Kingston Resources Ltd reaches an agreement to buy Pan Pacific Copper out of Misima gold project, Papua New Guinea’s new Minister for Environment and Conservation refutes previous investigations on Ramu Nico’s slurry spillage to the Basamuk, and PNG DataCo predicts a 42 per cent slash in internet prices. Your weekly digest of business news.
In brief: Kingston to get full ownership of Misima gold project and other business stories
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16 Nov 2019 by Leave a Comment
Review: W Brisbane
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15 Nov 2019 by Leave a Comment
The W Brisbane is the city’s first five-star opening in 20 years – and it’s not to be missed.
In brief: Prime Minister of Papua New Guinea reshuffles Cabinet and other business stories
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11 Nov 2019 by Leave a Comment
Papua New Guinea’s Cabinet gets a major reshuffle, the United States withdraws from the Paris Agreement, and over 5,000 companies in PNG could have been put on notice for not filling their annual returns. Your weekly digest of business news.
Air Niugini MD ‘cautiously optimistic’ about a return to profitability
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11 Nov 2019 by Leave a Comment
With successive years of financial losses, an air-crash investigation and ageing fleet, Alan Milne’s first year as Managing Director of Air Niugini was always going to be turbulent. But, 12 months later, a lot has changed.
Drum roll: a weekend of canoes and drums at Alotau
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4 Oct 2019 by Leave a Comment
Olga Fontanellaz dips her toes into the water at Alotau’s annual Kenu and Kundu Festival.
In brief: Papua New Guinea’s Prime Minister pledges to raise the country’s cash revenue to K15 billion
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18 Sep 2019 by Leave a Comment
Prime Minister James Marape has made a pledge to raise Papua New Guinea’s cash revenue to K15 billion over the next two years, Kumul Consolidated Holdings falls K400 million short from what was budgeted for 2019, and a reconciliation ceremony is proposed between the National Government and the Autonomous Region of Bougainville.
In brief: Oil and Gas Act to be amended and other business stories
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9 Sep 2019 by Leave a Comment
Changes to the Oil and Gas Act, Prime Minister James Marape has announced that he wants to get the Wafi-Golpu gold mine ‘operational at the soonest’, and opposition leader Patrick Pruaitch has presented a case to challenge Marape’s election as prime minister. Your weekly digest of business news.
Review: Cairns International Airport
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30 Aug 2019 by Leave a Comment
Cairns International Airport has a coastal location on the northern fringe of Cairns CBD and was voted fourth from 550 contenders as the best regional airport in the 2019 Skytrax World Airport Awards.
In brief: Papua New Guinea team in Singapore to discuss Papua LNG and other business stories
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19 Aug 2019 by 1 Comment
Minister for Petroleum Kerenga Kua is in Singapore to discuss the Papua LNG agreement, Papua New Guinea’s Kumul Consolidated Holdings announces its profits for the first half of 2019, and the United Nations Development Program Pacific Office opens the first Accelerator Lab in the region. Your weekly digest of business news.
In brief: Papua New Guinea could renegotiate the terms of Papua LNG and other business stories
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29 Jul 2019 by Leave a Comment
Papua New Guinea’s Minister for Petroleum suggests there could be changes to the Papua LNG agreement, Prime Minister James Marape visit to Australia and Air Niugini to put a fleet replacement plan in place. Your weekly digest of business news.
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