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Deutsche Bank to raise 8 billion euros, plans major reorganization

Deutsche Bank to raise 8 billion euros, plans major reorganization

By Arno Schuetze FRANKFURT (Reuters) – Deutsche Bank plans to raise capital, list its asset management business and overhaul its…
PNG Communication Workers Union Against merging of Three Communication Companies

PNG Communication Workers Union Against merging of Three Communication Companies

Union President Nug Mimtirin, says there is no legislative framework for the merging, and employees of Telikom are at risk…
Members of Nambawan Super to enjoy 9% Interest on their savings

Members of Nambawan Super to enjoy 9% Interest on their savings

Board Chairman, Anthony Smare, said the board was happy to make this announcement of increased profit, despite the challenging economic…
Polye: No Tax Holiday for Investors in Petroleum and Energy Sector

Polye: No Tax Holiday for Investors in Petroleum and Energy Sector

“I will not give tax holidays, because the market is lucrative, quality resource here and there is no justifiable reason…
Strategic MoU to sell PNG’s LNG in Japan

Strategic MoU to sell PNG’s LNG in Japan

Kumul Petroleum Holdings Limited, KPHL, today signed an agreement, forging a formal arrangement with LNG japan Corporation, for a closer…
Digicel Cutting a quarter of Global workforce

Digicel Cutting a quarter of Global workforce

Digicel has around 6,000 staff across 31 countries primarily in the Caribbean, Central America and the Pacific.
Polye: Petroleum & Energy summit biased with discussions

Polye: Petroleum & Energy summit biased with discussions

While, the National Government has identified the LNG Project as being the most successful, the opposition questions where the 3…
Expert: Papua LNG Competitive on the World Stage

Expert: Papua LNG Competitive on the World Stage

Industry experts say the Papua LNG is competitive on the world stage.
CEO of PNG Power sets priority on constant and renewable energy

CEO of PNG Power sets priority on constant and renewable energy

Much of session 5 today heard that access to power in PNG is among the worlds lowest even though PNG…
Opinion: What Papua New Guinea taught me about doing business

Opinion: What Papua New Guinea taught me about doing business

Now a Chief Financial Officer based in the UK, Aarish Shah occupied senior executive roles in Papua New Guinea for…
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