Prime Minister James Marape to visit ExxonMobil’s headquarters, Telikom/bmobile merger to be finalised this month, and delays in Porgera’s reopening. The business news you need today.
In brief: Papua New Guinea’s Prime Minister says P’nyang project could be a ‘win-win’ and other business stories
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23 Sep 2021 by Leave a Comment
People moves: Credit Corp, Mayur Resources
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22 Sep 2021 by Leave a Comment
Credit Corporation announces changes to its team and Mayur Resources welcomes two board Directors.
In brief: Papua New Guinea grants Special Economic Zone status to Mayur’s project and other business stories
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15 Sep 2021 by Leave a Comment
Mayur’s Central Lime and Cement project receives Special Economic Zone status, Porgera mine announcement coming on 16 September and COVID cases increase in Papua New Guinea. The business news you need today.
People moves: Grow PNG
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15 Sep 2021 by Leave a Comment
Grow PNG announces new Executive Director.
Regulator rejects Kina Bank’s acquisition of Westpac’s Papua New Guinea assets
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14 Sep 2021 by 7 Comments
It is back to the drawing board for Kina Bank and Westpac, as Papua New Guinea’s Independent Consumer and Competition Commission has issued a ‘final determination’ declining authorisation of Kina’s proposed acquisition of Westpac Papua New Guinea.
Santos and Oil Search agree to merge
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13 Sep 2021 by Leave a Comment
Oil and gas companies Oil Search and Santos have completed a merger agreement set to create a company with ‘a pro-forma market capitalisation’ of approximately A$21 billion (K54 billion). Regulatory and shareholder approvals will ultimately decide the deal’s fate, however.
In brief: Papua New Guinea’s Prime Minister talks about Wafi-Golpu and other business stories
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9 Sep 2021 by Leave a Comment
Air Niugini announces restrictions to travel to Sydney, Prime Minister Marape says Wafi-Golpu could be expected in December and Twinza Oil gets an ultimatum. The business new you need today.
Papua New Guinea awards Pandora gas field licence to Kumul Petroleum
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9 Sep 2021 by 2 Comments
Awarding the Pandora gas field license to Papua New Guinea’s oil & gas national company spells potential significant changes to the way licenses are granted in the country.
People moves: Super Value Stores, Pacific Games
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9 Sep 2021 by Leave a Comment
Super Value Stores welcomes new Chief Executive Officer and the 2023 Pacific Games appoint new boss.
Papua New Guinea Investment Conference gets off to a flying start
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8 Sep 2021 by Leave a Comment
The three day Business Advantage Papua New Guinea Investment Conference got off to a flying start on Tuesday 7 September, with no less than two prime ministers and a host of other expert speakers addressing the digital forum. The tone was more upbeat than could have been expected 18 months into the COVID-19 pandemic. The […]
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