The shipping forecast: the vision for expanding Papua New Guinea’s ports

This week saw the announcement of AUD$580 million (K1.45 billion) in financing support from Australia for Papua New Guinea's ports. PNG Ports' Managing Director Fego Ota Kiniafa outlines how the money will be spent and how the state-owned entity has managed the challenges of the past year.
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In brief: Papua New Guinea’s Porgera and Wafi-Golpu mines to be prioritised and other business news

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

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

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

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

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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