Acting CEO appointed at PNG Ports, new Chairman for Credit Corporation PNG, Mayur Resources Limited welcomes new Resident Director, and Kacific appoints Managing Director of the Pacific.
People moves: PNG Ports, Credit Corporation PNG, Mayur Resources, Kacific
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21 Sep 2022 by Leave a Comment
Foreign investment starting to return to Papua New Guinea, says IPA head
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21 Sep 2022 by Leave a Comment
Foreign direct investment in Papua New Guinea is starting to return this year after a ‘huge slump’ over the previous two years, according to Clarence Hoot, Managing Director of the country’s Investment Promotion Authority.
Regulator approval paves the way for corporate bond market in Papua New Guinea
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14 Sep 2022 by 1 Comment
In what may be the most significant innovation in Papua New Guinea’s capital markets since the establishment of a local stock exchange, the PNGX has announced Securities Commission approval for its new Debt Market Rules. The approval paves the way for the establishment of a corporate bond market.
In brief: Papua New Guinea to explore free trade agreement with China and other business stories
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12 Sep 2022 by Leave a Comment
Free trade agreement with China to be explored, Papua New Guinea’s Immigration and Citizenship Authority reactivates instant visas, and Port Moresby to get new tower development. The business news today.
Five questions for Paul Abbot, GM Commercial at Air Niugini
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12 Sep 2022 by 2 Comments
Paul Abbot has had a long career in Papua New Guinea’s aviation industry and recently joined national carrier Air Niugini as General Manager Commercial. He talks to Business Advantage PNG about his new role and the current state of the sector.
People moves: Kumul Petroleum, Santos
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12 Sep 2022 by Leave a Comment
Kumul Petroleum Holdings Limited fills in Chief Operating Officer position and Santos announces People & Culture Partner.
People moves: KPMG PNG, AmCham Coral Sea
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7 Sep 2022 by Leave a Comment
New Senior Partner at KPMG PNG and an inaugural Executive Director at the American Chamber of Commerce Coral Sea.
In brief: Nadzab Airport in Lae reopens and other business stories
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7 Sep 2022 by 1 Comment
Nadzab Airport in Lae reopens after ‘unexpected’ shut-down, PNGX get reconfirmation to operate as stock market, and spike in coffee prices benefits 2000 farmers in Morobe Province. The business news you need.
People moves: Solomon Airlines
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1 Sep 2022 by 1 Comment
Senior executive rejoins Solomon Airlines.
Mineral Resource Authority MD predicts strong copper and gold production for Papua New Guinea up to 2050
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31 Aug 2022 by 2 Comments
If its two mining ‘mega projects’ – Wafi-Golpu and Frieda River – are delivered on schedule, Papua New Guinea will become one of the world’s major copper producers over the next thirty years, according to Jerry Garry, Managing Director of the country’s Mineral Resources Authority. However, he warns, PNG’s dependence on mining exports looks set to come to an end shortly thereafter.
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