The codeshare arrangement between Airlines PNG and Virgin Australia should be allowed to continue, according to a draft decision released yesterday by the Papua New Guinea Independent Consumer and Competition Commission (ICCC).
News
New Chair for Fincorp
Trade mission from Cairns
Oil and gas exploration and production company, Oil Search, has reported a US$175.8 m profit in its preliminary annual results, a 13% fall on last year, which the company attributes to high exploration expenses.
New Chair of Oil Search
New Britain Palm Oil Limited reported a 70.4% gross profit decrease to US$81.6m in 2012.
PNG’s first privately-built hydro electricity power station has opened in Bulolo, Morobe Province.
Electronic submission of tax returns and assessments, and a simpler Papua New Guinea tax system are just two of the measures to be delivered under the Internal Revenue Commission’s (IRC) new 2013 to 2017 corporate plan, launched last month.
The Papua New Guinea branch of global consulting firm Deloitte Touche Tohmatsu is opening a branch in the Solomon Islands capital, Honiara.
PNG’s national elections questioned, PNG cricketers to play in Australia, Kimbe Bay on the adrenalin list and much more from around the world.