Category: Business
Masiu uncertain of effect
MINISTER for Information, Communication and Technology Timothy Masiu says his department is uncertain, at this stage, whether Digicel (PNG) Ltd will be affected by an Australian interest in the company. […]
Capital Insurance welcomes acting CEO
JEREMY Norton has been appointed the acting group chief executive officer of Capital Insurance Group (CIG) effective from last Monday. Chairman Michael Koisen announced Norton’s appointment following the resignation of […]
Nasfund opens Maprik branch
THE National Superannuation Fund (Nasfund) now has a presence in Maprik, East Sepik, following the opening of its Maprik Service Centre last week. Chairman Charles Vee said the addition to […]
PX suspends Madang flights due to airport runway upgrade
AIR Niugini says the temporary suspension of its flights to Madang on Friday is due to a runway upgrade by the National Airports Corporation that starts today. The airliner said […]
Oil Search open to merger proposal favouring shareholders
OIL Search will be open to a merger proposal that is in favour of their shareholders, according to the petroleum company. Oil Search said this in a market release following […]
Kua praises landowners
PETROLEUM Minister Kerenga Kua has praised the landowners of Hela’s Angore area and ExxonMobil PNG for the restart of the Angore Project this month. The project was temporarily suspended in […]
Minister wants strong relations with ExxonMobil
PETROLEUM Minister Kerenga Kua wants to see a strengthening of a positive relationship between the Government, ExxonMobil PNG and the PNG LNG project. Kua welcomed new ExxonMobil PNG managing director […]
Namah congratulates Brian Bell over acquisition
OPPOSITION Leader Belden Namah has congratulated the Brian Bell Group of Companies on its acquisition of a Brisbane-based company, Orange Digital. Brian Bell had announced that the acquisition of Orange […]
Shop offers online service
RH Hypermarket is the first online shop to offer BSP’s new payment service – BSP Pay, according to the bank. RH Hypermarket has been providing retail and wholesale products to […]
MP: K600mil wharf to boost economic activities in Huon Gulf
THE K600 million Labu Tale wharf project in Huon Gulf will boost local socio-economic activities provided with spin-off and employment opportunities to locals, says MP Ross Seymour. Seymour said the […]