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

Papua New Guinea’s economy under pressure but fighting back

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Global and domestic factors have combined to slow Papua New Guinea’s economy. However, as Andrew Wilkins discovers, the Pacific nation’s business leaders are still confident about its future prospects.

In brief: manufacturing affected by downturn in the economy and other business stories

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Manufacturing affected by downturn in economy, Japanese International Co-operation Agency ready to start Lae-Nadzab Development Project and CPL’s profit comes in at K6.5 million. Your weekly digest of the latest business news.

Business literacy skills and access to markets essential if Papua New Guinea SMEs are to develop, say business leaders

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Boosting business literacy skills and opening up access to markets are at the heart of a successful SMEs policy for PNG, two influential business leaders tell Business Advantage PNG.

Papua New Guinea business getting serious about eliminating gender violence

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There has been a significant change in attitude towards how Papua New Guinea businesses can contribute towards eliminating gender violence in the country in the past year. Business Advantage PNG looks at the innovative program being run by one of country’s leading landowner companies, Anitua.