Reduced internet costs could be expected this year, the Finschhafen District Hydropower Project advances and the Prime Minister of India visits Papua New Guinea to participate in forum.
People moves: Niusky Pacific, NAC, BSP, Chamber of Mines and Petroleum, Pacific Re, Kina Bank
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9 May 2023 by Leave a Comment
Niusky Pacific announces Acting Chief Executive Officer, the National Airports Corporation welcomes Acting Managing Director, BSP Financial Group appoints new Group Chief Operating Officer, the Chamber of Mines and Petroleum confirms council members for the new term, Pacific Re farewells Chief Executive Officer, and a board change at Kina Bank.
People moves: K92 Mining, BSP Financial Group, CopperMoly
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27 Apr 2023 by Leave a Comment
K92 Mining appoints new Chair, BSP Financial Group welcomes a new Director and board changes at Coppermoly.
New players to fuel Papua New Guinea’s banking sector growth
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4 Apr 2023 by Leave a Comment
There is broad agreement that Papua New Guinea needs more competition in its banking sector, and several finance companies have flagged their desire to acquire banking licences. What happens next, however, is likely to depend on government action.
People moves: BSP, Digicel Pacific, Ok Tedi
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14 Mar 2023 by Leave a Comment
BSP Financial Group welcomes new Chair, Ok Tedi Mining names Acting Chief Executive and Digicel Pacific announces new CEO for Digicel Samoa.
People moves: BSP, Barrick Gold, Heduru Moni, Kina Bank, Coca-Cola
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9 Nov 2022 by Leave a Comment
A new Group CEO for BSP Financial Group, Barrick Gold and Heduru Moni announce new Independent Directors, Kina Bank welcomes new Regional Manager and Coca-Cola appoints new marketing executive.
In brief: COVID-19 test no longer required for arriving passengers into Papua New Guinea
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10 Aug 2022 by Leave a Comment
COVID-19 test are no longer necessary for inbound passengers into Papua New Guinea, local company gets K62 million contract to project manage infrastructure projects and a coffee producer partners with the Australia’s Market Development Facility to establish a ‘revolving fund’. The news you need today.
In brief: Papua New Guinea’s Central Bank increases Kina Facility Rate and other business stories
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20 Jul 2022 by Leave a Comment
The Bank of Papua New Guinea has increased the Kina Facility Rate, Prime Minister Marape welcomes Telstra, and Phase II of the Central Banking Act gets green lighted. The business news you need today.
In brief: PNGEITI head says Porgera needs to reopen soon and other business stories
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29 Jun 2022 by Leave a Comment
Calls for the reopening of Porgera gold mine and compensation, BSP Financial Group Ltd files a Supreme Court reference on new income tax, and Lae City to get a new market. The business news you need.
In brief: new billion kina electricity project in Papua New Guinea and other business news
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20 Jun 2022 by Leave a Comment
The Asian Development Bank and partners join forces for multimillion electricity project in Papua New Guinea, the Mineral Resource Authority stops field operations temporarily and new plan to help the copra industry against pest. The business news your need today.
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