Business-as-usual: Webuild is Lombrum Naval Base’s new head contractor

The K146 million redevelopment of Lombrum Naval Base in Manus Province is one of the significant infrastructure projects recently acquired by Italy’s Webuild for A$39 million (K94.3 million), following mounting financial problems confronting Australian engineering and construction group, Clough.
Read More

In brief: Papua New Guinea’s banking sector gets ready for more competition and other business stories

Central Bank awards in principle banking licence to Credit Corporation, Japanese delegation visits proposed Special Economic Zone locations in Papua New Guinea, and Newmont's proposal to combine with Newcrest Mining. Your business news in summary.
Read More

In brief: Barrick urges Papua New Guinea to complete all processes to reopen Porgera and other business stories

Barrick's CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG's contribution to the State. Your business news in brief.
Read More
advertisment...

In brief: Barrick urges Papua New Guinea to complete all processes to reopen Porgera and other business stories

Barrick's CEO addresses delays in the reopening of Porgera mine, rice farming potentially back on the table after a visit from a Filipino delegation and PNG LNG's contribution to the State. Your business news in brief.
Read More

In brief: K92 gets lease extension for Kainantu mine and other business stories

Canadian company K92 Mining gets lease extension, PNG DataCo announces cables damaged after the September earthquake have been repaired and Kina Bank changes plans because of the raise in corporate tax. Your business news, curated and summarised.
Read More