People moves: Ernst & Young

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Ernst & Young announces key appointment for its Oceania team.

New COVID-19 restrictions commence today in Papua New Guinea

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Papua New Guinea reported 295 new confirmed cases of COVID-19 on Friday and with more cases to be confirmed, the National Pandemic Controller has issued 12 new measures that come into effect today.

In brief: Ok Tedi Mining suspends operations and other business stories

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COVID-19 forces Papua New Guinea’s Ok Tedi Mining to shut operations, PNG Biomass Project decision due in later this year and Mendi Airport completion expected in October. Your business news summarised.

Australia suspends flights from Papua New Guinea to Cairns

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The Australia government is suspending passenger flights from Papua New Guinea to Cairns, one of a number of measures that will impact business travel between the two countries. Meanwhile, PNG is getting ready for further COVID-19 mitigation measures.

In brief: leading PNG companies announce 2020 financial results and other business stories

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Credit Corporation, NGIP Agmark and Kina Asset Management release their 2020 financial year results. The latest business news in brief.

People moves: Credit Corporation, Laga Industries

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Credit Corporation (PNG) announces resignation of Board Director, Laga Industries welcomes new National Sales Manager.

In brief: Bank South Pacific signals intention to list on ASX and other business stories

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Bank South Pacific signals intention to achieve dual listing, National Fisheries Authority gets ready to launch its 10-year plan and Papua New Guinea says farewell to its founding father.

In brief: Ok Tedi Mining suspends flights to Australia and other business stories

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Ok Tedi Mining suspends flight to Australia after three miners tested positive to COVID-19, Papua New Guinea continues to battle surge in COVID cases and National Fisheries Authority signs agreement for Daru fishery.

People moves: Nambawan Super

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Former Pacific Island Forum Secretary General joins Nambawan Board.

In brief: Papua New Guinea’s founding father dies and other business stories

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Two weeks of national mourning declared after Papua New Guinea’s longest-serving Prime Minister Michael Somare passed away, Ihu Special Economic Zone enters second phase of development and PNG’s exports to China.