More people are now eligible to get the COVID-19 jab in Papua New Guinea, but there’s still a lot of hesitancy and the business community could help spread the message that ‘no one is safe until everyone is safe.’
News
The Ramu nickel mine in Papua New Guinea’s Madang province had strong first quarter production, according to Nickel 28, the junior partner in the joint venture.
Ok Tedi Mining rolls out its vaccination program, landowners call for the government to move forward Wafi-Golpu and Fishing Industry Association proposes discounts on fishing days. The business news in brief.
PNG Air appoints two key positions, the National and Supreme Court welcome five new judges and Mayur Resources Limited announces changes to its board.
Recent developments in the Papua New Guinea’s resources sector should boost confidence, according to international ratings agency Fitch Solutions. Its latest outlook on the country, however, warns of ‘policy uncertainty and ongoing risks to social stability’.
A couple of weeks ago, Business Advantage International hosted a small, high-level gathering of PNG-focused business leaders in Sydney, Australia.
The future of one of Papua New Guinea’s highest profile green energy projects, PNG Biomass, appears under a cloud following the move by state-owned utility PNG Power to potentially cancel the power purchase agreement it has with the project.
St Barbara has suspended operations of its Simberi project until it is safe to restart, Air Niugini relaxes COVID-19 restrictions for national flights, and global shortage of storage containers might impact Papua New Guinea’s trade. The business news in brief.
South Pacific Brewery elects a new Chairman, plus a new GM for Airways Residences.
Steamships partners with Emstret Holdings to help SMEs deliver its products, NDB still to loan out to SMEs, and K1 million for the honey sector. The business news in brief.