Kina Securities Ltd announces a new Non-Executive Director, Bank South Pacific (BSP) welcomes a new Director, Oil Search appoints a Communication Manager and Newcrest Mining welcomes new external affairs executive.
News
After a month of political jousting, the Marape government yesterday survived an Opposition challenge in Papua New Guinea’s Parliament and has apparently legally passed the 2021 National Budget.
In a move which has major implications for Papua New Guinea’s governance and national budget, the Supreme Court has ruled that the sitting of Parliament of 17 November was unconstitutional and invalid. It has ordered Parliament resume next Monday 14 December.
The prospects for the prices of metals Papua New Guinea exports are mostly positive, reports David James from the recent International Mining and Resources Conference.
The largest bank in Papua New Guinea, Bank South Pacific, announces changes to its team and Harmony Gold appoints new General Manager for Hidden Valley Mine.
Kina Bank has consolidated its position as Papua New Guinea’s second largest bank, and also taken a first step towards becoming a regional bank, by acquiring the assets of Westpac in Papua New Guinea and Fiji.
Supreme Court to make ruling, Telikom PNG cuts fixed-line call services, and a Total delegation readies to talk Papua LNG. The business news you need to kickstart your week.
JMP Securities has acquired Bank South Pacific’s stockbroking business in Papua New Guinea. Co-founder and Managing Director Lars Mortensen tells Business Advantage PNG he sees great opportunity for growth.
Oil Search CFO designate departs, new legal counsel at Steamships, new CFO at Nambawan Super, new Deputy Director at Abt Associates.
Just when you thought 2020 couldn’t surprise us any more, Papua New Guinea’s politicians delivered a November parliamentary session to remember.