Forestry Minister unveils plans to ‘take back the forestry sector’, Minister for Fisheries says funding is needed for the Pacific Maritime Industrial Zone and the Chamber of Mines and Petroleum questions gold refinery and mint project in Papua New Guinea. The business news you need today.
Papua New Guinea’s Treasurer Ian Ling-Stuckey is expected to deliver his third National Budget tomorrow (Thursday), with a major focus on managing the country’s K6 billion budget deficit.
Credit Corp announces board appointment and Pacific MMI appoints a new boss.
Imagine all the different items you need to source for a major hotel renovation. And then consider how you’d get them all to a remote part of Papua New Guinea.
Santos and Oil Search merger now in the hands of the ICCC, DataCo reduces wholesale prices by 66 per cent for metro fibre connectivity services, and Treasurer Ling-Stuckey receives report on the Central Bank Act 2000 review. The business news you need to know.
Kina Bank has unveiled its own range of products aimed at supporting SMEs in Papua New Guinea. Chief Executive Officer Greg Pawson explains the thinking behind the move to Business Advantage PNG.
Changes at Geopacific Resources, a new General Manager at FX Business Centre and Newcrest appoints Chief Financial Officer.
Privatisation talks take place for Telikom PNG and Bmobile, government commits to ending large scale logging by 2030 and Telstra begins its move to acquire Digicel. Your digest of the week’s business news.
Papua New Guinea Fortescue Future Industries has signed a deal to undertake feasibility studies for 18 green energy and hydrogen projects in Papua New Guinea. While there are no firm investment decisions yet, two projects are looking promising.
A project to build a refinery and mint facility in Port Moresby could put Papua New Guinea in the ‘world gold map’, Bougainville to receive K50 million electricity support package, and new agribusiness development in Western Province. The business news you need today.