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Public procurement in Papua New Guinea is set to be subject to the most significant reforms for decades, according to Stephen Massa, Partner and Head of the PNG office for law firm Dentons. The reforms will give preferment to locally-owned suppliers.
Members of Central Supply and Tenders Board announced
Last month, the Papua New Guinea Government tabled the Foreign Investment Regulatory Authority Bill in Parliament. What is the … [Read More...]
The global mining industry is still in a 'big hangover', says Newcrest Mining's Chief Development Officer, Michael Nossal. He … [Read More...]
The US$8 billion (K26.5 billion) Sepik Development Project at Frieda River will create 'a new economic corridor' in PNG's … [Read More...]
New World Bank report predicts 5 per cent GDP growth for Papua New Guinea in 2019, consumer protection in financial services, and … [Read More...]
The Papua New Guinea kina’s exchange rates (mid-rates) against its main trading currencies, as at 14 February, 2018
USD 0.2970
AUD 0.4172
GBP 0.2308
EUR 0.2634
NZD 0.4348
JPY 32.98
SGD 0.4031Source: Bank of PNG
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