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In brief: Papua New Guinea’s founding father dies and other business stories

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Two weeks of national mourning declared after Papua New Guinea’s longest-serving Prime Minister Michael Somare passed away, Ihu Special Economic Zone enters second phase of development and PNG’s exports to China.

People moves: Oil Search

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New director joins Oil Search board.

People moves: St Barbara, EY, UNICEF

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St Barbara Ltd welcomes a new General Manager and UNICEF appoints a new representative for its Children’s Emergency Fund in Papua New Guinea.

In brief: COVID-19 surge in Papua New Guinea and other business stories

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A surge of COVID-19 cases in Papua New Guinea, Oil Search posts major loss and NEC endorses the National Energy Authority Bill 2020. The midweek business news, curated for you by Business Advantage PNG.

In brief: Preparing to clean up Papua New Guinea’s Sinivit gold mine and other business stories

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A submission to Cabinet is being prepared to clean up the Sinivit mine, 6-Mile market to open next month and Ela Beach opens its Beachside Precinct.

New laws, new projects, new power: Kumul Petroleum’s MD on Papua New Guinea’s petroleum and gas future

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In this exclusive interview, Wapu Sonk, Managing Director of Kumul Petroleum Holdings, looks ahead to the next decade of Papua New Guinea’s petroleum and gas sector.

People moves: Coca-Cola Amatil, National Procurement Commission

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Coca-Cola Amatil announces executive changes and the National Procurement Commission welcomes a Provincial Procurement Committee.

In brief: Mineral Resources Authority to decentralise and other business stories

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Mineral Resources Authority to decentralise functions, new hotel in Port Moresby, and Papua New Guinea says goodbye to the submarine cable that connected it to the world for over 15 years.

In brief: Papua New Guinea’s economy expected to recover by 2.5 per cent and other business stories

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Bank South Pacific executive says Papua New Guinea’s economy will recover by 2.5 per cent, Marape launches seven projects in Kainantu including the Ramu Hydro Power Station 2 and K1 million allocated for communication towers in Gulf Province.

Energy in Papua New Guinea: a sector profile

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A profile of the energy sector in Papua New Guinea, including an overview, key players, peak bodies, funding sources and incentives.

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