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People moves: Bank of Papua New Guinea, Paradise Foods, Fortescue, OTML, Santos, MiBank, Credit Corp

19 Jan 2022 by Leave a Comment
Changes at the Bank of Papua New Guinea, Paradise Foods announces new CEO, change at Fortescue Metals, Ok Tedi Mining Ltd (OTML) welcomes new board member, Santos appoints Chief Financial Officer, MiBank gets Independent Directors, and Credit Corp announces Non-Executive Director.
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In brief: Papua New Guinea’s Porgera and Wafi-Golpu mines to be prioritised and other business news

19 Jan 2022 by Leave a Comment
Mineral Resources Authority to prioritise Porgera and Wafi-Golpu, Papua New Guinea's Forestry Industry struggling, and over K1.4 billion of new road contracts announced. The business news you need today.
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‘Thumbs up’: Santos to list on Papua New Guinea’s stock exchange

10 Dec 2021 by 4 Comments
Santos is listing on Papua New Guinea's stock exchange, the PNGX, after its merger with Oil Search received the necessary final approvals. It will immediately become the exchange's largest listing, providing PNG's capital markets with a timely boost.
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Oil Search’s shareholders vote overwhelmingly to merge with Santos

7 Dec 2021 by Leave a Comment
Oil Search's shareholders have voted overwhelmingly to approve its merger with fellow petroleum and gas company Santos at a special shareholders meeting. With National Court and ICCC approval also received, the way is clear for the creation of a A$23 billion (K56.88 billion) resources company.
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In brief: new resources projects moving forward Prime Minister Marape tells resources industry and other business stories

6 Dec 2021 by Leave a Comment
New resources projects moving forward, Prime Minister Marape tells resources industry, Fortescue's CEO visits the Purari hydropower project and the ADB welcomes changes to Kumul Consolidated Holdings legislation. The business news you need today.
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In brief: Kina Bank announces new branches in Papua New Guinea and other business stories

1 Dec 2021 by Leave a Comment
Kina Bank to open new branches in Papua New Guinea, Minister for Information & Communication Technology launches new ICT plan, and Nambawan Super starts construction of Waigani office complex. The business news you need today.
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