Roy Trivedy says Supplementary Budget is essential but not enough, Telikom and bmobile merger approved, visas for SME workers on hold.
In brief: More than just a Supplementary Budget needed says UN Country Manager, and other business stories
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16 Aug 2017 by Leave a Comment
People moves: PNG Power, Kumul Consolidated Holdings, Allens, Cricket PNG
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21 Jun 2017 by Leave a Comment
New board appointees at PNG Power and Kumul Consolidated Holdings, a Managing Associate appointment at Allens, and a new Chairperson at Cricket PNG.
In brief: New Lae power station being launched this week, and other business news
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7 Jun 2017 by Leave a Comment
Thermal power station launched this week, PNG DataCo and Telikom share fibre optics, Mainland Holdings expands wheat production. Your weekly digest of the latest business news. PNG Power’s Acting CEO Alex Oa says the new 30-megawatt thermal power station at Munum just outside Lae city in Morobe Province is expected to be commissioned this week. PPL is confident […]
In brief: Bank South Pacific expands into Cambodia, and other business stories
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30 May 2017 by Leave a Comment
BSP enters a joint venture deal in Cambodia, management restructure planned for PNG Power, and government shelves GST rise. Your weekly digest of the latest business news.
In brief: Merger of Telikom, bmobile and DataCo under Telikom, and other business stories
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21 Feb 2017 by Leave a Comment
Government plans to merge Telikom, bmobile and DataCo, Highlands Pacific Chairman says PanAust’s resignation requests amount to a takeover, and PNG LNG reports 25% increase in LNG. Your weekly digest of the latest business news.
In brief: Kina depreciated by 36% since 2012, Reserve Bank governor reveals, and other business stories
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26 Oct 2016 by Leave a Comment
Loi Bakani says managing a depreciating kina is ‘very difficult’, Canadian court to hear appeal against InterOil buyout, and Coffee Industry Corp steps up rehabilitation program. Your weekly digest of the latest business news.
In brief: Why Papua New Guinea internet costs are so high and other business stories
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6 Oct 2016 by Leave a Comment
A new report outlines ways to improve PNG’s internet services, PNG Power to ask for profits to be reinvested in equipment and PM calls for more PPPs in tourism. Your weekly digest of the latest business news.
Asian Development Bank puts case for greater private involvement in state-owned enterprises
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21 Sep 2016 by 1 Comment
Increasing private sector involvement in Papua New Guinea’s state-owned enterprises (SOEs) would be a ‘powerful mechanism’ for improving the sector’s efficiency, according to a new report by the Asian Development Bank.
In brief: Sir Mekere Morauta offers 3-step solution to K2 billion PNGSDP dispute, and other business stories
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4 May 2016 by 1 Comment
Sir Mekere Morauta calls for ‘genuine government effort’ to resolve K2 billion dispute, IFC approves credit facility and Manus business leaders want to be treated as a ‘special case’, if detention camps close. Your weekly digest of the latest business news.
In brief: Bank of Papua New Guinea seeks K793 million loan to assist foreign exchange backlog, and other business stories
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30 Mar 2016 by Leave a Comment
Central bank seeks temporary loan to cover backlog of demand for foreign currency, district grants and non-tax paying companies under fire and kina to fall to its lowest level since 2003 if current rate of depreciation continues. Your weekly digest of the latest business news.
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