Port Moresby load shedding after shortfall in generation capacity, NRL rights deal kicks Telikom’s purchase of EMTV into touch, Eastern Highlands coffee producers may switch to robusta. Your weekly digest of the latest business news.
Mineral Resources Development Company (MRDC)
Treasury says Deficit rises to 9.4% of GDP, foreign advisers ban, and parliament passes Sovereign Wealth Fund bill. Your weekly digest of the latest business news.
Share buyback and recapitalisation at Airlines PNG, lucrative tuna deal signed with United States, and Digicel in talks over buying shares in EMTV. Your weekly digest of the latest business news.
A new board member at Kina Petroleum, a new chairman of the Mineral Resources Development Corp., and other new appointments.
Papua New Guinea’s Prime Minister, Peter O’Neill, has confirmed the government will restructure the country’s interests in oil, gas and mining resources into two separate mining and petroleum companies. All other state-owned enterprises will be absorbed into a third holding company.