Major changes at Bemobile as Vodafone steps in to take over, while Westpac MD and InterOil CEO announce departures.
News
PNG violence makes global headlines, dollar bond issue gains traction, Ian Kemish reflects on his time as High Commissioner and Changi Airport voted ‘the best’.
The Papua New Government is apparently exploring the option of a US dollar bond issue to help finance its investment in infrastructure, according to several financial market sources.
Mobile phone competition in Papua New Guinea and Solomon Islands is about to get tougher, after a deal which will see about US$250m (K550 million) in new funding for PNG’s second carrier, BeMobile, which will see it relaunched as Vodafone BeMobile.
The ownership structure of the Ok Tedi mine ‘had stood the test of time’ and there was ‘no good reason to change it,’ according to Chairman of Papua New Guinea Sustainable Development Program Limited (PNGSDP), Sir Mekere Morauta.
Port Moresby business leaders have welcomed a Cabinet decision to spend more than K700m (US$320m) on six major road projects for the National Capital District.
Radio Australia on the Papua New Guinea Sustainable Development Program debate, a call for closer pacific ties, and why Sasol is pulling out of Papua New Guinea …
A new CEO announced for BSP, Bougainville Copper board changes and a new divisional manager at K K Kingston.
Airlines PNG says it will concentrate on improving its domestic services, after ending a code-sharing agreement with Virgin Australia on the Port Moresby to Brisbane route.
Petromin’s CEO resigns and a new economist joins AusAid