The global economic meltdown that has been triggered by the COVID-19 virus outbreak has hit Papua New Guinea hard. What are the implications for the country’s business and financial sectors?
Stimulate or stagnate: steering Papua New Guinea’s economy through the COVID-19 crisis
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30 Mar 2020 by 2 Comments
People moves: Asian Development Bank, PNG FM, Lockton, Microsoft, ICTSI, OTML
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18 Mar 2020 by Leave a Comment
A new DG at the Asian Development Bank’s Pacific Department, PNG FM names General Manager, Lockton announces Head of Client Solutions Asia Pacific, new comms manager to Ok Tedi Mining and change of leadership at ICTSI South Pacific.
Cashed up and ready to grow: Kina Bank’s plans for 2020
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9 Dec 2019 by Leave a Comment
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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3 Dec 2019 by Leave a Comment
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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28 Nov 2019 by Leave a Comment
A detailed overview of road infrastructure in Papua New Guinea including the National Road Network and the National Road Network Strategy.
People moves: Asian Development Bank
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24 Sep 2019 by Leave a Comment
ADB President announces resignation
In Brief: Papua New Guinea’s Prime Minister visit to China and other business stories
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28 Apr 2019 by Leave a Comment
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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23 Oct 2018 by Leave a Comment
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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19 Sep 2018 by 1 Comment
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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28 Aug 2018 by 1 Comment
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.
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