Air Niugini’s Captain Beverley Pakii continues to record milestones in the aviation industry, this time becoming the first Papua New Guinean Airbus A220 Captain after…
Santos announces refinancing of syndicated debt facility
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…
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…
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…
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…
Credit Corporation Reports Strong Financial Performance for H1 2024 Amid Strategic Transformation
Credit Corporation has announced its financial results for the first half of the financial year 2024, revealing significant growth in critical performance indicators. For the…
IRC Investigation Uncovers Significant Tax Evasion by Healthcare Company
In its ongoing move to combat tax evasion, the Internal Revenue Commission (IRC) of Papua New Guinea has launched an investigation into a leading healthcare…
Gary Seddon Appointed as Chief Executive Officer of Air Niugini
Air Niugini, the national flag carrier, today announced the appointment of Gary Seddon as its Chief Executive Officer, with the Board expressing confidence in further…
PNG Government Condemns Channel 7 for False Reporting, Demands Apology
The Government of Papua New Guinea has issued a strong condemnation of an attempt by Channel 7, an Australian news outlet, to ignite regional tensions…