January 20, 2022The NationalBusiness LICENCES for round log exports will only be given to locals and landowner companies including provincial government business arms with the…
PNGEITI HAILS SMOOTH MERGER OF PROMINENT INDUSTRY PAYERS IN SANTOS & OIL SEARCH
“Oil Search has been a founding member of the PNG EITI Multi Stakeholder Group (MSG) and has played significant roles in the EITI implementation process in Papua New Guinea.”
EXTRACTIVE TRANSPARENCY COMMISSION BILL PROGRESSING WELL
By GEDION TIMOTHY The extraction of minerals such as gold, copper, zinc and petroleum resources such as liquefied natural gas is complex and challenging. The…
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…
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…
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…
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…
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…
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…
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…