Minister for State Enterprises Sasindran Muthuvel has revealed his plans to reform Papua New Guinean’s under-capitalised state utilities and telecommunications businesses. The future could involve partial privatisation, he says.
Water PNG
‘First past the post’ voting system to return, expansion of Milne Bay airport, and rugby league now a K15m a year business. Your weekly digest of the latest business news.
BSP wants another US$100-200m foreign exchange injection, Air Niugini expects local business benefits from Rugby League games, and gold refinery to expand. Your weekly digest of the latest business news.
Duma to review SOEs before privatisation process, Santos reported to be selling PNG LNG stake, KCH receives study on proposed 1800MW hydro dam. Your weekly digest of the latest business news.
Pacific Marine Industrial Zone construction to start this month, personnel emoluments overruns costing PNG millions, and Newcrest Mining delivers profit. Your weekly digest of the latest business news.
A new CEO for the PNG Chamber of Commerce and Industry, a new Chief Operations Officer for Water PNG and changes to Cue Energy’s board.
A new Chief Operating officer at Water PNG, a new Country Manager for the World Bank and a new Managing Director for Mayur Resources
The O’Neill Government to appeal a National Court ruling ordering Ok Tedi to suspend dumping, Fisheries Authority makes K10m available for small business, and Newcrest cash-flow looking positive. Your quick digest of the week’s business news.
Ross Garnaut resigns from Ok Tedi
Two organisations worth knowing about if you’re looking to invest in Papua New Guinea.