Rising oil price to impact Papua New Guinea, says Puma Energy Country Head

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The rising oil price will have a significant impact on Papua New Guinea this year, according to the Country Manager and Director for Puma Energy, Hulala Tokome.

In brief: new resources projects moving forward Prime Minister Marape tells resources industry and other business stories

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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.

In brief: Link PNG and PNG Air seek to join forces and other business stories

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Link PNG reapplies to get a shareholding in PNG Air, Air Niugini announces new requirements for international travel and BSP launches new cashless product. The business news in brief.

Five questions for Puma Energy’s Hulala Tokome

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Puma Energy is Papua New Guinea’s largest fuel importer and operates the country’s only oil refinery. In this exclusive interview, Puma’s PNG Country Manager Hulala Tokome reveals how it is changing its business model in PNG.

In brief: leading PNG companies announce 2020 financial results and other business stories

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Credit Corporation, NGIP Agmark and Kina Asset Management release their 2020 financial year results. The latest business news in brief.

In brief: Kumul Submarine Cable System completes connections and other business stories

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The Kumul Submarine Cable lands in Bougainville , the Pasca A gas project is on its way to becoming the first offshore field development in PNG and the PNG Tourism Promotion Authority reveals the impact COVID-19 on the tourism industry. The business news your need to kickstart your week.

In brief: Porgera Landowners Association presents a petition to renew mining lease and other business stories

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The future could look bright for Porgera gold mine, Western Province announces its position on P’nyang, and Papua New Guinea’s Treasurer says non-resource growth for 2020 is projected at 3.3 per cent. The business news you need to kick-start your week.

People moves: Central Provincial Health Authority, Puma Energy

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The Central Provincial Health Authority announces its first Chairman and Puma Energy Ltd has a new Country General Manager.

In brief: Newcrest announces results and comments on Wafi-Golpu and other business stories

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Newcrest unveils its 2019 results and comments on Wafi-Golpu, Kingston Resources to increase exploration at Misima and the Investment Promotion Authority revisits K1,000 penalty. Your business digest of business news.

In brief: Marape pledges support for MSMEs in Papua New Guinea and other business stories

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Prime Minister Marape pledges to stimulate the growth of the MSME sector, K2 billion budget shortfall, and Eda Ranu regains control the Mt Eriama sewage and water treatment plant. Your weekly digest of business news.