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News Letters
ICCC BRIEF, NEWSLETTER – ISSUE 4 OF 2025
ICCC BRIEF - Issue 4, 2025October-December 2025
ICCC BRIEF, NEWSLETTER – ISSUE 3 OF 2025
ICCC BRIEF - Issue 3, 2025July-September 2025
ICCC BRIEF, NEWSLETTER – ISSUE 2 OF 2025
ICCC BRIEF - Issue 2, 2025April-June 2025
ICCC Brief Newsletter – Issue 1 of 2025
ICCC Brief Newsletter - 1st EditionJan-Mar 2025
ICCC Brief Newsletter – Issue 4 of 2024
ICCC Brief Newsletter - 4th QuarterOct-Dec 2024
ICCC Brief Newsletter – Issue 3 of 2024
ICCC Brief Newsletter - 3rd QuarterJuly-September 2024
ICCC Brief Newsletter – Issue 2 of 2024
ICCC Brief Newsletter - 2nd QuarterApril-June 2024
ICCC Brief Newsletter – Issue 1 of 2024
ICCC Brief Newsletter - 1st QuarterJanuary-March 2024
ICCC Brief Issue 1 of 2023
ICCC Brief - 1st editionJanuary-September 2023
News
PUBLIC NOTICE: CLEARANCE APPLICATION – DIGITEC PROPOSES TO AMALGAMATE WITH ICT HOLDING LTD
CLEARANCE APPLICATION BY DIGITEC ICT LIMITED FOR THE PROPOSED AMALGAMATION WITH ICT HOLDING LIMITEDThe Independent Consumer and Competition Commission (“ICCC”) advises the general public and relevant industry stakeholders that it has received and registered a...
PUBLIC NOTICE: CLEARANCE APPLICATION BY TRANS WONDERLAND LIMITED FOR THE PROPOSED ACQUISITION OF 100 PERCENT SHARES IN AVENELL ENGINEERING SYSTEM LIMITED AND ALFA LIMITED
The Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and relevant stakeholders, that it has commenced public consultations on a Clearance Application submitted by Trans Wonderland Limited (“TWL”) for its proposal to acquire...
MEDIA RELEASE: ICCC CONCERNED ABOUT TRANSFER OF VEHICLE REGISTRATION AND DRIVER LICENSING FUNCTIONS FROM MVIL TO RTA
The Independent Consumer and Competition Commission (ICCC) has raised concerns on a joint statement by the Motor Vehicle Insurance Limited (MVIL) and Road Traffic Authority (RTA) on 19th May 2025, about the transfer for vehicle registration and driver licensing...
Public Notice
PUBLIC NOTICE: 2025 PUBLIC MOTOR VEHICLE (PMV) AND TAXI FARE REVIEW RELEASE OF FINAL REPORT
The Independent Consumer and Competition Commission (‘ICCC’) announces the conclusion of the 2025 PMV and Taxi Fare Review, and the subsequent release of the Final Report. In the Final Report, the ICCC has made the following key determinations, balancing regulatory...
PUBLIC NOTICE: AVIATION INDUSTRY INQUIRY – RELEASE OF THE DRAFT REPORT
The Independent Consumer and Competition Commission (‘ICCC’) wishes to inform key aviation industry participants, relevant stakeholders and the general public on the release of the Draft Report (‘Draft Report’) in relation to its inquiry into the aviation Industry of...
PUBLIC NOTICE: RELEASE OF PNG PORTS PROPOSED FINAL REGULATORY CONTRACT AND FINAL REPORT (2026-2030)
The Independent Consumer and Competition Commission (‘ICCC’) would like to inform all the industry stakeholders and general public of the release of the Proposed Final PNG Ports Regulatory Contract (‘Regulatory Contract’) and the Final Report into the Review of the...
