Mayur Resources’ first three mineral projects in Papua New Guinea are now ‘shovel-ready’ and ready for financing, according to a letter to investors issued by Managing Director Paul Mulder this week. Mayur’s low share price remains an issue, however.
Global supply chain issues are having a major impact on many businesses in Papua New Guinea. Business leaders tell Business Advantage PNG that delivery delays and higher costs are causing some projects to be slowed or even postponed in key sectors. There are signs, however, that the global situation is improving.
Kingston Resources announces strategic review of Misima gold project, Digicel takes PNG Government to court as Telstra takes control, and direct flights to Fiji and Solomons return. The business news you need today.
Hard work is paying off for Yaku Ninich, one of Papua New Guinea’s top fashion designers.
MiBank announces new Chairperson, new CFO at Coppermoly.
The International Finance Corporation (IFC) announces new Country Manager for the region, Steamships welcomes Corporate Affairs Head, Credit Corporation (PNG) appoints new board member and a new General Manager joins FX Business Centre.
Loyalty schemes have dramatically transformed in Papua New Guinea with customers being offered more schemes, as well as more choice within existing loyalty programs. Here are the loyalty schemes you can’t miss.
Papua New Guinea’s independent power producers are owed in excess of K200 million by state utility PNG Power, which itself is facing revenue challenges, according to industry association, IP3. The situation is being made worse by rising global fuel costs.
The World Bank announced new program and generous funding for Papua New Guinea agriculture sector, call centre launched for the 2022 elections and the Civil Aviation Development Investment Program eyes phase 2. The business news you need today.
Australia’s new government has made it clear that its approach to its relationship with the Pacific will have a new type of engagement. Will it give it a chance to fight the influence of China in the region? Political consultant Jeffrey Wall explores.