Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.
Aropa Airport on Bougainville re-opens after 24 years as the province prepares for its own time zone
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17 Dec 2014 by
The re-opening of Aropa Airport at Kieta on Bougainville is another vital part of Papua New Guinea’s national infrastructure that will create new opportunities, according to Prime Minister Peter O’Neill.
In brief: Conn says Port Moresby businesses have ‘lost hope’ in security in Papua New Guinea, and other business stories
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10 Dec 2014 by
Violence takes a toll on businesses in Papua New Guinea, Anglo American and Highlands Pacific form joint venture, and Sime Darby extends takeover deadline for NBPOL. Your weekly digest of the latest business news.
Launch of Link PNG marks start of expansion plans for Papua New Guinea’s national carrier
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26 Nov 2014 by Leave a Comment
Air Niugini is looking to expand its services to other Melanesian countries from 2015, and possibly China in coming years. The plans follow the launch of its new low-cost domestic subsidiary, Link PNG, which has implications for other state-owned enterprises.
Air Niugini adapts to changing aviation industry by launching domestic subsidiary
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22 Oct 2014 by Leave a Comment
National carrier Air Niugini is aiming to deliver more choice for Papua New Guinean travellers through the establishment of Link PNG, a new low-cost domestic subsidiary.
In brief: Share restructuring and recapitalisation at Airlines PNG, and other business stories
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15 Oct 2014 by Leave a Comment
Share buyback and recapitalisation at Airlines PNG, lucrative tuna deal signed with United States, and Digicel in talks over buying shares in EMTV. Your weekly digest of the latest business news.
High interest rates a hurdle for investors, says Nambawan Super, and other business stories
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24 Sep 2014 by Leave a Comment
Call for government to lower interest rates, inflation rises and Air Niugini reduces fuel surcharge. Your weekly digest of the latest business news.
Air Niugini and PNG Ports for partial sale: Papua New Guinea zeros in on its state-owned enterprises
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17 Sep 2014 by 3 Comments
First Air Niugini, then PNG Power … then PNG Ports and the National Airports Corporation? The Papua New Guinea government is embarking on a grand plan to reinvigorate state-owned enterprises. But privatisation is not the only option to ensure SOEs function as viable entities.
Raft of privatisations to come says Papua New Guinea Prime Minister, Peter O’Neill
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11 Sep 2014 by Leave a Comment
The partial privatisation of Air Niugini will be the first in a series of privatisations. Opening the 2014 Papua New Guinea Advantage Investment and Infrastructure Summit in Port Moresby this week, Prime Minister Peter O’Neill said removing government ownership will reduce waste, inefficiencies and corruption.
Program firms up for Papua New Guinea Advantage Summit
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13 Aug 2014 by
September’s Papua New Guinea Advantage Investment and Infrastructure Summit looks like being the largest ever, with delegate registrations up and a very strong roster of high profile speakers, say organisers.
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