PNG Power’s Managing Director Flagon Bekker has outlined the state-owned utility’s plans to improve the stability and reliability of power supply in Papua New Guinea during a special Business Advantage PNG briefing. He elaborated on what will be the largest ever investment in PNG infrastructure – the nation-building Ramu 2 hydropower project.
Ramu 2 hydro will be a gamechanger for Papua New Guinea, says PNG Power MD
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29 Mar 2021 by Leave a Comment
In brief: Negotiations with Twinza Oil still ongoing and other business stories
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24 Mar 2021 by Leave a Comment
Negotiations for Twinza Oil’s Pasca A still ongoing, ANZ continues to waive fees for online transaction to 10 Pacific countries and Bank South Pacific implements a ‘no mask, no entry’ policy. The news in brief.
People moves: Ernst & Young
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24 Mar 2021 by Leave a Comment
Ernst & Young announces key appointment for its Oceania team.
New COVID-19 restrictions commence today in Papua New Guinea
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22 Mar 2021 by 5 Comments
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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22 Mar 2021 by Leave a Comment
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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17 Mar 2021 by 2 Comments
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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17 Mar 2021 by Leave a Comment
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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17 Mar 2021 by Leave a Comment
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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15 Mar 2021 by Leave a Comment
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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10 Mar 2021 by Leave a Comment
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.
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