‘Fundamental change’ needed with Papua New Guinea state-owned enterprises

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.

People moves: Kumul Consolidated Holdings, Waghi Mek (Coffee) Plantation, Terrain Tamer

Chairman and Director of Kumul Consolidated Holdings removed, an Acting Managing Director at Waghi Mek (Coffee) Plantation, and a new General Manager at Terrain Tamer

People moves: Steamships, Air Niugini, Kumul Consolidated Holdings, PNG Post, PNG Power

New director at Steamships, changes at Air Niugini, Kumul Consolidated Holdings, PNG Post, PNG Power

Five questions for PNG Power’s new Acting MD Carolyn Blacklock

Carolyn Blacklock has been appointed the new acting Managing Director of PNG Power. Business Advantage PNG talks to her about where the utility is headed.

People moves: Fimali, Rawson Oil and Gas, Kumul Consolidated Holdings

A new National Sales Manager at Fimali, an acting company secretary at Rawson, and a chief operating officer at KCH.

What can Papua New Guinea business look forward to in 2018?

As Papua New Guinea business gets back to work, Business Advantage PNG’s Andrew Wilkins looks at some of the issues coming up in 2018. With APEC coming to Port Moresby and a second LNG project in the offing, this is a year when PNG is going to be the subject of international attention.

In brief: Philippines company to operate Motukea and Lae ports, and other business stories

Philippines port operator wins 25-year contract to run key ports,  Westpac MD outlines reasons for foreign currency backlog, and domestic gas clause to be part of new LNG projects. Your weekly digest of the latest business news.

People moves: Kumul Consolidated Holdings, Digicel, K92 Mining, Capital Insurance Group, Nautilus Minerals, Association of Foresters of PNG

A new MD at Kumul Consolidated Holdings, Digicel appoints a new CEO, senior K92 Mining appointments, MD of Capital Insurance Group resigns, a director of Nautilus Minerals resigns and a new executive at the Association of Foresters of PNG

People moves: PNG Power, Kumul Consolidated Holdings, Allens, Cricket PNG

New board appointees at PNG Power and Kumul Consolidated Holdings, a Managing Associate appointment at Allens, and a new Chairperson at Cricket PNG.

In brief: BSP proposed ASX listing postponed, and other business stories

Bank South Pacific postpones its proposed listing on the ASX, Asian Development Bank Director predicts growth to rise in 2018, and K20 million to help fight coffee borer. Your weekly digest of the latest business news.