Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference

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Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.

In brief: World Bank to fund new agriculture project in Papua New Guinea and other business stories

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The World Bank announced new program and generous funding for Papua New Guinea agriculture sector, call centre launched for the 2022 elections and the Civil Aviation Development Investment Program eyes phase 2. The business news you need today.

People moves: Credit Corporation, Asian Development Bank

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Credit Corporation welcomes new Group Chief Risk Officer and the Asian Development Bank announced new Special Senior Adviser for Climate Change.

Roads to recovery: Connect PNG to offer K3 billion in capital works contracts

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Phase 1 of Papua New Guinea’s ambitious K20 billion Connect PNG infrastructure plan will see a focus on connecting capital city Port Moresby to the second city of Lae by road, according to the Department of Works and Implementation Secretary, David Wereh. Funding the work remains a challenge, however.

Papua New Guinea Investment Conference gets off to a flying start

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The three day Business Advantage Papua New Guinea Investment Conference got off to a flying start on Tuesday 7 September, with no less than two prime ministers and a host of other expert speakers addressing the digital forum. The tone was more upbeat than could have been expected 18 months into the COVID-19 pandemic. The […]

Prime Minister to open Papua New Guinea’s prestigious international investment conference

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Papua New Guinea’s Prime Minister, the Hon. James Marape MP, will make the opening address at the 2021 Business Advantage Papua New Guinea Investment Conference on the morning of Tuesday 7 September.

New grant seeks to develop better climate solution for Papua New Guinea & the Pacific

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A new opportunity has emerged for private and public organisations in Papua New Guinea and the Pacific seeking funds to develop new projects to mitigate climate change.

Five reasons you should attend the 2021 Papua New Guinea Investment Conference online

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The three-day 2021 Business Advantage Papua New Guinea Investment Conference starts live-streaming at 9am on Tuesday 7 September. Andrew Wilkins, Publishing Director and conference host, Business Advantage International, outlines the reasons why this is the year to attend.

In brief: new telecommunications project for Papua New Guinea and other business stories

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The Asian Development Bank and ATH partner to develop a new mobile broadband telecommunications network in Papua New Guinea, the National Airports Corporations partners with the Fly River Provincial Government and PNG to redevelop the meat industry. The business news in brief.

Economic environment in Papua New Guinea to remain challenging, says ADB

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Papua New Guinea’s economy will recover modestly in 2021 and 2022, but financial stresses will persist, says the Asian Development Bank’s Asian Development Outlook for 2021. It also argues strongly for the reform of PNG’s  state-owned enterprises.