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.

In brief: relocation of Port Moresby Port to Motukea Island site backed by review, and other business stories

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Motukea Island a ‘suitable site’ for Port relocation, majority of Papua New Guinea SMEs in retail, and PNG first Pacific nation to join alliance. Your weekly digest of the latest business news.

In brief: Oil Search adapts to changing market conditions, and other business stories

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LNG focus for Oil Search, ANZ warns on debt risk, and Barrick plans to offload Porgera mine. Your weekly digest of the latest business news.

Opinion: Papua New Guinea needs to engage with Asia’s ‘A-team’

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Next year, the Papua New Guinea economy will boast the biggest growth in the world. Rowan Callick looks at what political leaders and policymakers must do to take advantage of the country’s talent and opportunities.

Calls for urgent action and investment incentives to boost non-mining sectors

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Two respected trade and industry leaders have urged the government to boost investment in agriculture and non-mining sectors, warning a failure to act soon could induce ‘the dreaded Dutch Disease’.

People moves: IPBC, Nautilus, Department of Trade

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Chair of IPBC reportedly sacked, Nautilus confirms CEO and a former ambassador heads up trade division in Trade, Commerce and Industry Department