Boardroom briefing: fish markets, African swine fever and gratuity

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Koki Fish Market in Port Moresby introduces a fee for traders, pig prices headed for a steep jump, and what a ridesharing company can teach us about gratuity. Readings from around the world on business, leadership and management.

Credit Corp expands into Timor-Leste, using the country’s 20-year plan as a ‘road map’

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A well-managed economy and a 20-year vision are two reasons Credit Corp has set up shop in Timor-Leste. Country Manager, Chris Durman, outlines his own vision to Business Advantage PNG.

Timor-Leste open to investment in oil, gas, tourism, agriculture and fisheries, says Ambassador

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With its longstanding dispute with Australia over the Timor Sea resolved, neighbouring Timor-Leste looks set to expand its petroleum and mineral industries. Meanwhile, its government is actively seeking investors in agriculture and fisheries, tourism and services, according to Abel Guterres, Timor-Leste Ambassador to Australia.

Papua New Guinea, Timor Leste stand out in slowing Pacific economy

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Growth across the Pacific region is expected to slow slightly during 2013, with Timor Leste, Papua New Guinea and Nauru the outstanding performers, according to a mid-year review by the Asian Development Bank.

Papua New Guinea economic growth to ease to 5.5%: ADB

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Papua New Guinea’s gross domestic product is set to increase by 5.5% in 2013, according to the Asian Development Bank’s latest Pacific Economic Monitor, released last week. This is compared to growth of 9.2% in 2012.

PNG spearheads regional growth

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Papua New Guinea is expected to remain the standout economy in the Pacific over the coming year, with its success having a knock-on effect on neighbouring Solomon Islands. Business Advantage summarises the outlook for the region’s larger economies. Unsurprisingly, the region’s fastest-growing economies are those whose economies are based around exporting natural resources, especially to Asia. ‘In Papua New Guinea […]