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New Britain Palm Oil’s award: what does it mean?

13 Feb 2013 by
Papua New Guinea’s New Britain Palm Oil Ltd (NBPOL) has been to be ranked as Sector Leader in Agricultural Products in the 2012 Forest Footprint Disclosure (FFD) Annual Review. The award places NBPOL alongside major international companies such as British Airways, L’Oreal, Marks and Spencer and Sainsbury’s Supermarkets, which are named as leaders in their […]
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Around the world: sorcery killings/ANZ CEO/Westpac in Asia/BHP

12 Feb 2013 by Leave a Comment
Sorcery killing The killing of a young woman accused of witchcraft has brought PNG to the attention of the international media for the wrong reasons in the past week, with the United Nations and Amnesty International speaking out on the issue. Writing in The Australian (9 Feb) Rowan Callick compared the case to the widely-publicised […]
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People moves: executive moves and changes relevant to Papua New Guinea

5 Feb 2013 by
New MD at CopperMoly Maurice Gannon has replaced Peter Swiridiuk as Managing Director (MD) of Coppermoly Limited. Gannon has been an officer of the company since January 2008 and an Executive Director since February 2010. He currently performs the combined roles of Executive Director (Operations), Chief Financial Officer and Company Secretary.        
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Around the world: PNG politics/A-G speaks/currency wars/Davos

4 Feb 2013 by
Honeymoon over for PNG Government? According to the Lowy Institute’s Informer blog the honeymoon period is now over for the O’Neill Government and ‘it’s business as usual in PNG politics.’ Interview with new Attorney-General Papua New Guinea’s new attorney-general, Kerenga Kua, tells Radio Australia he wants to ensure transparency in the fight against corruption in […]
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People Moves: executive moves and changes relevant to Papua New Guinea

29 Jan 2013 by Leave a Comment
Ross Garnaut resigns from Ok Tedi Economist Ross Garnaut resigned this month as Chairman of OK Tedi Mining Ltd, citing the difficulties of fulfilling his duties following the travel ban to PNG imposed on him by PNG’s PM Peter O’Neill in November 2012. Former PM Sir Mekere Morauta has been nominated to take over the position. He […]
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Around the world: China rebounds/Jakarta floods

23 Jan 2013 by Leave a Comment
China growth rebounds China’s growth rate rebounded in the final quarter of 2012 (to 7.9%) offsetting fears of a hard landing for the Chinese economy and providing a boost to the global resources sector. Jakarta floods Seasonal rain has brought Jakarta to a standstill and even led to calls for the capital to be relocated from the flood-prone […]
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Papua New Guinea visa/work permit update

23 Jan 2013 by Leave a Comment
Australian government announcement raises hopes of reducing PNG red tape Last November, the Australian government announced a radical overhaul of visa processing for Papua New Guineans visiting Australia, including the introduction of a special electronic visa arrangement. The move, to be implemented in the middle of this year, was welcomed by the Australian Papua New Guinea Business […]
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Port Moresby’s International investment conference set to grow further in 2013

23 Jan 2013 by
Plans are already under way to make the 2013 Papua New Guinea Advantage Conference even bigger and better after the success of PNG’s first international investment summit last September. ‘Last year, we set out to create an investment summit of genuinely international standards for PNG,’ said David Conn, Chief Executive Officer of co-host the Port […]
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People Moves: executive moves and changes relevant to Papua New Guinea

17 Dec 2012 by
Changes at Steamships/BSP Geoff Cundle will take over as Managing Director and CEO of Steamships in January 2013. He replaces David Cox. Sean Pelling will be taking over the role of Finance Director, following the departure of Eddie Ruha, who has taken on the role of Chief Financial Officer PNG at Bank of South Pacific. […]
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