Papua New Guinea Government names new Ministers, Kina and Newcrest get new COOs, Steamships appoints a director, new Singapore Honorary Consul-General, new head at Port Moresby General Hospital, and an addition to Bougainville Copper board.
People moves: Cabinet mini-reshuffle, Kina Bank, Steamships, Newcrest, Singapore Government, Port Moresby General Hospital, Bougainville Copper
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People moves: City Pharmacy Limited, MiBank, Steamships
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City Pharmacy Limited names new National General Manager and MiBank announces an addition to the MiBank Board.
Steamships managing director looks to growth opportunities
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One of Papua New Guinea’s oldest and largest companies is focusing on expanding its hotel and property interests, according to Managing Director, Michael Scantlebury. He tells Business Advantage PNG an uplift in PNG’s economic outlook is providing fresh investment impetus.
People moves: Steamships
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Board resignation The Board of Directors of Steamships Trading Company Limited (Steamships) has announced that Peter Aitsi has resigned from the Steamships Board, effective October 10, 2018. He had served on the board since November 2014. ***
People moves: Steamships, Air Niugini, Kumul Consolidated Holdings, PNG Post, PNG Power
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New director at Steamships, changes at Air Niugini, Kumul Consolidated Holdings, PNG Post, PNG Power
Analysis: Papua New Guinea companies using rationalisation to adapt to weaker economic conditions
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The sluggish Papua New Guinea economy is triggering a bout of rationalisation, two of the recent examples being in the banking and manufacturing sectors.
In brief: Steamships sells Laga to Paradise, and other business stories
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Steamships sells Laga to Paradise, Credit Corp profit falls, and Papua Niugini Freezers begins exports to Solomon Islands. Your weekly digest of the latest business news.
In brief: Oil Search says there is ‘distribution’ problem with payouts, and other business news
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Oil Search acknowledges problems with payouts, Frabelle denies shut down and the ICCC starts legal proceedings against Steamships. Your weekly digest of the latest business news.
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