In an interim determination, Papua New Guinea’s Independent Consumer and Competition Commission (ICCC) says it may not allow Kina Bank to buy Westpac’s remaining assets in the Pacific.
ICCC proposes to disallow Kina Bank’s acquisition of Westpac’s Pacific assets
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27 Jul 2021 by Leave a Comment
PNG Air’s board pursuing plan to keep Papua New Guinea’s second domestic airline ‘viable’
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19 May 2021 by Leave a Comment
It will take ‘the next two to three years’ before PNG Air, Papua New Guinea’s second domestic airline, can foresee a return back to pre-COVID levels of business activity, according to statement issued to Papua New Guinea’s stock exchange yesterday.
In brief: Link PNG and PNG Air seek to join forces and other business stories
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26 Apr 2021 by Leave a Comment
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.
In brief: Digicel possibly up for sale and other business stories
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20 Jan 2021 by Leave a Comment
COVID-19 tests now mandatory for incoming flights to Australia, Digicel’s Pacific operations could be up for sale and K92 organises a visit to the Kainantu mine.
People moves: Kumul Minerals Holdings, ICCC, Karoon Energy
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14 Oct 2020 by Leave a Comment
Kumul Minerals Holdings welcomes a Registered Mine Manager, Papua New Guinea’s Independent Consumer and Competition Commission reappoints CEO, and new appointment for Oil Search’s former head.
In brief: Oil Search back trading on PNGX and other business stories
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10 Jun 2020 by Leave a Comment
Oil Search back trading on PNGX, new wholesale internet prices coming and ambitions plans for PNG’s cocoa industry. Your latest summary of the business news you need to know.
In brief: African swine fever reaches Papua New Guinea and other business stories
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30 Mar 2020 by Leave a Comment
The Minister for Agriculture puts measures in place to stop the spread of the African swine fever and protect the pork industry, Prime Minister James Marape announces stimulus package and ICCC monitors shops to avoid price spikes in essential items. The business news you need to kickstart your week.
In brief: Prime Minister James Marape asks China for free trade deal and other business stories
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12 Aug 2019 by Leave a Comment
Prime Minister Marape asks China to consider a Free Trade Agreement with Pacific island countries; Kumul Consolidated Holding reveals construction plans for Port Moresby, and an agreement has been reached to recommence the Carbon Trading Project in East Sepik Province. Your weekly digest of business news.
In brief: State-owned enterprises told to lift performance and other business stories
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22 Jan 2019 by Leave a Comment
Papua New Guinea’s state-owned enterprises given pep-talk by Minister, new Credit Guarantee Corporation to be established and Ramu NiCo sales fall. Your weekly digest of the latest business news.
In brief: ANZ Bank expects kina to rise with next round of LNG projects, and other business stories
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25 Sep 2018 by Leave a Comment
ANZ Bank expects Kina to rise above $0.35 cents from early 2020, Ramu 2 hydropower project to commence next March, and security preparations for APEC step up. Your weekly digest of the latest business news.
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