By Patrick Köllner During her recent visit to Fiji, new Foreign Minister Penny Wong announced that the Australian government would create a Pacific Engagement Visa,…
SECOND PHASE REVIEW INTO CENTRAL BANKING ACT UNDERWAY TO REFORM FINANCIAL SYSTEM
A second review of the Central Banking Act aimed at creating a robust financial system in Papua New Guinea is underway with position papers accepted…
BSP INDICATES FOREX SKIMPING DURING THE BALANCE OF 2022
Bank South Pacific says forex supply at its disposal is lower compared to the same period last year as there had been a build-up of…
ANDRE DE BAKHAPOUVE IS NEW CHIEF RISK OFFICER FOR CREDIT CORPORATION
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…
TIPNG WELCOMES ANTI-CORRUPTION STRATEGY
An anti-corruption work-plan by a Government agency has been praised and welcomed by the PNG chapter of Transparency International. The National Economic and Fiscal Commission…
K189 MILLION KROTON DIVIDEND READY FOR DISBURSEMENT TO IMPACTED PNGLNG LANDOWNERS
A total of K189 million will be paid to landowner groups impacted by the Papua New Guinea Liquefied Natural Gas Project (PNGLNG) as dividend of…
STAR MOUNTAIN MUSEUM TO SHOWCASE RICH HISTORY OF OK TEDI MINE
A museum worth more than K6 million will be built up in the Star Mountains in Western Province to capture the giant Ok Tedi Mine’s…
CHRISTOPHER KINVER IS PROJECT DIRECTOR FOR KORA EXPANSION AT KAINANTU GOLD MINE
Christopher Kinver is project director for the Kora expansion in K92 Mine the company announced yesterday. A mining engineer with 20 years experience in 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…
National Energy Authority introduces the Papua New Guinea Regulation for Small Power Systems
Increasing access to reliable electricity or energy services in villages can improve livelihoods by creating economic opportunities. On Monday April 11, 2022, the final version…