New manager for PacTow, PNG Ports has new CEO, an intended move for Steamships and a new director of the board for PNG Air Ltd.
People moves: PNG Institute of Directors, PNG Ports Ltd, City Pharmacy Ltd, Ashurst, BSP and more
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21 May 2024 by Leave a Comment
New CEOs for PNG Institute of Directors and PNG Ports Ltd, key changes at City Pharmacy Ltd, a new board member for BSP and a new partner at Ashurst.
Papua New Guinea’s ports anticipate lift in freight volumes
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2 May 2024 by Leave a Comment
After a challenging 2023, Papua New Guinea’s port and road transport operators are preparing for a significant recovery in demand this year.
More capacity, more efficiency: Papua New Guinea’s ports get a makeover
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1 Apr 2023 by Leave a Comment
Freight volumes into PNG’s two major international ports, Motukea and Lae, were up substantially in 2022. New resources projects and transformative investments look set to drive further expansion.
People moves: PNG Ports, Credit Corporation PNG, Mayur Resources, Kacific
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21 Sep 2022 by Leave a Comment
Acting CEO appointed at PNG Ports, new Chairman for Credit Corporation PNG, Mayur Resources Limited welcomes new Resident Director, and Kacific appoints Managing Director of the Pacific.
Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference
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24 Aug 2022 by Leave a Comment
Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.
In brief: Papua New Guinea’s foreign exchange reserves up and other business stories
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27 Jan 2022 by Leave a Comment
Head of bank comments on foreign exchange improvement at the end of last year, alluvial mining reserved for Papua New Guineans. and Santos reports record profits. The business news you need today.
The shipping forecast: the vision for expanding Papua New Guinea’s ports
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26 Jan 2022 by 1 Comment
This week saw the announcement of AUD$580 million (K1.45 billion) in financing support from Australia for Papua New Guinea’s ports. PNG Ports’ Managing Director Fego Ota Kiniafa outlines how the money will be spent and how the state-owned entity has managed the challenges of the past year.
In brief: Papua New Guinea signs agreements to build refinery and mint facility and other business stories
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3 Nov 2021 by 1 Comment
A project to build a refinery and mint facility in Port Moresby could put Papua New Guinea in the ‘world gold map’, Bougainville to receive K50 million electricity support package, and new agribusiness development in Western Province. The business news you need today.
In brief: Papua New Guinea SOEs’ tax debt close to K700 million and other business stories
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4 Aug 2021 by 1 Comment
The Internal Revenue Commission’s potential plans for state-owned enterprises debt to be repaid, Fiji welcomes Kina Bank, and Link PNG’s proposed acquisition of PNG Air rejected again. The business news you need to know today.
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