RAJEEV SHARMA REPLACES IAN TARUTIA AS NASFUND CEO
Gedion Timothy The Nasfund Board today announced the appointment of Mr. Rajeev Sharma as its Chief Executive Officer replacing Ian…
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PNGEITI CALLS FOR TRANSPARENCY MECHANISMS TO BE BUILT INTO THE SWF ARRANGEMENT
Transparency mechanisms built into the topical Papua New Guinea Sovereign Wealth Fund (SFW) will enable an effective functioning…
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FEMALE LAWYER MADE BARRICK NIGUINI LTD PNG COUNTRY MANAGER
Barrick Niguini Ltd, operator of the giant Pogera Mine in Enga has named Ms Karo Maha-Lelai as Country…
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PNGLNG PARTNERS IMPLORED TO DISCLOSE NATURE OF TRANSACTION
An undertaking by state owned Kumul Petroleum Holdings Limited (KPHL) to increase its PNGLNG equity through a conditional…
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KUMUL OFFERS TO ACQUIRE 5% OF PNGLNG FROM SANTOS
Santos yesterday advised it has received a binding conditional offer from Kumul Petroleum Holdings Limited (Kumul) to acquire…
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NASFUND ANNOUNCES NEW BOARD CHAIR IN TAMZIN WARDLEY
The Nasfund Board today announced the appointment of Ms. Tamzin Wardley as the Fund’s new Chairperson from the…
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PNG ECONOMY RETURNS TO GROWTH BACKED BY HIGHER COMMODITY PRICES- 4 % EXPANSION PROJECTED
The Papua New Guinea economy is forecast to expand by four percent in 2022, up from one percent…
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FOREIGN EXCHANGE MARKET INFLOWS GAIN MOMENTUM IN THE JUNE QUARTER
“Foreign Exchange (FX) market inflows gained momentum in June Quarter. FX inflows are expected to seasonally taper in…
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NORMAL BANKING SERVICES AFTER SHORT DISRUPTIONS: BSP
Bank South Pacific (BSP) will provide normal banking services to its customers today after it closed all branches…
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US$ 200 MILLION FOREX RELIEF: THANKS TO WORLD BANK
A World Bank commitment of US $ 200 million to help the PNG Government address critical development priorities…
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