Pacific Marine Industrial Zone construction to start this month, personnel emoluments overruns costing PNG millions, and Newcrest Mining delivers profit. Your weekly digest of the latest business news.
In brief: Oil Search rejects Woodside takeover bid as ‘highly opportunistic’, and other business stories
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16 Sep 2015 by Leave a Comment
Analysts predict Woodside will up its takeover offer for Oil Search, Business leader estimates K1.5 billion in foreign currency waiting for processing, and NZ re-opens its trade office in Port Moresby. Your weekly digest of the latest business news.
In brief: Papua New Guinea Power fast-tracks extra machines to stabilise power in Port Moresby, and other business stories
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9 Sep 2015 by Leave a Comment
Port Moresby load shedding after shortfall in generation capacity, NRL rights deal kicks Telikom’s purchase of EMTV into touch, Eastern Highlands coffee producers may switch to robusta. Your weekly digest of the latest business news.
In Brief: Papua New Guinea Budget deficit rises to 9.4% of GDP, and other business stories
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5 Aug 2015 by
Treasury says Deficit rises to 9.4% of GDP, foreign advisers ban, and parliament passes Sovereign Wealth Fund bill. Your weekly digest of the latest business news.
In brief: Share restructuring and recapitalisation at Airlines PNG, and other business stories
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15 Oct 2014 by Leave a Comment
Share buyback and recapitalisation at Airlines PNG, lucrative tuna deal signed with United States, and Digicel in talks over buying shares in EMTV. Your weekly digest of the latest business news.
People moves: Kina Petroleum, MRDC, Marengo Mining and PIPSO
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14 Jan 2014 by
A new board member at Kina Petroleum, a new chairman of the Mineral Resources Development Corp., and other new appointments.
PM O’Neill flags major restructure of Papua New Guinea’s state-owned assets
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10 Apr 2013 by
Papua New Guinea’s Prime Minister, Peter O’Neill, has confirmed the government will restructure the country’s interests in oil, gas and mining resources into two separate mining and petroleum companies. All other state-owned enterprises will be absorbed into a third holding company.
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