BUSINESS

SOEs belong to 10 million Papua New Guineans: Professor Kavanamur

State-owned enterprises belong to the 10 million people of Papua New Guinea and must be governed transparently and accountably, Kumul Consolidated Holdings (KCH) Managing...

Chinese billionaire Zhang Li explores investment opportunities in PNG

Chinese billionaire Zhang Li, chairman of R&F Properties Group, arrived in Port Moresby on Tuesday in a private jet to explore investment opportunities in...

Minister Maru reveals financial crisis at PNG Power

The Minister responsible for PNG Power Limited (PPL), Richard Maru, says he is “horrified” by the state of the state-owned power utility after spending...

Leon Enterprises Limited invests K40 million for new Hardware at Rainbow

The Leon Enterprise Limited has branched out to Rainbow Suburb in Port Moresby with a massive investment in hardware and associated industries. A well-placed source...

PM Marape cites Westpac report as proof of PNG’s economic growth

Prime Minister James Marape has welcomed a new Westpac economic report, saying it independently confirms Papua New Guinea’s economy remains resilient, is growing steadily...

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