Cashed up and ready to grow: Kina Bank’s plans for 2020

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Kina Bank’s operations have expanded dramatically after taking over ANZ’s retail operations in Papua New Guinea. In an exclusive interview, Chief Executive Officer Greg Pawson outlines to Business Advantage PNG its plans for growth. David James reports.

People moves: Asian Development Bank, K92 Mining

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The Asian Development Bank elects boss, K92 Mining Inc welcomes a new Board Member

Road infrastructure in Papua New Guinea: a sector profile

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A detailed overview of road infrastructure in Papua New Guinea including the National Road Network and the National Road Network Strategy.

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People moves: Asian Development Bank

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ADB President announces resignation

In Brief: Papua New Guinea’s Prime Minister visit to China and other business stories

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Primer Minister Peter O’Neill travelled to China to attend a business forum, five Members of Parliament resigned and Oil Search outlined the terms of agreement of Papua LNG. Your weekly digest of business news.

In brief: Kina expected to weaken, and other business news

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Kina expected to weaken, Total aims for transparency, and Air Niugini defers planned flights to Shanghai. A weekly digest of the latest business news.

ADB’s Papua New Guinea head reveals more details of the Highlands Highway upgrade

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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.

MYEFO report says Government wants to bring forward sovereign bond raising to solve forex shortages

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The Government’s Mid-year Economic and Fiscal Outlook (MYEFO) statement has indicated that it is in the ‘advanced stages’ of negotiating the country’s first sovereign bond later this year. The strategy is being adopted to solve the nation’s foreign exchange shortages, but it does carry risks.

Higher commodity prices are boosting Papua New Guinea’s economy, says ADB economist

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The Papua New Guinea economy is set to grow steadily, according to Edward Faber, Country Economist for the Asian Development Bank (ADB). He told the Business Advantage PNG Investment Conference in Brisbane that the fate of the economy heavily depends on export prices.

In Brief: Oil Search makes gas discovery and other business news

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A new gas discovery by Oil Search, special economic zone proposed for West Sepik province and new climate deal inked. Your weekly digest of the latest business news.