Business

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Oil Search Limited Acquires Alaska Assets

Oil Search Limited Acquires Alaska Assets

Oil Search announces acquisition of assets in Alaska – stake in Tier 1 oil field purchased at US$400 million.
Home building set to rise sharply in Papua New Guinea says real estate website CEO

Home building set to rise sharply in Papua New Guinea says real estate website CEO

Home building in Papua New Guinea is set to accelerate sharply, according to Matthew Care, Chief Executive and founder of…
Eda Ranu looking to take more control of its operations, says Chairperson

Eda Ranu looking to take more control of its operations, says Chairperson

The state-owned National Capital District-based water utility, Eda Ranu, is looking to bring more of its operations in-house. Chairperson Mary…
General Electric Appoints New CEO for New Zealand and Papua New Guinea

General Electric Appoints New CEO for New Zealand and Papua New Guinea

Kevin Hart has been appointed as Chief Executive Officer of General Electric (GE) Papua New Guinea and GE New Zealand…
UBS cautions gains from wealthy client activity may not last

UBS cautions gains from wealthy client activity may not last

ZURICH (Reuters) - A pick-up at UBS's core wealth management business is likely to weaken in the final months of…
Airlines get ready for new U.S. security rules from Thursday

Airlines get ready for new U.S. security rules from Thursday

New security measures including stricter passenger screening take effect on Thursday on all U.S.-bound flights to comply with government requirements…
Telikom to give away K100,000 in Cash this festive season

Telikom to give away K100,000 in Cash this festive season

Telikom PNG today launched its festive season promotion to reward its prepaid service customers with K1,000 each to five (5)…
Airbus turmoil overshadows bid to rescue CSeries

Airbus turmoil overshadows bid to rescue CSeries

Image: FILE PHOTO: An Airbus A320neo aircraft and a Bombardier CSeries aircraft are pictured during a news conference to announce a…
Bitcoin soars to record high above $6,000

Bitcoin soars to record high above $6,000

Image: FILE PHOTO: A Bitcoin sign is seen in a window in Toronto, Canada, May 8, 2014. REUTERS/Mark Blinch/File Photo By…
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