To Papua New Guineans, the mumu is defined as ‘pit cooking’; to Hilton Port Moresby Executive Chef Neil Abrahams, the social aspect of the mumu is a key part of this style of eating and the inspiration behind the hotel’s Mumu Restaurant.
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With increasing numbers of COVID-19 cases in Papua New Guinea, Prime Minister James Marape says it’s ‘no time to play politics’ and has adjourned Parliament until 10 August.
Link PNG reapplies to get a shareholding in PNG Air, Air Niugini announces new requirements for international travel and BSP launches new cashless product. The business news in brief.
ASX- and PNGX-listed Kina Bank is leading the way in Papua New Guinea’s digital revolution. CEO Greg Pawson outlines the opportunities for business, government and consumers.
Rohan Fox, Research Officer at the Development Policy Centre and former Lecturer at the University of Papua New Guinea, analyses PNG’s foreign exchange shortages and rationing, and explains why the problem doesn’t seem to be getting better.
NCSL talks about its plans to become an ebank, Papua New Guinea’s Treasurer, Ian Ling-Stuckey reveals potential second economic stimulus package for MSMEs and changes in taxation collection in Bougainville. The business news in brief.
New Non-executive Directors join the Teachers Savings and Loans Society (TISA) Community Finance Ltd.
International credit rating agency Moody’s has changed its outlook on the Government of Papua New Guinea’s B2 rating from ‘stable’ to ‘negative’. What’s behind the move and what does it mean?
The anticipated signing of a gas agreement for Pasca A, Papua New Guinea’s first undersea gas project, has stalled at the eleventh hour. Developer Twinza Oil says it will stand down its project team due to a last-minute State request it claims would render the project ‘unfinanceable’.
Papua New Guinea’s Tourism Promotion Authority reveals bleak outcome for 2020, Kumul Petroleum Holdings gets three petroleum retention licenses and new equity holders for PNG LNG. The business news in brief.