The Bank of Papua New Guinea to be reviewed, Porgera jobs plan, and new strategic plan for women in coffee. The business news in brief.
In brief: Bank of Papua New Guinea to undergo review and other business stories
Welcome,
9 Jun 2021 by Leave a Comment
People moves: Kina Bank, EMTV
Welcome,
9 Jun 2021 by Leave a Comment
New Chief of Staff for Kina Bank, departure at EMTV.
Marape moves to reassure Papua New Guinea’s mining and petroleum industry
Welcome,
7 Jun 2021 by 1 Comment
Papua New Guinea’s Prime Minister James Marape has confirmed draft changes to the country’s regulatory and fiscal regimes for PNG’s mining and petroleum sector will be circulated soon. But he has also reassured the sector that the changes, flagged for implementation in 2025, would be made ‘in consultation’.
In brief: Re-opening of Porgera inching closer and other business stories
Welcome,
7 Jun 2021 by 1 Comment
Re-opening of Porgera inching closer, Sinivit gold mine causing environmental concerns and SMEs need a billion kina . The business news in brief.
Ramu nickel mine production rises
Welcome,
2 Jun 2021 by 1 Comment
The Ramu nickel mine in Papua New Guinea’s Madang province had strong first quarter production, according to Nickel 28, the junior partner in the joint venture.
In brief: Ok Tedi Mining commences COVID-19 vaccination program and other business stories
Welcome,
2 Jun 2021 by Leave a Comment
Ok Tedi Mining rolls out its vaccination program, landowners call for the government to move forward Wafi-Golpu and Fishing Industry Association proposes discounts on fishing days. The business news in brief.
People moves: PNG Air, National and Supreme Court, Mayur
Welcome,
2 Jun 2021 by Leave a Comment
PNG Air appoints two key positions, the National and Supreme Court welcome five new judges and Mayur Resources Limited announces changes to its board.
Fitch warns of potential political ‘flashpoints’ in Papua New Guinea but notes boosted confidence
Welcome,
2 Jun 2021 by Leave a Comment
Recent developments in the Papua New Guinea’s resources sector should boost confidence, according to international ratings agency Fitch Solutions. Its latest outlook on the country, however, warns of ‘policy uncertainty and ongoing risks to social stability’.
PNG Biomass green power project under threat in Papua New Guinea
Welcome,
31 May 2021 by 3 Comments
The future of one of Papua New Guinea’s highest profile green energy projects, PNG Biomass, appears under a cloud following the move by state-owned utility PNG Power to potentially cancel the power purchase agreement it has with the project.
In brief: Simberi mine suspends operations temporarily and other business stories
Welcome,
31 May 2021 by Leave a Comment
St Barbara has suspended operations of its Simberi project until it is safe to restart, Air Niugini relaxes COVID-19 restrictions for national flights, and global shortage of storage containers might impact Papua New Guinea’s trade. The business news in brief.
USD 0.2594
AUD 0.383
GBP 0.1999
EUR 0.2381
NZD 0.4255
JPY 40.98
SGD 0.3482
Recent readers’ comments