Newcrest Mining has appointed Francesca Lee as General Counsel & Company Secretary.
News
A new chair at PNG Power, a new CEO of the National Fisheries Authority, and other appointments.
The Papua New Guinea Government plans to sell its 50% in Air Niugini, PNG Power calls for overseas power investors and tuna industry threatened. Your weekly digest of the week’s business news.
The O’Neill Government’s recent decision to cease visas on arrival for Australian citizens entering Papua New Guinea will have an impact on business, according to a Business Advantage PNG poll.
The Gulf Provincal government has set up a 50/50 partnership with the United States-based cargo transportation company, Teras America LLC, to build a port to service Papua New Guinea’s second LNG project and other industries.
A new, independent director at New Britain Palm Oil, two new executives at InterOil, and other appointments.
Microfinance has grown considerably in PNG in the past few years. Business Advantage PNG talks with Tony Westaway, Managing Director of Nationwide Microbank, about the transformative power of microfinance and the sector’s rapid growth.
The O’Neill Government to appeal a National Court ruling ordering Ok Tedi to suspend dumping, Fisheries Authority makes K10m available for small business, and Newcrest cash-flow looking positive. Your quick digest of the week’s business news.
The value of the Papua New Guinea’s currency, the kina, is expected to fall as much as ten per cent over the coming year, after stabilising for the last two months, according to Lead Pacific Economist at ANZ Bank, Daniel Wilson.
InterOil to begin eight new wells in Gulf Province, Lae business chamber calls for more fire services, and Bougainville prepares for referendum. Your quick digest of the week’s business news.