Papua New Guinea could be on the cusp of a sustained period of strong economic growth, and Fiji should be seeking closer economic ties, says Kishti Sen, International Economist for the ANZ Banking Group, in an exclusive interview with Business Advantage PNG.
Fiji and Papua New Guinea should strengthen economic ties, says ANZ economist
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In Brief: Government to review resource laws next year, and other business stories
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Review of Mining Act next year, acting Tax Commissioner warns of criminal action against companies not forwarding taxes to government and wholesale internet prices may drop by two-thirds. Your weekly digest of business news.
Odds strongly in favour of positive investment sign off for Papua LNG project
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The Total-led Papua LNG project looks set to enter its Front End Engineering Design (FEED) phase. It’s a good sign: according to the ANZ’s PNG Economic Outlook, 97 per cent of the gas projects that enter into FEED have a positive final investment decision. David James explores.
Getting Papua New Guinea’s future resources projects funded
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US–China rivalry is likely to have a major impact on how future resources projects are funded, according to the ANZ’s Jonathan Bloch. He outlines some of the steps Papua New Guinea’s government can take to make such projects ready for investment.
In Brief: Papua New Guinea’s growth to rebound in 2019 and other business stories
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ANZ releases a positive economic outlook for PNG, James Marape resigns as Finance Minister and the Boluminski Highway in New Ireland province is open. Your weekly digest of business news.
ANZ’s new strategy for Papua New Guinea
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With regulatory approval finally received for ANZ’s sale of its retail banking assets in Papua New Guinea, ANZ PNG’s Chief Executive Officer Mark Baker talks to Business Advantage PNG about the bank’s future plans in the country.
In brief: ANZ Bank expects kina to rise with next round of LNG projects, and other business stories
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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.
Clever thinking required to solve Papua New Guinea energy issues, say experts
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Papua New Guinea has some ambitious plans to expand its population’s access to electricity. However, boosting electricity supply across the country requires ‘some very clever thinking,’ say energy analysts.
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