Prime Minister James Marape has made a pledge to raise Papua New Guinea’s cash revenue to K15 billion over the next two years, Kumul Consolidated Holdings falls K400 million short from what was budgeted for 2019, and a reconciliation ceremony is proposed between the National Government and the Autonomous Region of Bougainville.
In brief: Papua New Guinea’s Prime Minister pledges to raise the country’s cash revenue to K15 billion
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18 Sep 2019 by Leave a Comment
In brief: Papua New Guinea team in Singapore to discuss Papua LNG and other business stories
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19 Aug 2019 by 1 Comment
Minister for Petroleum Kerenga Kua is in Singapore to discuss the Papua LNG agreement, Papua New Guinea’s Kumul Consolidated Holdings announces its profits for the first half of 2019, and the United Nations Development Program Pacific Office opens the first Accelerator Lab in the region. Your weekly digest of business news.
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.
Papua New Guinea’s state-owned enterprises reveal mixed financial results
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17 Jul 2019 by Leave a Comment
Kumul Consolidated Holdings has released the 2018—and 2019 first quarter—financial results for Papua New Guinea’s state-owned enterprises. Business Advantage PNG investigates.
‘Fundamental change’ needed with Papua New Guinea state-owned enterprises
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11 Dec 2018 by 3 Comments
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
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25 Sep 2018 by Leave a Comment
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: Solar Solutions, Kumul Agriculture Limited
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11 Sep 2018 by Leave a Comment
A new Chairman for Solar Solutions, and a new board for KAL
People moves: Steamships, Air Niugini, Kumul Consolidated Holdings, PNG Post, PNG Power
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28 Aug 2018 by Leave a Comment
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
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6 Feb 2018 by 5 Comments
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
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30 Jan 2018 by Leave a Comment
A new National Sales Manager at Fimali, an acting company secretary at Rawson, and a chief operating officer at KCH.
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