Newmont Corporation has officially announced its Bronze category sponsorship of the Geoscience, Exploration & Extraction Conference (GEE) 2024, set to take place from August 7-9. At a ceremony held at…
Papua New Guinea’s tax system has been a challenge for years, with taxpayers shouldering a heavy burden and concerns about maintaining revenue. The Independent Revenue Commission (IRC) understands the challenges…
Steamships Trading Company Ltd. (Steamships) has announced the appointment of Mr. Chris Daniells as its new Managing Director, effective Monday, July 1, 2024. Mr. Daniells takes over from outgoing Managing…
Today Kumul Petroleum Holdings awarded a contract to OilMin Holdings Limited to carry out seismic work in two petroleum retention licences where KPHL is the operator. General Manager, Fintan Lalor,…
The World Bank Group has announced the appointment of Mr. Khwima Nthara as its new Country Manager for Papua New Guinea (PNG), a position that will streamline country-level leadership across…
Kumul Petroleum Holding Limited has made a significant contribution to the ongoing disaster relief effort in Mulitaka, Enga Province, by presenting a cheque for K1 million to Hon. Peter Ipatas,…
Minister Assisting the Prime Minister on Treasury matters Ian Ling Stucky has reported an improved credit rating for Papua New Guinea from a negative B2 to positive B2. This announced…
A delegation from PanAust recently met with Papua New Guinea Prime Minister James Marape to discuss the economic implications of the Sepik Development Project. The project, which includes the Frieda…
The Bank of Papua New Guinea has released its Monetary Policy Statement for Quarter 1 2024, projecting an increase in inflationary pressures for the year ahead. This forecast is attributed…
The Mineral Resources Development Company (MRDC) has successfully concluded an Awareness Exercise on the Clan Bank Account Opening for the Hides PDL1 beneficiaries in the PNG LNG Project in Hela…
