The Asian Development Bank and ATH partner to develop a new mobile broadband telecommunications network in Papua New Guinea, the National Airports Corporations partners with the Fly River Provincial Government and PNG to redevelop the meat industry. The business news in brief.
In new measures announced last Friday by the Controller of Papua New Guinea’s COVID-19 National Pandemic Response, fully vaccinated international arrivals from ‘low to medium risk’ countries will be able to quarantine for just seven days when entering the country and will be eligible for home quarantine.
The Bank of Papua New Guinea to be reviewed, Porgera jobs plan, and new strategic plan for women in coffee. The business news in brief.
New Chief of Staff for Kina Bank, departure at EMTV.
Papua New Guinea’s Prime Minister James Marape has confirmed draft changes to the country’s regulatory and fiscal regimes for PNG’s mining and petroleum sector will be circulated soon. But he has also reassured the sector that the changes, flagged for implementation in 2025, would be made ‘in consultation’.
Re-opening of Porgera inching closer, Sinivit gold mine causing environmental concerns and SMEs need a billion kina . The business news in brief.
The Ramu nickel mine in Papua New Guinea’s Madang province had strong first quarter production, according to Nickel 28, the junior partner in the joint venture.
Ok Tedi Mining rolls out its vaccination program, landowners call for the government to move forward Wafi-Golpu and Fishing Industry Association proposes discounts on fishing days. The business news in brief.
PNG Air appoints two key positions, the National and Supreme Court welcome five new judges and Mayur Resources Limited announces changes to its board.
Recent developments in the Papua New Guinea’s resources sector should boost confidence, according to international ratings agency Fitch Solutions. Its latest outlook on the country, however, warns of ‘policy uncertainty and ongoing risks to social stability’.