Finance
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Entrepreneur: Coconut product manufacturer, Ernestine Maxtone-Graham
Domestic and global demand for coconut products will see this Papua New Guinea producer relocate, expand and create new lines.…
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Oil Search’s assets ‘highly profitable’ despite weak prices says MD
Peter Botten, Managing Director of PNG’s largest company Oil Search, tells Business Advantage PNG that the company’s PNG assets are ‘highly…
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Why hosting APEC will transform Papua New Guinea
The APEC meeting in 2018 in Port Moresby will be a major boost for Papua New Guinea, David Toua, President…
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Shell CEO urges switch to clean energy as plans hefty renewable spending
HOUSTON (Reuters) – The oil and gas industry risks losing public support if progress is not made in the transition…
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Deutsche Bank to raise 8 billion euros, plans major reorganization
By Arno Schuetze FRANKFURT (Reuters) – Deutsche Bank plans to raise capital, list its asset management business and overhaul its…
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Members of Nambawan Super to enjoy 9% Interest on their savings
Board Chairman, Anthony Smare, said the board was happy to make this announcement of increased profit, despite the challenging economic…
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Opinion: What Papua New Guinea taught me about doing business
Now a Chief Financial Officer based in the UK, Aarish Shah occupied senior executive roles in Papua New Guinea for…
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NASFUND Announces 2016 Financial Year Results, Revealing Strong Performance
Despite tough economic conditions in 2016, a major superannuation provider has managed to achieve solid financial results. On Thursday, NASFUND…
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Wall Street challenges U.S. regulator over proposed commodities rule
By Olivia Oran (Reuters) – Wall Street is pushing back against a proposed rule to force U.S. banks like Goldman…
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InterOil shareholders approve revised takeover proposal
InterOil shareholders have overwhelmingly approved a revised takeover bid from ExxonMobil, despite opposition from InterOil founder, Phil Mulacek. In a…
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