The Bank of Papua New Guinea expects a ‘windfall’ from higher international commodity prices to alleviate some of the country’s foreign exchange shortages. However, anecdotal evidence suggests the forex situation is actually getting worse.
Foreign exchange shortages still biting business in Papua New Guinea
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27 Oct 2022 by 1 Comment
In brief: China to support Papua New Guinea’s Ihu Special Economic Zone and other business news
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8 Jun 2022 by Leave a Comment
China reaffirms its commitment to supporting the development of the Ihu Special Economic Zone, Vanimo Airport officially reopens, and Ok Tedi Mining to open a museum to highlight its history and legacy. The business news you need this week.
Rising oil price to impact Papua New Guinea, says Puma Energy Country Head
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3 Mar 2022 by Leave a Comment
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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6 Dec 2021 by Leave a Comment
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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26 Apr 2021 by Leave a Comment
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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14 Apr 2021 by Leave a Comment
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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17 Mar 2021 by Leave a Comment
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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25 May 2020 by Leave a Comment
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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20 Jan 2020 by Leave a Comment
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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23 Oct 2019 by Leave a Comment
The Central Provincial Health Authority announces its first Chairman and Puma Energy Ltd has a new Country General Manager.
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