In brief: Papua New Guinea’s Prime Minister appoints twelve Vice-Ministers and other business stories

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Prime Minister James Marape has announced the names of his new Vice-Ministers, Air Niugini to take up the Cairns-Hong Kong route via Port Moresby and SP Brewery opens a cassava plant. Your weekly digest of business news.

Steamships managing director looks to growth opportunities

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One of Papua New Guinea’s oldest and largest companies is focusing on expanding its hotel and property interests, according to Managing Director, Michael Scantlebury. He tells Business Advantage PNG an uplift in PNG’s economic outlook is providing fresh investment impetus.

Papua New Guinea’s tourism prospects ‘enormous’, says Coral Sea Hotels GM

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Papua New Guinea has untapped leisure tourism potential, according to Marc Ehler, recently appointed Group General Manager of Coral Sea Hotels. After a busy APEC year, he tells Business Advantage PNG he is expecting greater competition in 2019.

Steamships MD Peter Langslow sees future in property development (Part 2)

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In the second of a two-part series, Steamships Managing Director Peter Langslow tells Business Advantage PNG that his diversified company is looking to upgrade its manufacturing activities, upgrade more hotels and is planning more property development in Papua New Guinea.

Papua New Guinea business sees light at the end of the tunnel

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In spite of the talk about an economic slowdown in 2016, Papua New Guinea’s capital, Port Moresby, is a city where plenty is still happening as 2015 comes to a close. Business Advantage International’s Andrew Wilkins reflects on recent discussions with Papua New Guinea business leaders.

Steamships’ new chief in Papua New Guinea keeps powder dry for coming challenges and opportunities

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The next 12 months or so is a time to digest and consolidate, says Peter Langslow, the incoming head of one of Papua New Guinea’s largest and oldest companies, Steamships Trading Company. He told Business Advantage PNG, however, it is also a time to prepare for fresh opportunities.