Board changes at Air Nuigini, Talisman Energy’s CEO to step down and other senior appointments.
Latest news
The latest business news from Papua New Guinea and the region
Business in Papua New Guinea is now starting to focus on the looming deadlines for the country’s taxation review – a review that could have major implications for business, including the country’s resources sector.
PNGSDP begins divesting assets, a new trade treaty with Australia and Bougainville prepares to export copra oil. Your weekly digest of the week’s business news.
Newcrest Mining has appointed Francesca Lee as General Counsel & Company Secretary.
The Papua New Guinea Government plans to sell its 50% in Air Niugini, PNG Power calls for overseas power investors and tuna industry threatened. Your weekly digest of the week’s business news.
The O’Neill Government’s recent decision to cease visas on arrival for Australian citizens entering Papua New Guinea will have an impact on business, according to a Business Advantage PNG poll.
The Gulf Provincal government has set up a 50/50 partnership with the United States-based cargo transportation company, Teras America LLC, to build a port to service Papua New Guinea’s second LNG project and other industries.
A new, independent director at New Britain Palm Oil, two new executives at InterOil, and other appointments.
The O’Neill Government to appeal a National Court ruling ordering Ok Tedi to suspend dumping, Fisheries Authority makes K10m available for small business, and Newcrest cash-flow looking positive. Your quick digest of the week’s business news.
The value of the Papua New Guinea’s currency, the kina, is expected to fall as much as ten per cent over the coming year, after stabilising for the last two months, according to Lead Pacific Economist at ANZ Bank, Daniel Wilson.