The merger of two of the major players in Papua New Guinea’s oil and gas sector has taken a major step forward, with Santos and Oil Search agreeing terms. What would it mean for PNG?
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The ICCC Commissioner issues warning about ‘complete chaos’ with the National Electricity Authority Act, Treasurer gives hope to potential overseas workers, and Nasfund opens a service centre in Maprik. The business news you need today.
The Capital Insurance Group announces Acting CEO and the Coffee Industry Corporation welcomes a new Board Chairman.
In an interim determination, Papua New Guinea’s Independent Consumer and Competition Commission (ICCC) says it may not allow Kina Bank to buy Westpac’s remaining assets in the Pacific.
What does Papua New Guinea need to do to add more value to its produce? Chey Scovell, CEO of PNG’s Manufacturers Council has told a Business Advantage PNG briefing that the country is already doing better than many think, and that a ‘holistic’ approach is needed to boost the manufacturing sector further.
PNG Now photographers Dean Arek and Godfreeman Kaptigua roamed the capital city of Papua New Guinea recently and found a dedicated workforce. The common story of the people photographed and interviewed is that they love their jobs.
Australian telecommunications giant Telstra has been in negotiations to buy Digicel, Papua New Guinea’s largest telco. Meanwhile, gas company Santos has been pursuing PNG’s largest company, Oil Search. Why is PNG seeing such mergers and acquisitions activity, and are more likely?
Oil Search says goodbye to its Managing Director and Credit Corporation (PNG) welcomes Chair.
Businesses in Papua New Guinea are playing a key role in helping their employees make an informed decision about the COVID-19 vaccine. Dr Ann M. Clarke, Project Manager at the non-for-profit Business for Health PNG (B4H), shares her insights with Business Advantage PNG.
Kina Bank announces K50 million for small and medium-sized businesses, Prime Minister Marape’s update on mining projects, and BSP Financial Group cautiously optimistic about Papua New Guinea’s post-COVID recover. The business news you need today.