PNG eyes China for more ‘cheaper’ loans

Cheaper loans will be a key agenda for PNG officials when Prime Minister James Marape leads a delegation of government and business leaders to China for bilateral talks next week. The Post Courier said Treasurer Ian

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SPBD businesswomen lauded at annual awards

The Vodafone Arena in Suva last week was full-packed with radiant businesswomen celebrating their efforts at the 12th annual South Pacific Business Development awards. SPBD Founder and Chief Executive Officer, Greg

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Fiji National Provident Fund acquires popular Garden City Complex

Fiji’s National Provident Fund has acquired the popular Garden City complex at Carpenter Street in Raiwai.  The property, which sits on a freehold land area of 3 acres and 1.7 perches, is located just 2.5

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Fiji and Australian Business Councils to address post COVID recovery

Government and business professionals from Fiji and Australia will convene at the 27th Australia-Fiji Business Forum in Sydney next week. After a two-year hiatus, the Australia-Fiji Business Forum will be held for the

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PNG resource boom to last 30 years: Trade Minister Maru

Papua New Guinea is expecting a resource boom from next year because of at least five multi-billion kina projects in the pipeline, says International Trade and Investment Minister Richard Maru. “We don’t have just

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Minimum wage rise increases private sector burden: Vanuatu Opposition

The newly introduced VT300 (US$2.49) minimum wage has increased the burden of the private sector, especially the small medium sized enterprises. This is one of the arguments that the Opposition bloc has cited in the

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How an ex-commando trainer from Singapore is changing tourism in the Pacific

While the superpowers and regional actors jostle for influence in the Pacific Ocean, Singapore and an ex-commando trainer may play a key role in changing the tourism landscape there. In September, the new Alii Palau

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The business of bilas

Caleb Jarvis’ passion for Papua New Guinean art and craft started when he lived there as a young child, surrounded by, as he describes them, historical, functional, cultural and spiritual objects. “I lived in an

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Survey reveals F$2.09 billion in Fiji tourism earnings in 2022

Fiji’s tourism industry earned a total of $FJ2.09 billion (US$1.045 billion) between April and December last year, according to new survey results released this week. The Fiji 2022 Annual International Visitor Survey

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China-backed AIIB secures World Bank deal

The Asian Infrastructure Investment Bank, Beijing’s answer to the World Bank, has approved one of its highest-profile international partnerships, just weeks after it was accused of being infiltrated by China’s

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PNG Cannery may generate K1.2 billion

Papua New Guinea Government and corporate partner RD Corporation will start talks on a fish cannery which is expected to generate about K1.2 billion (US$335 million) in annual revenue, says Prime Minister James Marape.

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Thriving stock exchange eyed in PNG

Companies are not currently obliged to list on the Papua New Guinea stock exchange (PNGX), but a thriving stock exchange in the country can act as a catalyst for broader economic growth, says chairman David Lawrence. On

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