Fisheries

New BSP Financial Group secretary, historic appointment for Pacific Islands FFA.

Outstanding foreign exchange orders almost K1.5 billion according to Bank of PNG, Newmont makes offer for Newcrest Mining, and progress on Porgera gold mine. Your business news digest.

Kumul Petroleum signs deal to build fabrication facility, Nasfund announces net profit and feasibility study for the Mongi hydroelectric project. Your business news in summary.

Steamships to open first Marriott-branded property in Papua New Guinea, exports of mud crabs to Singapore, and temporary disruptions at Lae port. Your business news in a nutshell.

Two brothers have teamed together to teach the new generation of Papua New Guineans traditional canoe skills.

Plans for a new gas-fired power plant in Hela, Digicel rejects tower sharing, and the IPA signs a memorandum of understanding with the Immigration and Citizenship Authority. The business news you need today.

Santos and Oil Search potential merger advances, Twinza Oil wants Pandora gas fields license announced before the Pasca A agreement, and funding for Pacific fisheries. PNG business news in brief.

BSP Financial Group Limited responds to accusations, Air Niugini temporarily suspends flights to Cairns and Memorandum of Understanding signed to boost green finance initiatives.

Ok Tedi Mining suspends flight to Australia after three miners tested positive to COVID-19, Papua New Guinea continues to battle surge in COVID cases and National Fisheries Authority signs agreement for Daru fishery.

Reports that a Chinese company has put forward a multibillion dollar plan to develop several areas in Western Province have highlighted the lack of investment in one of Papua New Guinea’s most neglected provinces.