PNG Power price increase postponed, InterOil timeline to be set and Rabaul needs visas on arrival. Your quick digest of the week’s business news.
In brief: PNG Power price increase postponed and other stories
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Inaugural Air Niugini flight to Bali in August
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Air Niugini’s inaugural flight to Denpasar, Bali, is scheduled for 5 August 2013, as the airline seeks to extend its reach into the region.
People moves: Air Niugini, Warwick Hotels and more
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CEO confirmed for Air Niugini, a new Chief Ombudsman and ex-Airlines PNG CEO finds plumb job in India.
Papua New Guinea turns to neighbouring Indonesia
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The Papua New Guinea Government plans to have a trade representative located in Jakarta from next year, as it seeks to boost trade and business links with neighbouring Indonesia.
Around the world: Violence makes global headlines/bond issue/Kemish reflects/world’s best airport
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PNG violence makes global headlines, dollar bond issue gains traction, Ian Kemish reflects on his time as High Commissioner and Changi Airport voted ‘the best’.
Economic update: our annual snapshot of Papua New Guinea’s economy
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Papua New Guinea enters 2013 with a new government in place, a major gas project nearing completion and some ambitious development goals, reports Business Advantage PNG’s Andrew Wilkins.
Air Niugini pays dividend for a second year
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Air Niugini has paid a divided of K7.6 million (US $3.5 million) to the government for the 2011 fiscal year, its second dividend since corporatisation in 1996.
First step towards direct flights between Lae and Cairns?
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Business people in Morobe Province are hoping a new timetable, which sees Air Niugini flying between Lae and Cairns via Port Moresby, is the first step towards direct flights between Australia and PNG’s second city.
People moves: executive moves and changes relevant to Papua New Guinea
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New CEO at Air Niugini Simon Foo has been appointed acting Chief Executive Officer of Air Niugini Limited (ANL) following the departure of Wasantha Kumarasiri. Foo is a current ANL board member and a former senior executive with the airline. Former Mining Minister joins Woodlark board Sam Akoitai, Papua New Guinea’s Minister for Mining from 2002 to […]
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