NICTA clears path for the acquisition of Digicel PNG by Australian telco giant Telstra, Barrick and Papua New Guinea sign new Porgera shareholders’ agreement, and SP Brewery celebrates 70 years in Papua New Guinea. Your round-up of recent business news.
News
With the reporting season for the 2021 financial year in Papua New Guinea over, which of Papua New Guinea’s listed companies performed the best last year? Analysis from stockbroker JMP Securities tells us, and also gives us a unique view on how the market has performed over the past year.
Nasfund reports record profits and all-time highs in its annual report, Nambawan Super launches two new products and announces positive results for 2021, and the ICCC revokes its authorisation for PNG Air–Link PNG deal. The business news you need today.
Nambawan Super announces changes to its Board, new board member at Newcrest Mining, and the Pacific Community (SPC) welcomes Principal Strategic Lead – Pacific Women.
New Chief Financial Officer at Credit Corporation announced and changes at PNG Air.
The World Bank has released its economic update on Papua New Guinea, superannuation funds reject bank levy, and SNT Chair says Porgera will reopen next month. The business news you need today.
The rising oil price will have a significant impact on Papua New Guinea this year, according to the Country Manager and Director for Puma Energy, Hulala Tokome.
Lightspeed PNG announces new Country General Manager.
After over 42 years as finance company in Papua New Guinea, Credit Corporation (PNG) Ltd is planning to apply for a banking licence this year. CEO Danny Robinson explains why to Business Advantage PNG.
Papua New Guinea’s State Negotiation Team Chairman says Porgera mine could open in April and confirm the Team is also working on Wafi-Golpu, Air Niugini resumes in-flight catering and the Japanese Government donate funds for infrastructure projects. The news you need today.