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.
PNG Ports Corporation
Two join NASFUND’s Board of Directors and PNG Ports announces a new Chief Operations Officer.
Goldman Sachs bans all-male IPOs, coronavirus hits international shipping and how SMEs can market better.
Business Advantage International announces a new Senior Editor, Comrade Trustee Services welcomes a CEO, and PNG Ports Corporation appoints a Managing Director.
Kumul Consolidated Holdings, the holding company for Papua New Guinea’s state-owned enterprises (SOEs), has released its Year in Review. It says that 2018 has been ‘particularly difficult and challenging’ for the country’s SOEs and that a fundamental change is necessary if the enterprises are to expand.
A second major port in Papua New Guinea is expected to be completed in late 2019, says PNG Ports Corporation Managing Director, Stanley Alphonse. He tells Business Advantage PNG the K350 million project will include the greater Lae Tidal Basin Project and the Huon Industrial Park development in Lae.
Oil Search Directors re-elected, Managing Director at PNG Ports, confirmation of Managing Director of the PNG Forest Authority, new French Overseas Territories Minister
Two Chinese companies to build Ramu 2 power project, 95 per cent of logs sent to China, and Lae business leaders welcome ADB loan for key roads. Your weekly digest of the latest business news.
Bank South Pacific explores secondary listing on Australian Exchange, Highlands Pacific considers selling stake in Frieda River project and strategy to counter coffee berry borer due this week. Your weekly digest of the latest business news.
Work on Lae’s Huon Industrial Park has been accelerated while stage two of the Lae Port development is on track to start by mid-2016, says Stanley Alphonse, the CEO of PNG Ports Corporation.