Update: Oil Search deal impacts Sovereign Wealth Fund; boost for Lae hospital; PNG's first non-bank EFTPOS card

PNG Business Update

March 27, 2014

Opinion & analysis

Government loan deal for Oil Search shares impacts Sovereign Wealth Fund

The proposed Sovereign Wealth Fund aims to stabilise the Kina and secure assets for the future. But, as Paul Barker from the Institute of National Affairs argues, the government’s borrowing plan for Oil Search shares may jeopardise the Fund’s effectiveness. Read on... 

Latest news

Kina Finance launches first non-bank EFTPOS card

Kina Group has launched PNG’s first non-bank EFTPOS cash card. Read on...


State-of-the-art equipment strengthens Lae International Hospital

By introducing a range of specialty services Lae International Hospital has emerged as a leading private health facility in Morobe Province. Read on ...


In brief

Loan for Oil Search shares already signed and other stories

Officials reveal loan share deal signed two weeks ago, Abbott/O'Neill sign a new trade treaty and Bank PNG board happy with economy. Your weekly digest of the latest business and economic news. Read on ...

Latest jobs

Assistant General Manager, Bulolo

PNG Forest Products Limited (PNGFP) now has an exciting international opportunity for an Assistant General Manager to join their team in Bulolo, PNG. Read on ...

Mechanical Engineer, Bulolo

PNG Forest Products Limited (PNGFP) has multiple exciting international opportunities for an experienced Mechanical Engineer to join their team in Bulolo, Papua New Guinea (PNG). Read on..


Breakfast briefing: 2014 Monetary Policy Statement

The Port Moresby Chamber of Commerce and Industry invites you to attend a breakfast briefing by the Governor of the Bank of Papua New Guinea, Loi Bakani, entitled: '2014 Monetary Policy Statement'. Read on ...
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