Australia suspends flights from Papua New Guinea to Cairns

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The Australia government is suspending passenger flights from Papua New Guinea to Cairns, one of a number of measures that will impact business travel between the two countries. Meanwhile, PNG is getting ready for further COVID-19 mitigation measures.

In brief: leading PNG companies announce 2020 financial results and other business stories

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Credit Corporation, NGIP Agmark and Kina Asset Management release their 2020 financial year results. The latest business news in brief.

People moves: Credit Corporation, Laga Industries

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Credit Corporation (PNG) announces resignation of Board Director, Laga Industries welcomes new National Sales Manager.

In brief: Bank South Pacific signals intention to list on ASX and other business stories

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Bank South Pacific signals intention to achieve dual listing, National Fisheries Authority gets ready to launch its 10-year plan and Papua New Guinea says farewell to its founding father.

In brief: Ok Tedi Mining suspends flights to Australia and other business stories

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Ok Tedi Mining suspends flight to Australia after three miners tested positive to COVID-19, Papua New Guinea continues to battle surge in COVID cases and National Fisheries Authority signs agreement for Daru fishery.

People moves: Nambawan Super

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Former Pacific Island Forum Secretary General joins Nambawan Board.

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.