National Capital District: Papua New Guinea Business Guide

Welcome,

The National Capital District (NCD) is Port Moresby. It is both a city and a district and the gateway to Papua New Guinea – the nation’s capital, centre of politics, trade and commerce. The city, which has become a growing and bustling metropolitan area, is dry, dusty and brown duringthe winter months, but is wet, humid and overgrown in summer. It is located on the southern coast of the country, surrounded by part of Fairfax Harbour.

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In Brief: Borrowing from China to upgrade roads, and other business stories

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Negotiating to upgrade roads, using aid for development, and refunds to domestic fishing companies. Your weekly digest of the latest business news.

People moves: CPL Group, National Capital District, Hilton Hotels and Resorts

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A new City Manager for the NCD, a new General Manager for Hilton, and CPL MD returns

A tale of two cities: reflections on 10 years in Port Moresby and Lae

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Papua New Guinea’s two major cities, Port Moresby and Lae, are the heartbeat of the economy. David Conn, Chief Executive of the Port Moresby Chamber of Commerce and Industry (POMCCI) and Alan McLay, President of the Lae Chamber of Commerce (LCCI) reflect on the changes that have occurred in their respective cities over the last decade.

Port Moresby 2018 APEC Summit to deliver significant opportunities for Papua New Guinea business

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Papua New Guinea’s APEC 2018 Coordination Authority is on track to deliver its budget for the 2018 event later this year, with interim CEO Christopher Hawkins saying it will highlight the opportunities the business sector can capitalise on.

In brief: Moves to reduce internet charges and other business stories

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New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.

Prepare for a ‘tsunami’ of development projects: Independent Public Business Corporation chair

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The Chairman of Papua New Guinea’s Independent Public Business Corporation (IPBC), Paul Nerau, has flagged a ‘tsunami’ of government-backed development projects worth billions of kina, including the relocation of Port Moresby’s port and gas-generated electricity.

The quotable 2014 Papua New Guinea Advantage Investment & Infrastructure Summit

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The Papua New Guinea Advantage Investment and Infrastructure Summit was held in Port Moresby this week. Over two days, delegates heard about Port Moresby becoming ‘the Dubai of the Pacific’, tax incentives in the 2015 Budget and how to develop relationships with Chinese business. Here are some highlights.

TST Group diversifies into the expanding Port Moresby hotel industry

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By opening a high-end hotel and corporate function centre targeting business travellers, TST Group of Companies is taking advantage of the need for more of these facilities in Port Moresby.

2014 Papua New Guinea Advantage investment summit announced

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Business Advantage International and the Port Moresby Chamber of Commerce and Industry have announced that the 4th Papua New Guinea Advantage investment summit will take place at the Gateway Hotel, Port Moresby, on 9 and 10 September 2014.