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How changes to Western financial aid strategies will affect Papua New Guinea

The creation of a one-stop shop US development bank will see a doubling of available infrastructure funding for Asia-Pacific projects, and is expected to boost the PNG Electrification Partnership. It comes as the US, Australia and Japan have unveiled the Blue Dot Network, an initiative designed to compete with China’s Belt and Road Initiative in the Pacific region. 
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Digicel Pacific’s Khafra Kambon on supporting technological development in Papua New Guinea

Khafra Kambon, Commercial Director at Digicel Pacific, will be speaking at Innovation PNG 2019 in Port Moresby on 8 November. In this exclusive interview with Business Advantage PNG, he talks about connectivity challenges, infrastructure and Papua New Guinea's digital future.
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Prime Minister Marape flags more support for small business and less for future resources projects

Prime Minister James Marape has outlined a two-pronged economic strategy to boost Papua New Guinea’s economy. He has also commented on the government's attempts to manage the country’s rising debt, reports David James.
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A tale of two cities: why successful investment in Lae is a boost for Port Moresby

Lae, Papua New Guinea's second-largest city, is again emerging as a key location for investment. Far from drawing investors away from capital Port Moresby, a buoyant Lae could actually be good for both cities, say representatives from the two cities' business chambers.
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IFC’s ambitious plan to improve agribusiness in the Markham and Ramu valleys

The International Finance Corporation is undertaking a scoping study of the Markham and Ramu valleys to assess agricultural opportunities in Papua New Guinea. The results will help to develop a win-win business model for agri-investors and customary landowners.
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Spectacular growth in Papua New Guinea’s K600 million solar energy market

Sixty per cent of households in Papua New Guinea are now using solar energy, compared with just two per cent seven years ago, according to a recent International Finance Corporation report. What's driving this extraordinary growth? asks Kevin McQuillan.
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Second route out of Papua New Guinea’s Highlands could transform country: IFC study

Currently, the only way of bringing bulk agricultural produce out of Papua New Guinea's fertile Highlands is down the Highlands Highway to the port city of Lae. A new study has identified a faster second route—through Gulf Province. Business Advantage PNG investigates.
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