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.
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
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 Leave a 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.
In brief: Simberi mine suspends operations temporarily and other business stories
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31 May 2021 by Leave a Comment
St Barbara has suspended operations of its Simberi project until it is safe to restart, Air Niugini relaxes COVID-19 restrictions for national flights, and global shortage of storage containers might impact Papua New Guinea’s trade. The business news in brief.
Papua New Guinea’s Lae set to become Pacific hub
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19 Apr 2021 by Leave a Comment
Port operator International Container Terminals Services is looking to improve efficiency at Papua New Guinea’s ports, and opening the way for new business opportunities.
In brief: Chamber of Mines and Petroleum pledges to help Papua New Guinea with COVID-19 efforts and other business stories
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29 Mar 2021 by Leave a Comment
The PNG Chamber of Mines and Petroleum pledges to join help with COVID-19 efforts, news on the Simberi gold mine revised MOA and a new report highlights strategies to help the coffee industry. Your business news in brief.
People moves: NASFUND, PNG Ports
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17 Jun 2020 by Leave a Comment
Two join NASFUND’s Board of Directors and PNG Ports announces a new Chief Operations Officer.
Boardroom briefing: no more IPOs boys’ club, shipping index sinks, and digital marketing tricks
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12 Feb 2020 by Leave a Comment
Goldman Sachs bans all-male IPOs, coronavirus hits international shipping and how SMEs can market better.
People moves: Business Advantage International, Comrade Trustee Services, PNG Ports
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22 Jan 2020 by Leave a Comment
Business Advantage International announces a new Senior Editor, Comrade Trustee Services welcomes a CEO, and PNG Ports Corporation appoints a Managing Director.
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