PORT MORESBY, PNG ---- Despite the challenges in Papua New Guinea, Bank South Pacific remains the leading commercial bank in the country and region and aims to expand its foreign investments, a bank official says.
Papua New Guinea
The metropolis landscape of Port Moresby is set to transform significantly with the construction of the multi million dollar Kookaburra Flyover Street, the biggest project yet ever to be undertaken this decade in Papua New Guinea and the first in any South Pacific country once completed.
PORT MORESBY, PNG--- The government of Papua New Guinea has approved Horizon Oil's Stanley gas condensate development project.
BUKA, PNG ---- A girl was reportedly killed, homes were destroyed and many people displaced after a strong earthquake hit Buin in South Bougainville last Friday.
VANIMO, PNG ---Papua New Guinea Defence Force soldiers have burnt down OPM (Organisasi Papua Merdeka) camps on the PNG side of the border, according to intelligence sources at the border.
PORT MORESBY, PNG ---The Papua New Guinea government will commit K1 million (US$366,000) to assist the flood devastated victims of Solomon Islands.
PORT MORESBY, PNG ---- A Papua New Guinea Government agency will begin monitoring the use of subscriber identity module (SIM) cards because of the abuse of telecommunication services, an official says.
PORT MORESBY, PNG ----- Telikom PNG Ltd has seen a huge increase in the number of Internet Service Providers (ISP) signing up for its wholesale internet rates, an official says.
PORT MORESBY, PNG ----It is estimated 54,000 people in Papua New Guinea have been affected by tropical cyclone Ita and authorities expect that number to rise.
BUKA, PNG ----A group of shareholders is calling on the Rio-Tinto subsidiary, Bougainville Copper Ltd, to appoint an independent jurist to conduct a full inquiry into the involvement of the company in the civil war on PNG's Autonomous Region of Bougainville, before it goes ahead with any plans to re-open ...
VANIMO, PNG ---The OPM has burnt more Indonesian government infrastructure at the Papua New Guinea-Indonesia border as fighting escalated between the two sides.
VANIMO, Papua New Guinea --- The Indonesian military and OPM elements have engaged in another shootout on the Papua New Guinea-Indonesia border, forcing the closure of a primary school and restrictions on traditional border crossers.
PORT MORESBY, PNG ----Sandfire Resources has taken a AUD$6 million stake in Toronto-listed copper-gold explorer WCB Resources.
VANIMO, PNG POST COURIER) ----Two Indonesian soldiers and OPM rebels were reportedly injured in an eight-hour gunfight last weekend at the Papua New Guinea-Indonesian border near Wutung in West Sepik Province.
PORT MORESBY, PNG ----United Nations Development Program administrator and chair of UN development group, Helen Clark, has confirmed that the United Nations team in Papua New Guinea is working towards building a UN house.
PORT MORESBY, PNG ---- Sacked Papua New Guinea Treasurer and Kandep MP Don Polye will be asking the court to declare the K3 billion (US$1.1 billion) loan as unconstitutional and seek orders for his reinstatement as Treasurer.
PORT MORESBY, PNG ---There is a build-up of OPM rebels on the Papua New Guinea-Indonesia border, says an intelligence official currently on the ground.
PORT MORESBY, PNG -----Papua New Guinea will now resettle all asylum seekers who are found to be refugees and the Australian Federal Police will assist the investigation into the death of asylum seeker Reza Barati if requested, it was announced on Thursday.
PORT MORESBY, PNG -----The Papua New Guinea Defence Force Air Transport Wing is set to boost its capabilities with the appointment of its new commanding officer.
PORT MORESBY, PNG------ The commencement of Liquefied Natural Gas (LNG) exports will support Papua New Guinea’s (PNG) GDP growth of 6% in 2014, picking up to a record 21% in 2015, the Asian Development Bank (ADB) says in a major new report.
PORT MORESBY, PNG ---Papua New Guinea police say the former security management firm at the Manus Island Detention Centre is refusing to be interviewed about February's deadly riots.
PORT MORESBY, PNG ----- Port Moresby’s K1 billion (US$360 million) skyscraper will go ahead despite coming under the scrutiny of the Papua New Guinea Ombudsman Commission and moves within the Government to stop its construction.
PORT MORESBY, PNG ---- The Papua New Guinea Government has already concluded the K3 billion(AUD$ 1.239 billion) loan with the UBS bank to purchase a 10.01 per cent stake in Oil Search, with the share transfer taking place on 13 March.
LORENGAU, PNG -- Papua New Guinea Prime Minister Peter O’Neill says the Government does not know the exact number of people at the Manus regional processing centre for asylum seekers.
PORT MORESBY, PNG ----- Papua New Guinea Prime Minister Peter O’Neill has welcomed ANZ Bank’s assessment of the country’s economy.
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