In what may be the most significant innovation in Papua New Guinea’s capital markets since the establishment of a local stock exchange, the PNGX has announced Securities Commission approval for its new Debt Market Rules. The approval paves the way for the establishment of a corporate bond market.
Free trade agreement with China to be explored, Papua New Guinea’s Immigration and Citizenship Authority reactivates instant visas, and Port Moresby to get new tower development. The business news today.
Kumul Petroleum Holdings Limited fills in Chief Operating Officer position and Santos announces People & Culture Partner.
New Senior Partner at KPMG PNG and an inaugural Executive Director at the American Chamber of Commerce Coral Sea.
Nadzab Airport in Lae reopens after ‘unexpected’ shut-down, PNGX get reconfirmation to operate as stock market, and spike in coffee prices benefits 2000 farmers in Morobe Province. The business news you need.
Senior executive rejoins Solomon Airlines.
If its two mining ‘mega projects’ – Wafi-Golpu and Frieda River – are delivered on schedule, Papua New Guinea will become one of the world’s major copper producers over the next thirty years, according to Jerry Garry, Managing Director of the country’s Mineral Resources Authority. However, he warns, PNG’s dependence on mining exports looks set to come to an end shortly thereafter.
Papua LNG project to inject billions to Papua New Guinea’s economy, Prime Minister Marape welcomes Fortescue Future Industries representative to Port Moresby and the Pacific Marine Industrial Zone Project (PMIZ) will be rebranded.
Papua New Guinea’s new National Executive Council, or Cabinet, has now been sworn in. Here are the newly appointed ministers.
Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.