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…
KUMUL PETROLEUM SECURES DEAL FOR ADDITIONAL 7% FREE CARRIED EQUITY IN LANDMARK DEAL WITH TOTAL SE
Kumul Petroleum Holdings Limited, Papua New Guinea’s national oil and gas company, announced today an increase in its aggregate equity in future joint exploration projects…
K92 MINING ANNOUNCES RESUMPTION OF EXPATRIATE FLY-IN FLY-OUT TRAVEL BETWEEN PAPUA NEW GUINEA AND AUSTRALIA
ANCOUVER, British Columbia, May 10, 2021 (GLOBE NEWSWIRE) — K92 Mining Inc . (“ K92 ” or the “ Company ”) (TSX : KNT; OTCQX : KNTNF) is pleased to announce that the Government of…
THE SOUTH PACIFIC’S LARGEST BANK ADMITTED TO AUSTRALIA’S ASX
PNGX listed BSP Financial Group Limited (BSP) has successfully joined the Australian Securities Exchange. BSP’s dual-listing will open up the company’s register to Australian investors…
KINA PUSHES PNG FORWARD WITH THEIR NEW CHIEF OF STAFF, JUDITH UGAVA-TAUNAO
Kina Bank is pleased to announce the appointment of Judith Ugava-Taunao as Chief of Staff reporting directly to the Chief Executive Officer. In this new…