PUBLIC NOTICE: CLEARANCE APPLICATION BY BOLUDA TOWAGE AUSTRALIA B.V. FOR THE PROPOSED ACQUISITION OF SMIT LAMNALCO TOWAGE PNG LTD AND SMIT LAMNALCO PROJECTS PTE LTD (PNG BRANCH)
Clearance Application by Boluda Towage Australia B.V. for the Proposed Acquisition of Smit Lamnalco Towage PNG Ltd and Smit Lamnalco Projects Pte Ltd (PNG Branch)The Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and...
ENEOS XPLORA PAPUA LNG LIMITED PROPOSES TO ACQUIRE PARTICIPATING INTEREST IN PAPUA LNG PROJECT FROM ENEOS XPLORA PAPUA LNG PTY LTD
CLEARANCE APPLICATION BY ENEOS XPLORA PAPUA LNG LIMITED FOR THE PROPOSED ACQUISITION OF PARTICIPATING INTEREST IN PAPUA LNG PROJECT FROM ENEOS XPLORA PAPUA LNG PTY LTDThe Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and...
PUBLIC NOTICE: 2025 PUBLIC MOTOR VEHICLE (PMV) AND TAXI FARE REVIEW – RELEASE OF DRAFT REPORT
2025 PUBLIC MOTOR VEHICLE (PMV) AND TAXI FARE REVIEW - RELEASE OF DRAFT REPORTThe Independent Consumer and Competition Commission (‘ICCC’) wishes to inform PMV/taxi owners, operators, PMV Associations, commuters, Government agencies and the general public that it has...
PUBLIC NOTICE: PNG PORTS REGULATORY CONTRACT REVIEW – REVISED DRAFT REGULATORY CONTRACT AND REVISED DRAFT REPORT
The Independent Consumer and Competition Commission (‘ICCC’) would like to inform relevant stakeholders and the general public of the formal release of the revised Draft Final PNG Ports Regulatory Contract and Report. The current five-year Regulatory Contract between...
PUBLIC NOTICE: CLEARANCE APPLICATION BY PT PETROSEA TBK FOR THE PROPOSED ACQUISITION OF HBS (PNG) LIMITED
CLEARANCE APPLICATION BY PT PETROSEA TBK FOR THE PROPOSED ACQUISITION OF HBS (PNG) LIMITEDThe Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and relevant industry stakeholders that it has commenced public consultations on...
PUBLIC NOTICE: CLEARANCE APPLICATION BY JAS UK HOLDING LIMITED FOR THE PROPOSED ACQUISITION OF PENTAGON HOLDINGS LIMITED
CLEARANCE APPLICATION BY JAS UK HOLDING LIMITED FOR THE PROPOSED ACQUISITION OF PENTAGON HOLDINGS LIMITEDThe Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and relevant industry stakeholders that it has commenced public...
PUBLIC NOTICE: CLEARANCE APPLICATION BY TOR INVESTMENT MANAGEMENT FOR PROPOSED OWNERSHIP RESTRUCTURE OF TWINZA OIL LIMITED
CLEARANCE APPLICATION BY TOR INVESTMENT MANAGEMENT (HONG KONG) LIMITED FOR THE PROPOSED OWNERSHIP RESTRUCTURE OF TWINZA OIL LIMITEDThe Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and relevant industry stakeholders that...
Media Release
MEDIA RELEASE: ICCC LAUNCHES SCAM AWARENESS WEEK TO EMPOWER PAPUA NEW GUINEANS AGAINST SCAMS
ICCC LAUNCHES SCAM AWARENESS WEEK TO EMPOWER PAPUA NEW GUINEANS AGAINST SCAMSThe Independent Consumer and Competition Commission (ICCC) launched its Scam Awareness Week PNG, this year from the 15 to 19 December 2025. Inspired by successful national initiatives like...
MEDIA RELEASE: BOLUDA TOWAGE AUSTRALIA B.V CLEARED TO HOLD SHARES IN SLP & SLT
Boluda Towage Australia B.V. cleared to hold shares in SLP (PNG Branch) and SLT PNG Limited The Independent Consumer and Competition Commission (ICCC) has given clearance to Boluda Towage Australia B.V. (Boluda Australia) to hold 100 percent (%) shares in Smit...
