Cabinet re-appoints CEO of NICTA, a new CEO for ANZ Bank, and Finance Dept Secretary confirmed
News
While the number of work permits Papua New Guinea has issued to Pacific Islanders has quadrupled in the last ten years, Pacific workers still make up just one per cent of the total foreign work force in the Pacific’s largest economy. But that may be about to change.
As Papua New Guinea’s business community continues to face foreign exchange shortages, ANZ Bank has called for a relaxation of the enforced trading band for the kina. Meanwhile, analysts say the kina is facing further downward pressure from the US dollar.
Woodside talks to National Petroleum Company, ratings agency expects oil prices to fall further, and illegal logging continues, says Oro Governor, Your weekly digest of the latest business news.
Enerpac appoints a Country Manager, a new Chairman of Tari Provincial Hospital
A shift in priorities continues at the University of Papua New Guinea (UPNG) with the recently named PNG School of Business and Public Policy established to improve the performance of the public service sector in the country as part of the Pacific Leadership and Governance Precinct.
Redundancies at Petromin Holdings ahead of restructure, LNG price slump may go further, and Santos confident its share price will rise. Your weekly digest of the latest business news.
Australia upgrades Pacific Minister position.
Major road works in Papua New Guinea are now outsourced to the private sector, under a design-and-build model. The result, says the Secretary of the Works Department David Wereh, is improved performance.
Analysts predict Woodside will up its takeover offer for Oil Search, Business leader estimates K1.5 billion in foreign currency waiting for processing, and NZ re-opens its trade office in Port Moresby. Your weekly digest of the latest business news.