Recovery from devastating fire well underway, says CPL’s CEO

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The recovery by CPL Group from a devastating fire has been one of the more remarkable come backs in Papua New Guinean business. But Chief Executive Mahesh Patel tells Business Advantage PNG that there is still a long way to go.

In brief: Fiji codeshare takes off, and other business stories

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Fiji codeshare gets off the ground, trade talks with Australia, and Goroka Airport now welcoming jets. Your weekly digest of the latest business news.

People moves: CPL Group, National Capital District, Hilton Hotels and Resorts

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A new City Manager for the NCD, a new General Manager for Hilton, and CPL MD returns

Local knowledge and ‘being there’ critical for business success in the Pacific region

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Looking to invest successfully in the Pacific? There’s no substitute for understanding your market and its people, and for being on the ground. Three successful regional investors also outlined to the Business Investment PNG Conference which sectors have the most potential.

In brief: Parliament deciding on new Speaker, Prime Minister today and other business stories

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Parliament sits to elect a new Speaker and Prime Minister, CPL receives initial insurance payout of K10m for June fire, inquiry call for contract awarded to Borneo Pharmaceuticals. Your weekly digest of the latest business news.

In brief: National Transmission Network ready by the end of 2017, and other business stories

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Broadband network to be completed by the end the year, Oil Search concludes five-year credit agreement and ADB approves funding Highlands Highway project. Your weekly digest of the latest business news.

Selling Papua New Guinea as a business and investment destination

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September’s Papua New Guinea Investment Conference in Sydney is designed to promote Papua New Guinea as a key business destination in our region. Business Advantage International’s Andrew Wilkins reveals some of the planning that is going into the program.

CPL eyes expansion, but is waiting on Papua New Guinea’s economic recovery

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Papua New Guinea’s largest retailer is still only servicing about 30 per cent of Papua New Guineans, according to Chairman of CPL Group, Mahesh Patel. While it has product and store expansion plans, Patel says CPL is waiting on a general economic recovery before moving forward.

In brief: Newcrest sells Hidden Valley stake to Harmony and other business news

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Newcrest Mining sells its Hidden Valley stake to Harmony Gold, group marketing of coffee exports to South Korea and an agreement to ban harmful fisheries subsidies. Your weekly digest of the latest business news.

People moves: Nambawan Super, CPL Group

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A new Chief Financial Officer at Nambawan Super, and board re-appointments at City Pharmacy Group