Papua New Guinea News

MONTERREY/NEW YORK, May 24 Fitch Ratings has affirmed the ratings of Digicel Group Limited and its subsidiaries Digicel Limited and Digicel International Finance Limited , collectively referred to as 'Digicel' as follows: DGL Long-term Issuer Default Rating at 'B'; --US$1.5 billion 8.25% senior subordinated notes due 2020 at 'B-/RR5'; --US$775 ... (more)

PAPUA New Guinea has embarked on a war against crime that will involve the creation of an Alcatraz-type prison island in Manus, the introduction of the death penalty for murder, aggravated rape or theft of more than $5 million and the secondment of up to 150 Queensland officers to PNG police stations.

While he's still licking his wounds from the Sino-Forest scandal, hedge-fund titan John Paulson has waded into another controversial stock.

Energy stocks fell Friday, ending the week with a loss of 0.5% as gains earlier in the week cushioned heavy losses in recent trading sessions.

Rows of gaptoothed human skulls and formaldehyde-soaked brains stock the Museum of Medical History here, where the popular exhibition "Beneath the Skin" can be so grim that visitors will occasionally swoon to the cold stone floor.

In a shock result, Audi drivers have been identified as the worst drivers, according to a survey by online car buying firm Private Fleet.

Flags of the Melanesian Spearhead group countries Papua New Guinea , Kanaky , Vanuatu, Fiji and the Solomon Islands.

May 24, 2013: Fiat Chrysler Group has announced the Jeep brand as the major supporter of LifeSupport Trek4Trauma, a fundraising and awareness-raising event championing the work of the trauma team at St George Hospital in NSW.

The actions of a senior Rural Fire Service member who befriended four teens before molesting them were calculated and planned, a judge has found.

What's new in animal species? Plenty, according to a new Top 10 list that includes everything from a glow-in-the-dark cockroach to an "Old World" monkey with a bright blue buttocks.

In the latest deal Osaka Gas Co. 9532.TO -5.08% Ltd. has agreed to pay US$204 million to acquire stakes in natural gas assets in Papua New Guinea owned by Australia's Horizon Oil Ltd.

May 23, Colombo: Sri Lanka's Minister of Public Relations Mervyn Silva came under media attention again as his same party opponent and Chairman of Kelaniya Pradeshiya Sabha Prasanna Ranaweera was assaulted this morning.

Osaka Gas Co. Ltd. has agreed to pay up to US$204 million to acquire stakes in natural gas assets in Papua New Guinea owned by Horizon Oil Ltd., in the latest bet by an international energy company on the country's potential as a supplier of clean-burning fuels.

INDONESIA HAS AGREED TO TEAM UP with neighbouring Papua New Guinea to explore potential oil and gas reserves in border areas as the former shifts its oil and gas exploration focus to the eastern part of the archipelago.

Papua New Guinea Prime Minister Peter O'Neill has threatened to sack everyone in his finance department over a $32 million scam involving top officials and lawyers, reports said Thursday.

"When the prison is under siege do you want the prisons commissioner have to read to them the Geneva Conventions?" The AG submitted a confidential report to the Court and Counsel Petitioner requested a copy to be issued to him.

Papua New Guinea LNG industry research work from OGAnalysis is a compulsory report for all analysts involved in the LNG sector.

The Office of the United Nations High Commissioner for Refugees on Wednesday reiterated its concerns about the treatment of asylum-seekers arriving by sea to Australia.

As the idea of a modern-day battlefield becomes more open to interpretation amid the use of drones and surgical strikes, this Memorial Day its important to appreciate the fact that the locations of battles past are still even recognizable.

A controversial Papua New Guinean businessman denies he had been hiding in Australia to avoid charges of misappropriating millions of dollars.