Forestry in Papua New Guinea: a sector profile

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An overview of the forestry sector in Papua New Guinea including markets, plantations, legislations and sustainability.

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US-China trade war creating uncertainty in forestry sector, says Papua New Guinea Forest Industry Association

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The forestry sector is keeping a close eye on the US-China trade war, which has created uncertainty in the market, according to Bob Tate, Executive Director of the Papua New Guinea Forestry Industry Association. He told Business Advantage PNG China remains PNG’s dominant export market.

Forestry leader says PNG industry facing challenges from China

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Papua New Guinea’s forestry faces fierce competition and pricing challenges, Chief Executive of the Forest Industries Association, Bob Tate, tells Business Advantage PNG. He says developments in China are troubling for the sector.

In brief: InterOil considers appeal after ExxonMobil takeover rejected, and other business stories

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Canadian court upholds appeal against ExxonMobil takeover bid for InterOil, BSP CEO says 2017 Budget reflects prevailing conditions, and Sepik Plains holds high potential for beef industry. Your weekly digest of the latest business news.

Papua New Guinea’s forestry sector confronts China weakness

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The Chief Executive of the Papua New Guinea Forest Industries Association, Bob Tate, claims that PNG’s forestry sector is coming under increasing pressure. He points to a drop in demand from China, lower foreign capital investment and moves by the PNG government to lift industry turnover taxes.

In brief: Santos rejects takeover bid as ‘opportunistic’, and other business stories

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Wealthy royal families’ bid for Santos rejected, the high cost of domestic violence to business, and poor economic news prompts fall in business confidence. Your weekly digest of the latest business news.

Papua New Guinea forest industry leaders call for ‘affordable housing’ project to be completed locally

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It’s critical for the future of Papua New Guinea’s forestry and manufacturing sectors that the Government’s planned 40,000 ‘affordable houses’ be built in PNG by local suppliers, industry leaders tell Business Advantage PNG.

No more illegal timber: European Union

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From this month, the European Union (EU) won’t be accepting illegally produced wood products. What impact will its decision have on PNG’s forestry sector?

Forestry: Making more from a sustainable resource

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Papua New Guinea’s forestry sector contributes 4% of the country’s GDP, with significant room to grow as it responds to the rising demand for sustainable and traceable forest products. While most of its income is from the export of round logs, PNG also produces furniture, plywood, prefabricated buildings and other forest products for domestic and export […]