The PNG Chamber of Mines and Petroleum pledges to join help with COVID-19 efforts, news on the Simberi gold mine revised MOA and a new report highlights strategies to help the coffee industry. Your business news in brief.
In brief: Chamber of Mines and Petroleum pledges to help Papua New Guinea with COVID-19 efforts and other business stories
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29 Mar 2021 by Leave a Comment
People moves: Oil Search, Autonomous Region of Bougainville, PNG Air
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7 Oct 2020 by Leave a Comment
Oil Search appoints six Independent Committee Members, new cabinet members for the Autonomous Region of Bougainville and PNG Air announces changes at the helm.
In brief: Nadzab Airport redevelopment project officially launched and other business stories
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3 Aug 2020 by Leave a Comment
Nadzab airport set to get a major facelift, PNG Ports says only three ports are profitable, and SIM card registration deadline extended. The business news you need to kickstart your week.
In brief: Papua New Guinea ‘will shortly be sending Exxon’ its final position for P’nyang and other business stories
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1 Jun 2020 by 1 Comment
Papua New Guinea’s Prime Minister, James Marape, talks about the delays in resources projects, Air Niugini through its subsidiary Link PNG could purchase up to 60 per cent of shares in PNG Air and K113,000,000 from the COVID-19 stimulus package will be used to improve food security and strengthen agriculture production.
Link PNG swoops: state-owned airline bids for a slice of PNG Air
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1 Jun 2020 by Leave a Comment
Air Niugini subsidiary Link PNG has launched a takeover bid for rival domestic carrier PNG Air – via a share acquisition from Nasfund. With the national airline undergoing significant restructuring, what are the prospects for a sustainable aviation sector in Papua New Guinea?
People moves: Credit Corporation PNG, Ela Motors, PNG Air, Employers Federation, IFC
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20 May 2020 by Leave a Comment
Credit Corporation announces a Chief Operating Officer, Ela Motors welcomes its CEO, the Employers Federation of Papua New Guinea announces a new head, PNG Air appoints an Acting CEO and Solomon Islands gets a new IFC Country Officer.
Turbulent times: Papua New Guinea’s airlines rise to the challenge
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13 May 2020 by Leave a Comment
In spite of the International Air Transport Association reporting global losses for the airline industry up to US$314 billion (K1086 billion), Papua New Guinea’s carriers are keeping essential services going under the toughest business conditions.
In brief: African swine fever reaches Papua New Guinea and other business stories
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30 Mar 2020 by Leave a Comment
The Minister for Agriculture puts measures in place to stop the spread of the African swine fever and protect the pork industry, Prime Minister James Marape announces stimulus package and ICCC monitors shops to avoid price spikes in essential items. The business news you need to kickstart your week.
People moves: National Executive Council, Airswift, PNG Air, Lae, Bougainville, Pacific Trade Invest
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14 Jan 2020 by Leave a Comment
The National Executive Council appoints a new Petroleum and Energy Secretary, Airswift announces a General Counsel, PNG Air gets a new Chief Financial Officer, Lae names a District Administrator, the Autonomous Region of Bougainville re-shuffles its cabinet and an Acting Trade Commissioner joins Pacific Trade Invest New Zealand.
In brief: Papua New Guinea’s Treasurer announces a deal to address forex issues and other business stories
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2 Dec 2019 by Leave a Comment
Treasurer Ian Ling-Stuckey announces a deal with the Bank of Papua New Guinea to improve the availability of forex in the country, the Australian Government and the International Monetary Fund pledge to help PNG in its medium term revenue strategy, and Lihir Gold Mining Limited to pay K54 million directly to landowners. Your weekly digest of business news.
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