PNG Ports announced a K1.1 billion partnership with Australia for maritime infrastructure, Geopacific Resources gets funding for Woodlark Island gold mine and new training program for SMEs. The business news in brief.
In brief: More than a billion kina for ‘maritime infrastructure’ and other business stories
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7 Jul 2021 by Leave a Comment
World Bank increases support for Papua New Guinea
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30 Jun 2021 by 3 Comments
The World Bank has approved US$100 million (K352 million) in concessional funding to support Papua New Guinea in its response to COVID-19, and ‘lay important foundations for a sustainable recovery’. The funding will not be without risk, however.
In brief: PNG Power workers demand clarity and other business stories
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30 Jun 2021 by Leave a Comment
PNG Power workers protest lack of consultation and transparency, China delivers 200,000 doses of the Sinopharma vaccine to Papua New Guinea and Kina Asset Management Limited presents its annual report.
People moves: PNG Power, Credit Corp PNG, PNG Defence Force, Oil Search, Newcrest Mining, Paradise Foods
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30 Jun 2021 by Leave a Comment
PNG Power Managing Director resigns, Credit Corporation PNG announces changes to its board, new appointment at PNG Defence Force, changes at Oil Search board, Newcrest Mining welcomes a new Director and Paradise Group CEO steps down.
In brief: BSP refutes allegations of breaches to anti-money laundering laws and other business stories
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23 Jun 2021 by Leave a Comment
BSP Financial Group Limited responds to accusations, Air Niugini temporarily suspends flights to Cairns and Memorandum of Understanding signed to boost green finance initiatives.
People moves: Employers Federation of PNG
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23 Jun 2021 by Leave a Comment
The VP of the Employers Federation of PNG says goodbye.
Australian defence spending in Papua New Guinea to provide business opportunities
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23 Jun 2021 by 1 Comment
The imminent upgrade of defence facilities on Papua New Guinea’s Manus Island should provide significant opportunities for local business and labour, according to Australia’s Department of Defence. But the selection requirements are likely to be demanding.
Combined visa and work permit system on its way in Papua New Guinea
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16 Jun 2021 by 5 Comments
The holy grail of a combined online application process for both visas and work permits is on its way, according to Papua New Guinea’s Chief Migration Officer, Stanis Hulahua. The move is one of a number of innovations planned to improve international labour mobility.
In brief: new telecommunications project for Papua New Guinea and other business stories
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16 Jun 2021 by Leave a Comment
The Asian Development Bank and ATH partner to develop a new mobile broadband telecommunications network in Papua New Guinea, the National Airports Corporations partners with the Fly River Provincial Government and PNG to redevelop the meat industry. The business news in brief.
Papua New Guinea moves to seven-day home quarantine for vaccinated international arrivals
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16 Jun 2021 by Leave a Comment
In new measures announced last Friday by the Controller of Papua New Guinea’s COVID-19 National Pandemic Response, fully vaccinated international arrivals from ‘low to medium risk’ countries will be able to quarantine for just seven days when entering the country and will be eligible for home quarantine.
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