BSP RESPONDS TO REPORT
June 21, 2021The NationalBusiness THE Bank South Pacific Financial Group Ltd (BFL) is not of any transaction involving its correspondent banks in Australia being under review.The group was responding to…
POM COSTLY FOR BUSINESS: EXEC
June 22, 2021The NationalBusiness By DALE LUMATHE cost of operating a business in PNG is high because of law and order issues, an unreliable or inconsistent supply of power, water…
CASH SHORTAGE A SIGN OF RECESSION
“the worst is yet to come”. Peter O’Neill, MP He said current indicators of the economy included the unemployment rate with many people out of jobs, inflation going up and…
OTML LAUNCHES FM RADIO STATION
Ok Tedi Mining Limited (OTML) today launched its new FM Radio Station, Radio Fly.The launching marked the community radio station’s return to broadcasting after nearly sixyears when it was suspended…
BPNG GOING FOR REVIEW
TREASURER Ian Ling-Stuckey has announced arrangements for a review of the Bank of PNG, including the review team members and a terms of reference. The review, proposed in the 2020…
PNGEITI PRAISES OPEN DIALOGUE TO RE-OPEN POGERA MINE
PORT MORESBY 9th JUNE, 2021: The PNG Extractive Industries Transparency Initiative (PNGEITI) has praised the open stakeholder dialogue culminating in reaching consensus to re-open the Pogera Mine in Enga. Parties…
TWINZA AWAITING RESPONSE FROM PETROLEUM MINISTER
The project lead of the offshore Pasca Gas Project in Gulf, Twinza has announced it notes the comments regarding the Pasca A Gas Agreement made by the Petroleum Minister, the…
KUMUL PETROLEUM SECURES DEAL FOR ADDITIONAL 7% FREE CARRIED EQUITY IN LANDMARK DEAL WITH TOTAL SE
Kumul Petroleum Holdings Limited, Papua New Guinea’s national oil and gas company, announced today an increase in its aggregate equity in future joint exploration projects with Total SE following talks…
K92 MINING ANNOUNCES RESUMPTION OF EXPATRIATE FLY-IN FLY-OUT TRAVEL BETWEEN PAPUA NEW GUINEA AND AUSTRALIA
ANCOUVER, British Columbia, May 10, 2021 (GLOBE NEWSWIRE) — K92 Mining Inc . (“ K92 ” or the “ Company ”) (TSX : KNT; OTCQX : KNTNF) is pleased to…
THE SOUTH PACIFIC’S LARGEST BANK ADMITTED TO AUSTRALIA’S ASX
PNGX listed BSP Financial Group Limited (BSP) has successfully joined the Australian Securities Exchange. BSP’s dual-listing will open up the company’s register to Australian investors and boost the liquidity of…