Results of Special Economic Zone (SEZ) Summit expected to help Papua New Guinea develop a new SEZ roadmap, Australia and New Zealand pledge their support to World Bank programs in the Pacific, and Bougainville Copper declares losses for 2022.
News
Leata Alaimoana Queensland’s recently-appointed Trade Commissioner to the the Pacific, speaks with Business Advantage PNG about plans to strengthen the Sunshine State’s economic presence with its closest neighbour, PNG.
Before he handed over the baton to incoming CEO Rajeev Sharma last month, Nasfund’s long-serving CEO Ian Tarutia, spoke to Business Advantage PNG about his time in charge of Papua New Guinea’s largest private sector superannuation fund – and where PNG’s economy might go from here.
Barrick Niugini and Kumul Mineral Holdings transfer Porgera special mining lease to New Porgera, Nadzab Airport expected to be completed by August and Geopacific Resources completes capital raising. Your business news in brief.
K92 Mining appoints new Chair, BSP Financial Group welcomes a new Director and board changes at Coppermoly.
A landmark memorandum of understanding between the PNG government and the Wafi-Golpu Joint Venture participants, Newcrest Mining and Harmony Gold, marks the key step towards the granting of a special mining lease for the Wafi-Golpu copper-gold mine, the application for which was first lodged back in August 2016.
Outstanding foreign exchange orders almost K1.5 billion according to Bank of PNG, Newmont makes offer for Newcrest Mining, and progress on Porgera gold mine. Your business news digest.
The K320 million Rangeview Plaza, which opened in the heart of Waigani in mid-2022, is rapidly earning a reputation as the destination where more locals want to meet, shop and dine safely.
Ok Tedi Mining and TISA Community Finance appoint new CEOs, new board members for PNGX and Credit Corporation PNG, while Geopacific Resources has a new interim CEO.
There is broad agreement that Papua New Guinea needs more competition in its banking sector, and several finance companies have flagged their desire to acquire banking licences. What happens next, however, is likely to depend on government action.