In brief: Papua New Guinea forex pressure to ease by the end of April says BSP CEO, and other business stories

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Ok Tedi’s cashflow plus new loan to ease foreign exchange situation, feasibility study to look at water pipeline from Highlands to Queensland, and illegal fishing in Pacific costs US$660 million a year. Your weekly digest of the latest business news.

In brief: New Public Enterprises Minister to review state-owned enterprises prior to privatisation, and other business stories

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Duma to review SOEs before privatisation process, Santos reported to be selling PNG LNG stake, KCH receives study on proposed 1800MW hydro dam. Your weekly digest of the latest business news.

In brief: Mining resumes at the Porgera gold mine following partial closure, and other business stories

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Suspension of operations at Porgera mine lifted after 16 days, consumers to wait for imported vegetables, and Woodside reiterates ‘fairness’ of Oil Search takeover offer. Your weekly digest of the latest business news.

In brief: Papua New Guinea to issue visas on arrival from next year for Australian tourists, but not business people, and other business stories

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Visas on arrival to be available for Australian tourists, Morobe Governor to suspend trading licences for shops using street vendors, and corruption cases net K25 million for government coffers. Your weekly digest of the latest business news.

How new technologies will affect Papua New Guinea businesses

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New and emerging technologies have the potential to radically transform business operations, driving e-commerce, cloud computing and efficiencies in supply chains and manufacturing. Business Advantage PNG asks some technology experts how some of these technologies may be deployed in Papua New Guinea.

In brief: mini-budget on the way for Papua New Guinea, and other business stories

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PNG Government likely to prepare mini-budget, Pacific Assurance Group urges Bank of PNG to lift restrictions, and Lihir mine temporarily ceases operations. Your weekly digest of the latest business news.

In brief: Papua New Guinea’s rating outlook falls to negative with Moody’s downgrade, and other business stories

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Moody’s lowers Papua New Guinea rating outlook, Australians banned from Bougainville, and PNG to commence free trade talks with China. Your weekly digest of the latest business news.

Prepare for a ‘tsunami’ of development projects: Independent Public Business Corporation chair

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The Chairman of Papua New Guinea’s Independent Public Business Corporation (IPBC), Paul Nerau, has flagged a ‘tsunami’ of government-backed development projects worth billions of kina, including the relocation of Port Moresby’s port and gas-generated electricity.

Agreement with Vodafone UK will allow bmobile to expand and compete, says Ramamurthy

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Papua New Guinea’s third telecommunications operator, bmobile, has signed a partnership arrangement with the global giant, Vodafone UK. Chief Executive Officer Sundar Ramamurthy tells Business Advantage PNG what the agreement means for the company’s operations in PNG and Solomon Islands.

People Moves: Bmobile

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A new marketing manager for Bmobile.