In brief: BSP refutes allegations of breaches to anti-money laundering laws and other business stories

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BSP Financial Group Limited responds to accusations, Air Niugini temporarily suspends flights to Cairns and Memorandum of Understanding signed to boost green finance initiatives.

In brief: PNG Tourism Promotion Authority reveals exit survey numbers and other business stories

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Papua New Guinea’s Tourism Promotion Authority reveals bleak outcome for 2020, Kumul Petroleum Holdings gets three petroleum retention licenses and new equity holders for PNG LNG. The business news in brief.

In brief: Ok Tedi Mining suspends operations and other business stories

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COVID-19 forces Papua New Guinea’s Ok Tedi Mining to shut operations, PNG Biomass Project decision due in later this year and Mendi Airport completion expected in October. Your business news summarised.

In brief: Papua New Guinea to receive K1 billion loan from Japan and other business stories

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Japan helps Papua New Guinea with a generous loan, the Internal Revenue Commission launches its annual work plan and Prime Minister Marape visits Jiwaka Province.

COVID-19 impact on Papua New Guinea superannuation funds

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A study of retirement funds in the Pacific suggests Papua New Guinea’s superannuation funds should diversify their investments more. It also says COVID-19 has had an effect on the funds’ liquidity.

People moves: Nasfund, Mayur Resources, PNG, Tourism Promotion Authority, Barrick Gold

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Moves at Nasfund, Mayur Resources announces Non-Executive Director, Papua New Guinea Tourism Promotion Authority elects new CEO and Barrick Gold welcomes a new member to its board.

People moves: Papua New Guinea Olympic Committee, Femili PNG, Nasfund, Oceania Customs Organisation

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The Papua New Guinea Olympic Committee welcomes a Marketing and Events Coordinator, Femili PNG announces its Inaugural Patron,the National Superannuation Fund gets two Papua New Guinean stars for the role of Joint Chief Investment Officer and the Oceania Customs Organisation gets a new Enforcement Officer.

People moves: K92 Mining, Telikom PNG, NCSL

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K92 Mining welcomes a new board member, Telikom PNG appoints a new Acting CEO and NCSL’s Board of Directors gets a Deputy Chairman.

In brief: Papua New Guinea confirms six new cases of COVID-19 and other business stories

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Papua New Guinea’s COVID-19 cases on the rise, Twinza Oil commences negotiations on Pasca-A, and K135 million for agriculture. The business news you need to kickstart your week.

People moves: NASFUND, PNG Ports

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Two join NASFUND’s Board of Directors and PNG Ports announces a new Chief Operations Officer.