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.
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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.
KPMG announces changes in leadership roles, Air Niugini has a new Acting GM and inaugural Trade Commissioner for the Pacific appointed.
The Ramu 2 hydro power station looks to be on track, Mining Minister says there is interest again in Solwara 1 deep sea mining project and the IMF makes sizeable contribution to Papua New Guinea’s economy. Your business news today.
With strong production numbers and promising drilling results, the Ramu nickel-cobalt mine in Papua New Guinea is heading for a bright future – and expansion is on the cards. Business Advantage PNG talks to its two venture partners as the mine celebrates 10 years of production.
Papua New Guinean employers are bracing for a fierce battle to attract and retain skilled workers.
Kumul Petroleum signs deal to build fabrication facility, Nasfund announces net profit and feasibility study for the Mongi hydroelectric project. Your business news in summary.
BSP Financial Group welcomes new Chair, Ok Tedi Mining names Acting Chief Executive and Digicel Pacific announces new CEO for Digicel Samoa.