In Brief: Bougainville referendum postponed until October and other business stories

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Bougainville’s independence referendum deferral, Papua New Guinea ranked 109 out of 190 in the World Bank’s 2019 Ease of Doing Business Report and possible changes to the Foreign Investment Regulatory Bill. Your weekly digest of the latest business news.

People Moves: Bank South Pacific, DCITE

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A new Secretary at the Department of Communications, BSP banker retires.

People Moves: Bank South Pacific, PNG Air

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Notable Papua New Guinea-related appointments and departures. This week: a new head of BSP Digital, CFO departs PNG Air. 

In brief: Lihir most productive mine in PNG, and other business stories

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Lihir most productive mine, apprentice of the year named, and a public-private partnership for power in Hela. Your weekly digest of the latest business news. Lihir Gold Mine in the New Ireland Province has topped the mining sector in the country as the most productive mine, according to Mining Minister Johnson Tuke. ‘In 2017, it […]

In brief: Ramu NiCo announces K4.8b expansion plans, and other business news

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Ramu NiCo announces expansion, Kina Bank celebrates innovation award, and Frieda River Project Accord signed. A weekly digest of the latest business news.

In brief: US, Australia and Japan announce new infrastructure fund for the Pacific, and other business stories

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Galip nut industry taking off, Horizon Oil reports strong quarter, and two online marketplaces launched. Your weekly digest of the latest business news.

In brief: Silencing Facebook, and other business stories

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When social media gets shut down; what next for Total; and a proposed merger of  two seafood companies. Your weekly digest of the latest business news.

In brief: Papua New Guinea to issue Eurobond later this year, and other business stories

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A US$500 million Eurobond to be issued later this year, Government owes US$88 million to local businesses and February earthquake bill to cost five percent of government expenditure. Your weekly digest of the latest business news.

BSP CEO says forex issues will continue but medium term looks positive

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Foreign exchange issues will continue in the short term according to Robin Fleming, Chief Executive of Bank South Pacific [BSP]. But he tells Business Advantage PNG that there are better longer-term prospects and that Papua New Guinea’s biggest bank is thriving in a challenging economic environment.

People moves: BSP, Miss Pacific Islands Pageant

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Promotion for Bank South Pacific’s NCG Area Manager, Papua New Guinea representative at pageant selected