Japan funding K2 billion for roads and bridges, the National Executive Council prevents PNG Power from defaulting on overdraft and PanAust buys 80% share of Frieda River project. Your weekly digest of the latest business news.
In brief: Prime Minister resists arrest warrant and other stories
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Prime Minister Peter O’Neill refuses to step aside after corruption claims, courts approve UBS loan repayments and Papua New Guinea’s financial system is worth nearly K40 billion. Your weekly digest of the latest business news.
In brief: Government considers lift in minimum wage and other business stories
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Cabinet considers a rise in the minimum wage, Australia to involve private sector in aid delivery, and Oil Search expects huge annual cashflow from LNG plant. Your weekly digest of the latest business news.
People moves: Telikom PNG, IPBC, PNG Power, APNGBC
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New CEO at Telikom PNG, two new board members at IPBC, a resignation at PNG Power, a new council president, and Leighton’s chairman to retire.
People moves: PNG Power, Marengo Mining
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A new chairman for PNG Power, new COO at Marengo Mining.
In brief: O’Neill defends loan, call to boost police/military, Abbott in PNG
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O’Neill defends loan to buy into Oil Search, economy vulnerable unless security boosted, Manus Detention Centre focus of Abbott/O’Neill talks. Your weekly digest of the latest business news.
People moves: Morobe Mining, PNG Power
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Morobe Mining and PNG Power Chief Executive appointments confirmed this week.
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