Santos this week announced it had executed documentation to refinance its 2025 maturing syndicated bank loan facility. Santos holds leading shares in the PNGLNG Project…
Twinza’s Pasca A Gas Project on the cards to boost PNG Economy: PM satisfied with Progress
Prime Minister James Marape yesterday convened with State Lead Negotiator Dairi Vele yesterday to discuss key developments related to the Pasca Gas Condensate Project, located…
Kina Asset Management Ltd Declares Record Interim Dividend for 2024
Kina Asset Management Ltd (KAML) has announced a historic interim dividend of 20 toea per share for the half-year ending 30 June 2024, following a…
Port of Kiunga Secures International Stamp of Approval, Enhancing Trade and Investment Opportunities
Ok Tedi Mining Limited (OTML) was recently awarded the Statement of Compliance (SOC) for its Kiunga Port, marking a significant milestone in ensuring the port’s…
CPL Group Reports Challenges and Strategic Resilience Amid PNG’s Economic Slowdown
PNG leading retailer CPL Group has announced its financial results for the first half of the year, highlighting a 13% decline in revenues, totaling K239.5…
Implementation Of The National Tuna Domestication Strategy (NTDS) Vital For PNG To Become a Major Tuna Processing Hub In The Asia-Pacific Region
Fisheries and Marine Resources Minister Jelta Wong has announced that the National Tuna Domestication Strategy (NTDS) will be officially launched in the first quarter of…
NEA Unveils First Corporate Plan 2023-2027: Paving the Way for Papua New Guinea’s Energy Future
By Roselyn Erehe The National Energy Authority (NEA) has officially introduced its Corporate Plan for 2023-2027, marking a pivotal moment for the energy sector in…
PNG Customs Reports Strong Mid-Year Revenue Growth Amid Economic Challenges
By Roselyn Erehe Papua New Guinea (PNG) recently hosted significant summits, among which the 2024 IPA Regulators Summit in July stood out. This gathering provided…
Tisa Community Finance Transforms into TISA Bank: A New Era in Banking for Papua New Guinea
Tisa Community Finance Limited (TCF) has officially rebranded as TISA Bank following the recent grant of a banking license by the Bank of Papua New…
NGIP Agmark Ltd Reports Robust Growth and Declares Interim Dividend
NGIP Agmark Limited (NGP) has announced notable growth in its financial performance for the first half of the year ending June 30, 2024, attributing this…