The iconic Valupindi Haus in Waigani will now become the home of the Department of Education following relocation of Department of Finance and Planning to…
MOU PAVES WAY TO ESTABLISH IPA SERVICES IN EASTERN HIGHLANDS
A memorandum of understanding (MOU) between the Investment Promotion Authority (IPA) and the Eastern Highlands Provincial Administration will enable access to IPA services from the…
WAPENEMENDA SET TO ROLL OUT SME TRAINING FOR ECONOMIC EMPOWERMENT
The Wapenamanda District Development Authority in Enga is embarking on a training program for Small to Medium Enterprises to help expand the local economy. Registration…
RAJEEV SHARMA REPLACES IAN TARUTIA AS NASFUND CEO
The Nasfund Board today announced the appointment of Mr. Rajeev Sharma as its Chief Executive Officer replacing Ian Tarutia who is retiring on the 31st…
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 of the fund, according to the PNG…
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 Manager to oversee its PNG operations. Lelai…
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 arrangement between PNGLNG partner Santos has raised…
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 a 5 per cent project interest in…
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 1st October 2022. Ms. Wardley has over…
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 in the previous year, according to the…