Departures at Vodafone PNG, Oilmin Field Services adds a member to its board and new face at Pacific Balanced Fund.
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People moves: Vodafone PNG, Oilmin Field Services, Pacific Balanced Fund
7 Jun 2023 by Leave a Comment
News
Visiting Papua New Guinea regularly for business just got easier and cheaper
6 Jun 2023 by Leave a Comment
Changes to the way visas and work permits are managed by PNG's Immigration and Citizenship Authority are expected to accelerate processing times and reduce costs associated with travelling to PNG.
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In brief: Papua LNG spending to help revive forex market and other business stories
5 Jun 2023 by Leave a Comment
Papua LNG spending to help restore Papua New Guinea's foreign exchange market, Bank of China opens representative office in Port Moresby and New Porgera clarifies future payments to Barrick.
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Pacific Games to fast-track Solomon Islands’ economic recovery
31 May 2023 by Leave a Comment
The Solomon Islands is on track to receive a major economic boost in the run up to the Pacific Games being hosted in the country in November and December this year.
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In brief: the Prime Minister of India visits Papua New Guinea and other business stories
24 May 2023 by Leave a Comment
Reduced internet costs could be expected this year, the Finschhafen District Hydropower Project advances and the Prime Minister of India visits Papua New Guinea to participate in forum.
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Rangeview Grocer: Port Moresby’s new ‘one-destination’ grocery shopping alternative
24 May 2023 by 1 Comment
Four-star yet affordable, Rangeview Grocer is the jewel within recently opened Rangeview Plaza in the heart of Waigani.
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Mega miner: Newcrest Mining finally agrees to tie the knot with Newmont
24 May 2023 by 1 Comment
There’s every likelihood that a takeover of Newcrest Mining by Newmont Corporation will be completed by the end of this year. But how will this affect Newcrest’s Papua New Guinea-based assets – the Lihir gold mine and the Wafi-Golpu project?
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People moves: ExxonMobil PNG, National Executive Council, Kina Asset Management
22 May 2023 by Leave a Comment
ExxonMobil announces key changes to its management team, the Minister for Foreign Affairs steps down, and Kina Asset Management appoints Acting Chairman.
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New forex strategy promises gradual return to a floating currency in Papua New Guinea: IMF
9 May 2023 by Leave a Comment
The recent decision by the International Monetary Fund (IMF) to approve US$918 million (K3.2 billion) in new funding to Papua New Guinea is helping to fast-track a solution to the country’s chronic foreign exchange shortages. Business Advantage PNG spoke with Sohrab Rafiq, the IMF’s new PNG representative, to learn more.
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People moves: Niusky Pacific, NAC, BSP, Chamber of Mines and Petroleum, Pacific Re, Kina Bank
9 May 2023 by Leave a Comment
Niusky Pacific announces Acting Chief Executive Officer, the National Airports Corporation welcomes Acting Managing Director, BSP Financial Group appoints new Group Chief Operating Officer, the Chamber of Mines and Petroleum confirms council members for the new term, Pacific Re farewells Chief Executive Officer, and a board change at Kina Bank.
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