Nambawan Super profit of K406 million, Bank South Pacific reports net profit of K1.99 billion, government agencies locked out of offices for allegedly non-payment of rents. Your weekly digest of the latest business news.
Posts by Business Advantage PNG
Two new directors at NASFUND, a new Chairman at PNG Power
‘First past the post’ voting system to return, expansion of Milne Bay airport, and rugby league now a K15m a year business. Your weekly digest of the latest business news.
A new City Manager for the NCD, a new General Manager for Hilton, and CPL MD returns
ExxonMobil, Oil Search close LNG production facilites after quake, analysts expect kina to fall ‘over the near-term’, and agreement being finalised to allow Philippines farmers to grow rice in PNG. Your weekly digest of the latest business news.
A new Chief Operating Officer at Nautilus Minerals, a new regional Manager at Peopleconnexion and a new Hotel Manager at the Crowne Plaza
Papua New Guinea’s APEC year has started, with the first Senior Officials Meeting now under way in Port Moresby. Recent experience shows the year will be successful, according to the country’s APEC Ambassador, Ivan Pomaleu. David Toua, chair of the APEC Business Advisory Council (ABAC) says it is necessary to support globalisation.
A new Country Representative for the UN in PNG, Senior Taxation appointment at KPMG
Total public debt stands at K23.5 billion, review of gun licences for private security firms likely, and People’s Micro Bank to be commercialised later this year. Your weekly digest of the latest business news.
Control of foreign fishing vessels in international waters is the biggest threat to the South Pacific tuna industry, according to James Movick, Director-General, Pacific Islands Forum Fisheries Agency. He tells Business Advantage PNG that plans to increase aerial surveillance will help detect illegal fishing.