People moves: BSP and Pacific Islands Forum Fisheries Agency

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New BSP Financial Group secretary, historic appointment for Pacific Islands FFA.

In brief: Outstanding foreign exchange orders almost K1.5 billion says Central Bank and other business stories

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Outstanding foreign exchange orders almost K1.5 billion according to Bank of PNG, Newmont makes offer for Newcrest Mining, and progress on Porgera gold mine. Your business news digest.

In brief: Kumul Petroleum signs deal to build fabrication facility and other business stories

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Kumul Petroleum signs deal to build fabrication facility, Nasfund announces net profit and feasibility study for the Mongi hydroelectric project. Your business news in summary.

In brief: Steamships to bring Marriott brand to Papua New Guinea and other business stories

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Steamships to open first Marriott-branded property in Papua New Guinea, exports of mud crabs to Singapore, and temporary disruptions at Lae port. Your business news in a nutshell.

Papua New Guinea’s Pasana Group: plain sailing

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Two brothers have teamed together to teach the new generation of Papua New Guineans traditional canoe skills.

In brief: New gas-fired power plant for Hela and other business stories

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Plans for a new gas-fired power plant in Hela, Digicel rejects tower sharing, and the IPA signs a memorandum of understanding with the Immigration and Citizenship Authority. The business news you need today.

In brief: Due diligence starts on Santos/Search merger

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Santos and Oil Search potential merger advances, Twinza Oil wants Pandora gas fields license announced before the Pasca A agreement, and funding for Pacific fisheries. PNG business news in brief.

In brief: BSP refutes allegations of breaches to anti-money laundering laws and other business stories

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BSP Financial Group Limited responds to accusations, Air Niugini temporarily suspends flights to Cairns and Memorandum of Understanding signed to boost green finance initiatives.

In brief: Ok Tedi Mining suspends flights to Australia and other business stories

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Ok Tedi Mining suspends flight to Australia after three miners tested positive to COVID-19, Papua New Guinea continues to battle surge in COVID cases and National Fisheries Authority signs agreement for Daru fishery.

To build or not to build: multibillion dollar Chinese project highlights Western Province’s dilemmas

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Reports that a Chinese company has put forward a multibillion dollar plan to develop several areas in Western Province have highlighted the lack of investment in one of Papua New Guinea’s most neglected provinces.