New BSP Financial Group secretary, historic appointment for Pacific Islands FFA.
In brief: Outstanding foreign exchange orders almost K1.5 billion says Central Bank and other business stories
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19 Apr 2023 by Leave a Comment
Outstanding foreign exchange orders almost K1.5 billion according to Bank of PNG, Newmont makes offer for Newcrest Mining, and progress on Porgera gold mine. Your business news digest.
In brief: Kumul Petroleum signs deal to build fabrication facility and other business stories
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14 Mar 2023 by Leave a Comment
Kumul Petroleum signs deal to build fabrication facility, Nasfund announces net profit and feasibility study for the Mongi hydroelectric project. Your business news in summary.
In brief: Steamships to bring Marriott brand to Papua New Guinea and other business stories
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20 Oct 2022 by Leave a Comment
Steamships to open first Marriott-branded property in Papua New Guinea, exports of mud crabs to Singapore, and temporary disruptions at Lae port. Your business news in a nutshell.
Papua New Guinea’s Pasana Group: plain sailing
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23 May 2022 by Leave a Comment
Two brothers have teamed together to teach the new generation of Papua New Guineans traditional canoe skills.
In brief: New gas-fired power plant for Hela and other business stories
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4 May 2022 by Leave a Comment
Plans for a new gas-fired power plant in Hela, Digicel rejects tower sharing, and the IPA signs a memorandum of understanding with the Immigration and Citizenship Authority. The business news you need today.
In brief: Due diligence starts on Santos/Search merger
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10 Aug 2021 by Leave a Comment
Santos and Oil Search potential merger advances, Twinza Oil wants Pandora gas fields license announced before the Pasca A agreement, and funding for Pacific fisheries. PNG business news in brief.
In brief: BSP refutes allegations of breaches to anti-money laundering laws and other business stories
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23 Jun 2021 by Leave a Comment
BSP Financial Group Limited responds to accusations, Air Niugini temporarily suspends flights to Cairns and Memorandum of Understanding signed to boost green finance initiatives.
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.
To build or not to build: multibillion dollar Chinese project highlights Western Province’s dilemmas
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15 Feb 2021 by 18 Comments
Reports that a Chinese company has put forward a multibillion dollar plan to develop several areas in Western Province have highlighted the lack of investment in one of Papua New Guinea’s most neglected provinces.
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