead of several Australian states for attractiveness for mining investment. Gavin Wendt, Founding Director of resource analyst Minelife, says statements from Kumul Mineral Holdings' Chairman Peter Graham that it will invest in upcoming projects are also a positive for foreign investors.
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Lae port expansion to be completed late 2019, says PNG Ports MD

A second major port in Papua New Guinea is expected to be completed in late 2019, says PNG Ports Corporation Managing Director, Stanley Alphonse. He tells Business Advantage PNG the K350 million project will include the greater Lae Tidal Basin Project and the Huon Industrial Park development in Lae.
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In brief: Government seeks more revenue from fishing, and other business stories

Government to seek more revenue from fishing, three provinces to be granted autonomous status and the Government claims the right to acquire land for the Highlands Highway construction work. Your weekly digest of the latest business news.
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Releasing land titles could bolster Papua New Guinea SMEs

Granting more land titles over plantation smallholdings and National Housing Corporation housing stock, and freeing up land locked up in over 20,000 unresolved deceased estates could provide a real boost to Papua New Guinea's small and medium enterprise (SME) sector.  Dr Charles Yala, Principal & Director of Niugini Land and Properties, is calling for the more effective transfer of outstanding titles.
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