Frozen fries the start of an ambitious import substitution plan for Papua New Guinea

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A brand-new factory in the Highlands has begun processing locally grown potatoes. This is part of an ambitious import substitution plan that could provide thousands of jobs, cut the price of frozen foods and save valuable foreign currency.

The challenges of investing in Papua New Guinea agriculture

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Papua New Guinea’s agricultural industries have great potential but operators have to learn to fend for themselves. That was the message at the 35th Australia Papua New Guinea Business Forum & Trade Expo in Port Moresby.

In brief: US$8 billion Frieda River feasibility study released and other business stories

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Feasibility study for Frieda River mine in Sepik Province reveals expanded project, government accounts close this Friday and Pacific nations look to extended their exclusive economic zones. Your weekly digest of the latest business news.

In brief: Construction milestone for PNG’s tallest building, and other business news

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Construction milestone for PNG’s tallest building,  renewed support for fisheries training and PNG launches legal action in Australia. Your weekly digest of the latest business news.

In brief: PNG Power’s APEC commitment, and other business stories

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Oil Search’s strong result, PNG Power promises, and a loan agreement for Crater Gold Mining. Your weekly digest of the latest business news.

In brief: A PPP venture mooted for Hela Province, and other business news

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A PPP agricultural venture mooted for Hela Province, first rice harvest from Morobe farm, and Rami Nicu leading the industry in red laterite development. Your weekly digest of the latest news.

In brief: US, Australia and Japan announce new infrastructure fund for the Pacific, and other business stories

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Galip nut industry taking off, Horizon Oil reports strong quarter, and two online marketplaces launched. Your weekly digest of the latest business news.

Economic update: major projects will be crucial for Papua New Guinea’s economy

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The fate of some major projects will be critical for the future of the Papua New Guinea economy over the next decade. In the second of a two-part series, Andrew Wilkins discusses the implications.

In brief: Broadening of Papua New Guinea tax base predicted, and other business stories

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Future Budgets expected to see significant tax changes, Sovereign Wealth Fund to be finalised in 2018, and PNG Air enters freight market. Your weekly digest of the latest business news.

In brief: Central bank maintains monetary policy stance, and other business stories

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BPNG’s monetary policy unchanged, Minister wants real estate industry controlled, and debit cards to double in the next 12 months.