After a month of political jousting, the Marape government yesterday survived an Opposition challenge in Papua New Guinea’s Parliament and has apparently legally passed the 2021 National Budget.
Breaking: Supreme Court recalls Papua New Guinea’s Parliament
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9 Dec 2020 by Leave a Comment
In a move which has major implications for Papua New Guinea’s governance and national budget, the Supreme Court has ruled that the sitting of Parliament of 17 November was unconstitutional and invalid. It has ordered Parliament resume next Monday 14 December.
2020: the year in review for Papua New Guinea business
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9 Dec 2020 by 1 Comment
COVID-19, Porgera and politics may have monopolised the attention of the media, but 2020 brought many other challenges, unexpected changes and triumphs for business. Here’s how Business Advantage PNG reported on this extraordinary year.
People moves: Bank South Pacific, Harmony Gold
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9 Dec 2020 by 1 Comment
The largest bank in Papua New Guinea, Bank South Pacific, announces changes to its team and Harmony Gold appoints new General Manager for Hidden Valley Mine.
Kina Bank buys Westpac’s Pacific assets in billion kina deal
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7 Dec 2020 by 6 Comments
Kina Bank has consolidated its position as Papua New Guinea’s second largest bank, and also taken a first step towards becoming a regional bank, by acquiring the assets of Westpac in Papua New Guinea and Fiji.
In brief: Talks with Total to resume and other business stories
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7 Dec 2020 by Leave a Comment
Supreme Court to make ruling, Telikom PNG cuts fixed-line call services, and a Total delegation readies to talk Papua LNG. The business news you need to kickstart your week.
People moves: Oil Search, Steamships, Nambawan Super, Abt Associates
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2 Dec 2020 by Leave a Comment
Oil Search CFO designate departs, new legal counsel at Steamships, new CFO at Nambawan Super, new Deputy Director at Abt Associates.
In brief: PNG working on US trade and investment framework and other business stories
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30 Nov 2020 by Leave a Comment
The United States and PNG working on trade and investment framework, Supreme Court rules Marape legally elected and Morobe Provincial Government to be first provincial government to engage directly in alluvial mining. The business news you need to kickstart your week.
Boardroom briefing: promising vaccines, app to enable global travel, and poultry investment pays off
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24 Nov 2020 by Leave a Comment
Vaccines give hope for an end to quarantine, aviation industry launches app to get back in the air, and agritech finds a way to sell eggs before they’ve been laid. Readings from around the world on business, leadership and management.
In brief: Dirio Gas and Power project launched and other business stories
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23 Nov 2020 by Leave a Comment
The Dirio project gets commissioned, Barrick distances from Papua New Guinea’s political turmoil and state-owned enterprises reform on track. The business stories you need to kickstart your week.
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