Photo: New Office - Nambawan Super Building - Top Town FinCorp embarks on a transformation program as it commences a nationwide branch upgrade that will incorporate the newly revitalized Fincorp brand. The roll out commences with the relocation of the Lae branch, to the Nambawan Super Building, Section: 49, Allotment: 3 – 7, Office 4, Lae, Morobe Provi...

Photo: Kina’s CEO and Managing Director Greg Pawson Kina has today announced an NPAT of PGK 45.6m an increase of 15% compared to the prior corresponding period (PCP). Kina’s 1H22 results reflect strong revenue growth and ongoing progress against the key strategic priorities of the Group. Kina remains committed to delivering improved returns by growing ...

PNG Study Abroad has been guiding many students in PNG to pursue success in their study abroad journey for almost seven years. Managing Director of PNG Study Abroad, Ms Mitsuki Sato, originally from Japan established her education agency in 2015 shortly after moving to Port Moresby with her family. Mitsuki has since grown the business and in 2018 won the ...

Photo: Consort’s newest addition to its fleet, general cargo vessel ‘Kimbe Chief’, is dedicated to providing a reliable, efficient, and safe service between PNG’s busiest port of Lae and West New Britain’s capital, Kimbe. Papua New Guinea’s leading coastal shipping provider, Consort Express Lines (‘Consort’), recently welcomed the arrival of its latest...

Photo: Part of a 21-vessel fleet, Pacific Towing’s latest tug acquired as part of its fleet expansion program will be dedicated to harbour towage and permanently stationed at the company’s dedicated tug base in Port Moresby. Melanesian marine services company, Pacific Towing (PacTow), has added yet another tug to its fleet.  The Azimuth Stern Drive (AS...

Photo: Local workforce installing Ark Pacific building units for a replacement camp at a one of PNG’s biggest mines.  The camp encompasses 800 rooms in 16 two-storey accommodation blocks. Prefab modular camp specialist, Ark Pacific, is working with one of PNG’s largest mines to finalise the design stage of a 700 room camp.  Ark has provided the same mi...

Photo: From Left to Right: Dorothy Koch (Public Relations and fundraising Manger, Buk Bilong Pikinini) Ryan Pini (Corporate Development Manager, Theodist Limited) Shaun Pini (Purchasing Manager, Theodist Limited) Buk bilong Pikinini (Tok pisin for “Childrens Books”) An independent charity based in Port Moresby was given a boost from Theodist with a gen...

Photo credit: Nasfund - Ian Tarutia As the long-serving CEO of the fund, Ian Tarutia, CEO of Nasfund, will step down on March 31, 2023. Mr Tarutia has informed the board of his desire to retire at the end of March 2023, according to chairman Charles Vee's announcement. He said that the board appreciates his choice and has begun the search for a s...

Photo: Kumul Petroleum Managing Director Wapu Sonk presents to PDL 7 landowner beneficiaries who have established and nominated Kroton Laitepo Equity Limited to receive the KEO benefits on their behalf, their unit certificate and preferential dividends Papua New Guinea’s national oil and gas company, Kumul Petroleum Holdings Limited announced today tha...

Photo: Trans Wonderland Limited Board of Directors after a 2-day training by the PNG Institute of Directors in Port Moresby Santos has commended nine directors from landowner company Trans Wonderland Limited (TWL) including managing director Larry Andagali for attending a 2-day directors’ training facilitated by the Papua New Guinea Institute of Direct...

Hela Rural Development Foundation (HRDF) in partnership with BSP Financial Group Limited (BSP) has begun the shift to receiving digital donations on their website through the Online Payment Gateway system. Established in 2019, HRDF as a development partner to improve the quality of education, health and support sport functions in remote communities in ...

Photo credit: Air Niugini Facebook Page National flag carrier, Air Niugini has performed exceptionally well in delivering its schedule, outperforming many airlines in Australia and the Pacific. In June Air Niugini operated 2,260 flights with 2,104 of those serving the domestic market. When compared with key airlines in Australia for the month of ...

Santos Managing Director and Chief Executive Officer Kevin Gallagher said Santos delivered record production, sales revenue and free cash flow in the first half of 2022, demonstrating the strong performance of the base business and strategic benefits of our diverse portfolio, despite a number of major planned shutdowns in the second quarter. Strong pro...

Photo: Port Moresby 1980 For 50 years Bishops has been an integral part of the ongoing development of Papua New Guinea through the supply and service of products to a multitude of projects, agriculture, mining, forestry, manufacturing, marine, industrial and of the last decade the evolving oil and gas industry. Bishops in many ways, has grown and devel...

Photo credit: Steamships On Saturday, June 12, 2022, Steamships and Moore Printing handed over cheques for PGK100,000 to The Hands of Rescue Foundation (THOR). Present to witness the donation were General Manager Corporate Affairs Vele Rupa, Moore Printing Managing Director David Doig and THOR founder Dr Barry Kirby. THOR is a Papua New Guinean non-...

PNG Forest Products has produced an innovative range of transportable, modular solutions for mining, gas and petroleum camps that provide instant accommodation without the need for on-site construction. Each unit in the range is affixed to a steel chassis skid frame with lifting eyes for easy craning onto trucks for transport to site. The Transportable...