COVID-19 tests now mandatory for incoming flights to Australia, Digicel’s Pacific operations could be up for sale and K92 organises a visit to the Kainantu mine.
In brief: Digicel possibly up for sale and other business stories
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20 Jan 2021 by Leave a Comment
People moves: Kumul Consolidated Holdings, Commonwealth Secretariat
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20 Jan 2021 by Leave a Comment
New Chair for Kumul Consolidated Holdings, Commonwealth Secretariat welcomes a new Chair.
In brief: K100 million for Ihu Special Economic Zone and other business stories
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18 Jan 2021 by Leave a Comment
Ihu Special Economic Zone gets funds, Prime Minister Marape urges national to go into small agriculture businesses and the Internal Revenue Commission opens an office in Jiwaka Province. Business news to stay on top.
In brief: Kumul Petroleum awards contracts for a new power generation facility and other business stories
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13 Jan 2021 by Leave a Comment
Kumul Petroleum Holdings advances plans for a new power generation facility, new Australian new travel requirements and Ok Tedi Mining announces final dividend. Your round-up of the latest business news.
People moves: Kina Securities, Bank South Pacific, Oil Search, Newcrest
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13 Jan 2021 by Leave a Comment
Kina Securities Ltd announces a new Non-Executive Director, Bank South Pacific (BSP) welcomes a new Director, Oil Search appoints a Communication Manager and Newcrest Mining welcomes new external affairs executive.
Marape Government survives challenge; 2021 budget passed again
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17 Dec 2020 by 2 Comments
After a month of political jousting, the Marape government yesterday survived an Opposition challenge in Papua New Guinea’s Parliament and has apparently legally passed the 2021 National Budget.
Breaking: Supreme Court recalls Papua New Guinea’s Parliament
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9 Dec 2020 by Leave a Comment
In a move which has major implications for Papua New Guinea’s governance and national budget, the Supreme Court has ruled that the sitting of Parliament of 17 November was unconstitutional and invalid. It has ordered Parliament resume next Monday 14 December.
2020: the year in review for Papua New Guinea business
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9 Dec 2020 by 1 Comment
COVID-19, Porgera and politics may have monopolised the attention of the media, but 2020 brought many other challenges, unexpected changes and triumphs for business. Here’s how Business Advantage PNG reported on this extraordinary year.
People moves: Bank South Pacific, Harmony Gold
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9 Dec 2020 by 1 Comment
The largest bank in Papua New Guinea, Bank South Pacific, announces changes to its team and Harmony Gold appoints new General Manager for Hidden Valley Mine.
Kina Bank buys Westpac’s Pacific assets in billion kina deal
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7 Dec 2020 by 6 Comments
Kina Bank has consolidated its position as Papua New Guinea’s second largest bank, and also taken a first step towards becoming a regional bank, by acquiring the assets of Westpac in Papua New Guinea and Fiji.
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