BSP Financial Group announces Q1 results, Qantas Airways resumes flights to Papua New Guinea and Lole Mining gets mining lease for ambitious project in Central Province. The business news you need today.
In brief: ICCC approves Telstra’s acquisition of Digicel and other business stories
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Green light for Telstra’s acquisition in Papua New Guinea, Newcrest posts disappointing six month results and flights to Lihir Island resume. The business news your need this week.
In brief: new rules for international travellers visiting Papua New Guinea and other business stories
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Vaccination requirements and 60-day approvals for international travellers, PNG DataCo gets over K60 million worth of Telikom assets and Santos strikes deal with newly minted joint venture. The business news you need today.
In brief: Papua New Guinea’s foreign exchange reserves up and other business stories
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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.
‘Thumbs up’: Santos to list on Papua New Guinea’s stock exchange
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Santos is listing on Papua New Guinea’s stock exchange, the PNGX, after its merger with Oil Search received the necessary final approvals. It will immediately become the exchange’s largest listing, providing PNG’s capital markets with a timely boost.
Oil Search’s shareholders vote overwhelmingly to merge with Santos
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Oil Search’s shareholders have voted overwhelmingly to approve its merger with fellow petroleum and gas company Santos at a special shareholders meeting. With National Court and ICCC approval also received, the way is clear for the creation of a A$23 billion (K56.88 billion) resources company.
In brief: Santos submits application for Oil Search merger to ICCC and other business stories
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Santos and Oil Search merger now in the hands of the ICCC, DataCo reduces wholesale prices by 66 per cent for metro fibre connectivity services, and Treasurer Ling-Stuckey receives report on the Central Bank Act 2000 review. The business news you need to know.
Papua New Guinea’s P’nyang LNG project: what we know so far
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‘Heads of agreement’ have been reached for the ExxonMobil-led P’nyang gas project in Papua New Guinea’s Western Province. Business Advantage PNG looks at what this means for the project’s future development.
Time to grow: Papua New Guinea’s stock exchange looking to expand
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Crowdfunding and a new listed fund are in the pipeline at Papua New Guinea’s stock exchange, PNGX, as it looks at new ways of grow the country’s capital markets and encourage SMEs.
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