People moves: Kumul Consolidated Holdings, Digicel, K92 Mining, Capital Insurance Group, Nautilus Minerals, Association of Foresters of PNG

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A new MD at Kumul Consolidated Holdings, Digicel appoints a new CEO, senior K92 Mining appointments, MD of Capital Insurance Group resigns, a director of Nautilus Minerals resigns and a new executive at the Association of Foresters of PNG

People moves: PNG Power, Kumul Consolidated Holdings, Allens, Cricket PNG

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New board appointees at PNG Power and Kumul Consolidated Holdings, a Managing Associate appointment at Allens, and a new Chairperson at Cricket PNG.

In brief: BSP proposed ASX listing postponed, and other business stories

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Bank South Pacific postpones its proposed listing on the ASX, Asian Development Bank Director predicts growth to rise in 2018, and K20 million to help fight coffee borer. Your weekly digest of the latest business news.

Papua New Guinea using multiple energy sources to meet growing need

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Papua New Guinea is taking a multi-pronged approach to its energy provision. Business Advantage PNG takes a look at the nation’s approach to meeting its power needs.

Lower prices the ‘bottom line’ with Kumul Telikom reforms, says Chairman

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A major reform will see all Papua New Guinea’s state-owned telecommunications companies grouped under a single board for the first time. The Chairman of the new-look Kumul Telikom, Mahesh Patel, speaks exclusively to Business Advantage PNG about his board’s priorities for increased competition and ‘slashed’ internet prices.

People moves: Kumul Consolidated Holdings, BSP, Highlands Pacific, EY

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An acting Managing Director at Kumul Consolidated Holdings, BSP appoints new Group Financial Officer, and Highlands Pacific appoints a new Director

Kumul Consolidated Holdings establishes agriculture joint venture in East Sepik

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The holding company for Papua New Guinea’s state-owned enterprises, Kumul Consolidated Holdings, is making its first foray into agriculture, establishing a joint venture in East Sepik Province with Israel’s L R Group.

Asian Development Bank puts case for greater private involvement in state-owned enterprises

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Increasing private sector involvement in Papua New Guinea’s state-owned enterprises (SOEs) would be a ‘powerful mechanism’ for improving the sector’s efficiency, according to a new report by the Asian Development Bank.

In brief: ‘Clan vetting’ the key to resolving PNG LNG royalty issue, says Energy Minister

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Officials sent to negotiate with Hides landowners over non-payment of royalties from PNG LNG project, Ok Tedi earns K623 million since March, and PNG Post pays K500,000 in dividends. Your weekly digest of the latest business news.

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.