Papua New Guinea Prime Minister James Marape makes his first provincial visit, the Attorney General Davis Steven moves to establish an Independent Commission Against Corruption (ICAC) and companies that don’t comply with the Independent Consumer and Competition Commission (Amendment) Act could face automatic penalties. Your weekly digest of business news.
Total expects new PNG Government to honour gas agreement, SP Brewery signs a MoU to turn brewing waste into fertiliser and Air Niugini may take over one of Cathay Pacific’s routes. Your weekly digest of business news.
Kumul Petroleum Holdings and MRL Capital sign Lihir energy MOU, the CEO of Bank South Pacific sees ‘positive signs’ in Papua New Guinea’s economy and CPL’s new warehouse rises from the ashes. Your weekly digest of business news.
Primer Minister Peter O’Neill travelled to China to attend a business forum, five Members of Parliament resigned and Oil Search outlined the terms of agreement of Papua LNG. Your weekly digest of business news.
Grant Thomas explores Lissenung Island Resort, where diving, snorkelling and surfing are part of the daily routine. The resort is also undertaking important fieldwork to save Papua New Guinea’s endangered turtles.
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.
Kumul Consolidated Holdings, the holding company for Papua New Guinea’s state-owned enterprises (SOEs), has released its Year in Review. It says that 2018 has been ‘particularly difficult and challenging’ for the country’s SOEs and that a fundamental change is necessary if the enterprises are to expand.
What’s behind Air Niugini Cargo Limited’s recently implemented 50 per cent discount on a range of freight exports? ANCL’s General Manager, Gus Kraus, explains the thinking behind the move to Business Advantage PNG.
New MDs at Air Niugini and Kumul Telikom, a board change at Highlands Pacific.
Kina expected to weaken, Total aims for transparency, and Air Niugini defers planned flights to Shanghai. A weekly digest of the latest business news.