Mr Andre De Bakhapouve is the new Chief Risk Officer with Credit Corporation effective last week. The company announced and welcomed Mr Bakhapouve to the…
JOHNSON PUNDARI IS NEW CHIEF EXECUTIVE OFFICER OF THE NATIONAL DEVELOPMENT BANK (NDB)
Mr. Johnson Pundari is new Chief Executive Officer of the National Development Bank commencing June, its Chairman, Darrell Seeto has announced today. Mr. Pundari will…
ADDITIONAL COMPANY TAX WILL KILL FOREIGN DIRECT INVESTMENT: BANK WARNS
A recently introduced taxation regime passed by the PNG parliament will deter Foreign Direct Investment (FDI) which the PNG economy needs dearly. PNG’s biggest commercial…
PNG STOCK EXCHANGE TO BENEFIT AS MEMBER TO UN EXCHANGE INITIATIVE
The Papua New Guinea Stock Exchange (PNGX) is part of the United Nations Sustainable Stock Exchange as its newest member, PNGX announced today. PNGX announced…
KINA RPORTS STRONG GROWTH FOR 2020 FININCIAL YEAR: PGK76 MILLION NET PROFIT DECLARED
The Board of Kina Securities Limited today announced positive results for the financial year 2020 with net profit of 76 million kina declared. The company…
MILESTONE GAS AGREEMENT EXECUTED FOR P’NYANG PROJECT
Santos has today joined the Papua New Guinea Government and P’nyang project participants (affiliates of ExxonMobil and JX Nippon) to execute a gas agreement that…
Building the next world class gold mine in PNG
01 Dec 2021 On the back of significant resource growth in the past four years, K92 Mining is already well through its expansion plans to…
Export licence only for locals: PM
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…
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…
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…