Chinese billionaire Zhang Li explores investment opportunities in PNG
Chinese billionaire Zhang Li, chairman of R&F Properties Group, arrived in Port Moresby on Tuesday in a private jet to explore investment opportunities in...
Minister Maru reveals financial crisis at PNG Power
The Minister responsible for PNG Power Limited (PPL), Richard Maru, says he is “horrified” by the state of the state-owned power utility after spending...
Leon Enterprises Limited invests K40 million for new Hardware at Rainbow
The Leon Enterprise Limited has branched out to Rainbow Suburb in Port Moresby with a massive investment in hardware and associated industries.
A well-placed source...
PM Marape cites Westpac report as proof of PNG’s economic growth
Prime Minister James Marape has welcomed a new Westpac economic report, saying it independently confirms Papua New Guinea’s economy remains resilient, is growing steadily...
Minister Maru plans PNG Power reform agenda and salvage cash-strapped SOE PPL
Minister for PNG Power Richard Maru has pledged sweeping reforms to restore the financially troubled state-owned utility, saying his immediate priority is to return...