People moves: Westpac Bank, Defence Commercial Inc., IFC

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A new Head of Retail Banking at Westpac, an interim Manager for Defence Commercial Inc., and a new Media Consultant at the International Finance Corporation

People moves: International Finance Corporation, Independent Public Business Corporation

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IFC’s PNG Country Coordinator moves on, new Business & Community Manager at IPBC

The next wave of investment opportunities in Papua New Guinea

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The successful completion of the PNG LNG project has turned the focus onto where new investment opportunities lie. Senior representatives from the IFC, Austrade and Nambawan Super got together at the recent Papua New Guinea Advantage Investment Summit to share their thoughts.

Air Niugini and PNG Ports for partial sale: Papua New Guinea zeros in on its state-owned enterprises

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First Air Niugini, then PNG Power … then PNG Ports and the National Airports Corporation? The Papua New Guinea government is embarking on a grand plan to reinvigorate state-owned enterprises. But privatisation is not the only option to ensure SOEs function as viable entities.

Program firms up for Papua New Guinea Advantage Summit

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September’s Papua New Guinea Advantage Investment and Infrastructure Summit looks like being the largest ever, with delegate registrations up and a very strong roster of high profile speakers, say organisers.

IFC US$50 million funding boost for Bank of South Pacific

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The International Finance Corporation (IFC) has negotiated an additional US$50 million in funding for the Bank of South Pacific, to expand its financing and promote private sector growth.

In brief: competition concerns over Oil Search, Bougainville mine and a review of bank charges

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Competition concerns over Elk-Antelope share holdings, ABG keen to re-open Panguna and Treasurer orders bank charges review. Your weekly digest of the week’s business news.

People moves: Air Niugini, Talisman Energy and IFC

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Board changes at Air Nuigini, Talisman Energy’s CEO to step down and other senior appointments.

Key players in fisheries

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We take a look at some of the key players in Papua New Guinea’s fisheries sector. R D Tuna PNG R D Tuna PNG is Papua New Guinea’s largest tuna canner. The Philippines-owned company is based in Madang. R D Tuna operates 17 fishing vessels in PNG waters and sells its products under the Diana, […]

K K Kingston: 40 years old and growing fast

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K K Kingston, one of Papua New Guinea’s largest manufacturers, turns 40 in 2012. Paying a visit to its HQ in Lae, Robert Hamilton-Jones found the company evolving at a furious pace. ‘We’re bursting at the seams,’ declares K K Kingston’s General Manager Michael Kingston. We are sitting in the boardroom of the company’s head […]