Two new board members for Puma Energy, a new CEO for Digicel PNG and Indochine Mining company secretary departs.
News
The Port Moresby Stock Exchange will lose a major member next week, with the de-listing of New Britain Palm Oil (NBPOL). Meanwhile, another listed stock, Indochine Mining, has gone into voluntary administration.
Companies and dealers ‘adversely affected’ foreign exchange availability in Papua New Guinea, Bougainville Government considers large-scale mining, and Asian Development Bank commits K1.7 billion to PNG. Your weekly digest of the latest business news.
Papua New Guinea’s potential as a market for ice cream will be put to the test when Laga Industries completes a significant expansion of its Gala manufacturing facilities in Lae later this year.
PNG Bank governor says shortage of forex affecting businesses, interest rates comparatively ‘very high’, and ANZ identifies small inflation rise. Your weekly digest of the latest business news.
Search for new CEO at New Britain Palm Oil
The President of the Australia–Papua New Guinea Business Council says his members have expressed concern to Prime Minister they are unable to source enough foreign currency.
New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.
Papua New Guinea’s central bank has moved to stop offshore foreign banks, which don’t operate in PNG, from foreign exchange trading in the Kina.
A new MD for Ok Tedi Mining, appointees to the new PNG Rubber Board, an acting CEO for the PNGRFL and others appointments