MEDIA RELEASE: ICCC CLEARS ENEOS XPLORA PAPUA LNG LTD TO ACQUIRE A PARTICIPATING INTEREST IN PAPUA LNG PROJECT
ICCC CLEARS ENEOS XPLORA PAPUA LNG LTD TO ACQUIRE A PARTICIPATING INTEREST IN PAPUA LNG PROJECTThe Independent Consumer and Competition Commission (ICCC) has given clearance to ENEOS Xplora Papua LNG Limited (ENEOS PNG) to acquire a 2.580645 percent (%) participating...
PRESS STATEMENT: REVOCATION OF PANDEMIC MEASURE NO. 4 ON PRICE CONTROLS
REVOCATION OF PANDEMIC MEASURE NO. 4 ON PRICE CONTROLSThe Independent Consumer and Competition Commission (ICCC) wishes to advise all business houses, relevant stakeholders, and the general public that the Pandemic Measure No.4 on Price Controls (Price Measure No. 4),...
MEDIA RELEASE: ICCC GIVES CLEARANCE TO DIGITEC ICT LTD FOR ITS PROPOSED AMALGAMATION WITH ICT HOLDINGS LTD
ICCC GIVES CLEARANCE TO DIGITEC ICT LIMITED TO PROCEED WITH ITS AMALGAMATION WITH ICT HOLDING LIMITEDThe Independent Consumer and Competition Commission (“ICCC”) announces that it has given clearance to Digitec ICT Limited (“Digitec”) for its proposal to amalgamate...
MEDIA RELEASE: ICCC CLEARS JAS UK HOLDINGS LTD TO ACQUIRE PENTAGON HOLDINGS LTD
ICCC gives clearance to JAS UK Holdings Limited to acquire Pentagon Holdings LimitedThe Independent Consumer and Competition Commission (ICCC) has given clearance to JAS UK Holdings Limited (JAS Holding) to proceed with its proposal to acquire Pentagon Holdings...
MEDIA RELEASE: ICCC CLEARS TOR INVESTMENT MANAGEMENT (HONG KONG) LTD FOR TWINZA OIL LTD RESTRUCTURE
ICCC CLEARS TOR INVESTMENT MANAGEMENT (HONG KONG) LTD FOR PROPOSED RESTRUCTURE OF TWINZA OIL LTDThe Independent Consumer and Competition Commission (ICCC) has given Clearance to Tor Investment Management (Hong Kong) Limited (Tor) in respect of the proposed ownership...
MEDIA RELEASE: BT LUXEMBOURG II, S.à.r.l. CLEARED TO ACQUIRE SHARE IN SLT and SLP (PNG Branch)
ICCC gives Clearance to BT Luxembourg II, S.à.r.l. to acquire shares in Smit Lamnalco Towage PNG Ltd and Smit Lamnalco Projects Pte Ltd (PNG Branch)The Independent Consumer and Competition Commission (“ICCC”) has given Clearance to BT Luxembourg II, S.à.r.l. (“Boluda”...
PRESS STATEMENT: FREEDOM APEX LIMITED TO PAY PENALTY FEE OF K750,000 TO ICCC
PRESS STATEMENT: FREEDOM APEX LIMITED TO PAY PENALTY FEE OF K750,000 TO ICCC The Waigani National Court delivered a precedent decision on the 24th of July 2025 and ordered one of the biggest wholesalers and retail business entity in the Highlands region, Freedom Apex...
ICCC’S CONCERNS REGARDING THE PROPOSED NATIONAL ENERGY AUTHORITY (Refined Petroleum Products Supply) BILL
PRESS STATEMENT: ICCC'S CONCERNS REGARDING NEAA'S PROPOSED BILL The Independent Consumer and Competition Commission (ICCC) wishes to express its concerns on the recently proposed National Energy Authority (Refined Petroleum Product Supply) Bill. The ICCC believes...