Nasfund’s Chief Executive Officer, Ian A Tarutia, reflects on the superannuation fund’s journey and how it has impacted Papua New Guinea.
NASFUND
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 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.
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.
Nasfund appoints two senior executives, new statutory Manager for CTSL, Ok Tedi Mining increases number of women in managing roles, and Adyton Resources announces changes.
New resources projects moving forward, Prime Minister Marape tells resources industry, Fortescue’s CEO visits the Purari hydropower project and the ADB welcomes changes to Kumul Consolidated Holdings legislation. The business news you need today.
Santos and Oil Search potential merger advances, Twinza Oil wants Pandora gas fields license announced before the Pasca A agreement, and funding for Pacific fisheries. PNG business news in brief.
The ICCC Commissioner issues warning about ‘complete chaos’ with the National Electricity Authority Act, Treasurer gives hope to potential overseas workers, and Nasfund opens a service centre in Maprik. The business news you need today.
The Kokoda Track Foundation names new Director, Kumul Telikom Holdings Ltd (KTHL) announces changes, Nasfund Contributors Savings and Loan Society welcomes a Chief Operating Officer, Save the Children Australia announces Pacific representative and the World Bank to welcome new Country Economist.
BSP Financial Group Limited responds to accusations, Air Niugini temporarily suspends flights to Cairns and Memorandum of Understanding signed to boost green finance initiatives.