In Brief: Papua New Guinea’s government reaffirms its commitment to the development of the petroleum and energy sectors and other business stories
News
The new Chief Executive of Air Niugini, Alan Milne, says that after two difficult years for the airline, the prospects are looking much better. He says he is adopting a ‘four pillar’ program to transform the carrier.
Papua New Guinea’s Prime Minister Peter O’Neill has announced a date for the signing of the gas agreement for the US$13 billion Papua LNG project. Opening the PNG Petroleum and Energy Summit in Port Moresby yesterday, he also outlined some of the key elements the agreement will contain.
Post-Brexit deal signed with Papua New Guinea and Fiji, new digital identity scheme and upgrades to Tari Airport in Hela. Your weekly digest of the latest business news.
Click TV’s new Board Advisor and a new Exploration Manager at Kingston Resources.
Drilling new targets and locating starter pits are the key focus for junior miner Kingston Resources, as it seeks to revive gold mining on Papua New Guinea’s Misima Island. Managing Director Andrew Corbett reveals the company’s plans to Business Advantage PNG.
The proposed Foreign Investment Regulatory Authority Act has been withdrawn, according to Papua New Guinea’s two largest Chambers of Commerce and Industry. They say that the Minister for Commerce & Industry, Wera Mori, would instead look to amend the Investment Promotion Act.
In Brief: Funding for the Gulf to Southern Highlands Highway missing link and other business stories
The Gulf to Southern Highlands Highway missing link is set to be funded under the new tax credit scheme, K56 million in royalties for forest landowners, and Geopacific Resources announces the acquisition of the remaining seven per cent of JV with Kula Gold. Your weekly digest of the latest business news.
PNG Air Limited designates a new Company Secretary and Airswift announces its Country Director for Papua New Guinea.
New member at Kina Asset Management Limited’s board and Westpac Papua New Guinea appoints a new Chief Executive.