Departing PNG Power Chairman Peter Nupiri has called for less political interference in the state-owned utility and a ‘strong commitment’ from government for its reform.
In brief: Bougainville’s President ends speculations about the future of Panguna and other business stories
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1 Feb 2021 by Leave a Comment
President Ishmael Toroama says Bougainville is not ‘colluding’ with third parties to reopen Panguna, new project to increase regional and international trade in the Pacific, and potential date for the launch of ISEZ’s project program.
In brief: Mineral Resources Authority commends K92 Mining for paying taxes and other business stories
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27 Jan 2021 by 1 Comment
K92 Mining sets example in the mining industry in Papua New Guinea, Australia commits funds to help PNG get COVID-19 vaccinations and latest survey on COVID-19’s impact on the business community.
People moves: ExxonMobil, NDB, NBPOL, Twinza, Minister for Foreign Affairs, Pacific Community, Capital Insurance Group, Papua New Guinea Cocoa Board, Kumul Telikom Holdings
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27 Jan 2021 by Leave a Comment
ExxonMobil announces executive changes, the National Development Bank names a new Chief Financial Officer, New Britain Palm Oil appoints new boss, Lae gets a new Consul-General, Pacific Community welcomes a Deputy Director-General Operations and Integration, Capital Insurance Group names Chief Operating Officer, new head for Papua New Guinea Cocoa Board and announcement at Kumul Telikom Holdings.
In brief: Wafi-Golpu licence expected by the end of July or August and other business stories
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25 Jan 2021 by Leave a Comment
Mining Minister is optimistic about Wafi-Golpu mining project, Police Commissioner must vacate office before the end of the month and Australia’s Seasonal Worker Program is back.
In brief: Digicel possibly up for sale and other business stories
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20 Jan 2021 by Leave a Comment
COVID-19 tests now mandatory for incoming flights to Australia, Digicel’s Pacific operations could be up for sale and K92 organises a visit to the Kainantu mine.
People moves: Kumul Consolidated Holdings, Commonwealth Secretariat
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20 Jan 2021 by Leave a Comment
New Chair for Kumul Consolidated Holdings, Commonwealth Secretariat welcomes a new Chair.
In brief: K100 million for Ihu Special Economic Zone and other business stories
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18 Jan 2021 by Leave a Comment
Ihu Special Economic Zone gets funds, Prime Minister Marape urges national to go into small agriculture businesses and the Internal Revenue Commission opens an office in Jiwaka Province. Business news to stay on top.
In brief: Kumul Petroleum awards contracts for a new power generation facility and other business stories
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13 Jan 2021 by Leave a Comment
Kumul Petroleum Holdings advances plans for a new power generation facility, new Australian new travel requirements and Ok Tedi Mining announces final dividend. Your round-up of the latest business news.
People moves: Kina Securities, Bank South Pacific, Oil Search, Newcrest
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13 Jan 2021 by Leave a Comment
Kina Securities Ltd announces a new Non-Executive Director, Bank South Pacific (BSP) welcomes a new Director, Oil Search appoints a Communication Manager and Newcrest Mining welcomes new external affairs executive.
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