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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Digicel executive outlines ‘aggressive’ plans to take advantage of new cable link

The Regional Director of Digicel Pacific, Paul Statham, says the company has 'aggressive' plans to expand its offerings when the submarine fibre cable from Australia to Papua New Guinea is built. He says these innovations will especially benefit business.
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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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In Brief: KAML announces half-year profit of K1.22m, and other business stories

Kina Asset Management's half-year net profit, Range View precinct under way, and a local tech company trials its own messaging app. Your weekly digest of the latest business news.
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How Supreme Industries has expanded in Papua New Guinea

Port Moresby-based retailer/wholesaler Supreme Group found itself needing products and services it couldn't source in Papua New Guinea, so it decided to create them. Group Managing Director Sanjay Shah,  tells Business Advantage PNG that the group has grown quickly and is anticipating more diversification.
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The key factor Papua New Guinea’s banks and super funds look for before they will invest in your business

To get investment into Papua New Guinea businesses, sound governance is essential. That was the view expressed by super fund managers, bankers and advisers at Business Advantage's Investment conference in Brisbane.
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In brief: Air Niugini launches new direct routes, and other business news

Air Niugini launches new direct route, Total wins contract for Lihir Gold Mine, and a new state-owned-enterprise is formed. Your weekly digest of the latest business news.
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