Before he handed over the baton to incoming CEO Rajeev Sharma last month, Nasfund’s long-serving CEO Ian Tarutia, spoke to Business Advantage PNG about his time in charge of Papua New Guinea’s largest private sector superannuation fund – and where PNG’s economy might go from here.
In brief: Kumul Petroleum signs deal to build fabrication facility and other business stories
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Kumul Petroleum signs deal to build fabrication facility, Nasfund announces net profit and feasibility study for the Mongi hydroelectric project. Your business news in summary.
People Moves: Nasfund, Newcrest Mining, ANZ Bank, NAC, Vodafone, East West Transport, BAPNG, PNG Air
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New CEOs for Nasfund and ANZ Bank, Newcrest CEO retires, changes at National Airports Corporation, new GM for East West Transport and new marketing head at Vodafone PNG and
People moves: Nasfund
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Nasfund announces changes to its board.
In brief: Papua New Guinea’s economy returns to growth and other business stories
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The World Bank forecasts positive economic growth for Papua New Guinea, Trukai Industries gets ISO recertification. and new seafood holding and distribution facility to open in PNG. The business news you need.
In brief: Official date for the return of the writs amended in Papua New Guinea and other business stories
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Official date for the return of the writs extended in National Elections, Nasfund boss announces intention to retire, and the ‘super tax’ makes it to the Supreme Court. The business news you need today.
Opinion: Papua New Guinea’s Nasfund 20 years on
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Nasfund’s Chief Executive Officer, Ian A Tarutia, reflects on the superannuation fund’s journey and how it has impacted Papua New Guinea.
In brief: Pacific nations decline signing economic and security deal with China & other news
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Pacific nations, including Papua New Guinea, have declined signing a deal with China, Papua New Guinea Customs expects losses of K200 million and Ihu SEZ commences second phase and gathers interest from several countries. The business news your need.
Papua New Guinea’s property developers join forces
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Papua New Guinea’s major property developers and investors recently banded together to create the PNG Property Developers Association. Deputy Chairman Rupert Bray explains the reasons behind the move to Business Advantage PNG.
In brief: record profits for Nasfund despite challenging year in Papua New Guinea
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Nasfund reports record profits and all-time highs in its annual report, Nambawan Super launches two new products and announces positive results for 2021, and the ICCC revokes its authorisation for PNG Air–Link PNG deal. The business news you need today.
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