Twinza Oil (PNG) to progress Pasca LNG project, Papua New Guinea’s Prime Minister has said that a Supplementary Budget may be announced within the next few weeks, and the Coral Sea Cable project is nearing completion. Your weekly digest of business news.
Papua New Guinea Government names new Ministers, Kina and Newcrest get new COOs, Steamships appoints a director, new Singapore Honorary Consul-General, new head at Port Moresby General Hospital, and an addition to Bougainville Copper board.
Nine members of Papua New Guinea’s Parliament resigned from the People’s National of Congress, Bougainville Copper Limited said there is interest to revive the Panguna mine, and rice harvesting commenced at Rangiampun in Umi. Your weekly digest of business news.
With regulatory approval finally received for ANZ’s sale of its retail banking assets in Papua New Guinea, ANZ PNG’s Chief Executive Officer Mark Baker talks to Business Advantage PNG about the bank’s future plans in the country.
Kina Bank acquisition of ANZ assets gets regulatory approval, NASFUND members paid K8.5 million in interest and Nautilus to be delisted. Your weekly digest of business news.
Kina Bank’s vision is to be the country’s leading digital bank, CEO Greg Pawson tells Business Advantage PNG. He says the bank is preparing to take over ANZ PNG’s retail, commercial and SME businesses.
Ramu NiCo announces expansion, Kina Bank celebrates innovation award, and Frieda River Project Accord signed. A weekly digest of the latest business news.
Trump pulls out of APEC, China Navigation knocked back, and PNG on the verge of entering international capital markets. Your digest of the latest business news.
The sluggish Papua New Guinea economy is triggering a bout of rationalisation, two of the recent examples being in the banking and manufacturing sectors.
Steamships sells Laga to Paradise, Credit Corp profit falls, and Papua Niugini Freezers begins exports to Solomon Islands. Your weekly digest of the latest business news.