The World Bank has released its economic update on Papua New Guinea, superannuation funds reject bank levy, and SNT Chair says Porgera will reopen next month. The business news you need today.
In brief: World Bank report says GDP in Papua New Guinea is expected to grow and other business stories
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16 Mar 2022 by 1 Comment
PNG Air’s board pursuing plan to keep Papua New Guinea’s second domestic airline ‘viable’
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19 May 2021 by Leave a Comment
It will take ‘the next two to three years’ before PNG Air, Papua New Guinea’s second domestic airline, can foresee a return back to pre-COVID levels of business activity, according to statement issued to Papua New Guinea’s stock exchange yesterday.
In brief: Kina Bank set to restock chests and other business stories
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14 Sep 2020 by Leave a Comment
Kina Bank announces an equity raising, Ok Tedi Mining reports K50 million interim dividend and the Prime Minister aiming to reach agreements on major resource projects by the end of the year. The business news you need to kickstart your week.
Link PNG swoops: state-owned airline bids for a slice of PNG Air
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1 Jun 2020 by Leave a Comment
Air Niugini subsidiary Link PNG has launched a takeover bid for rival domestic carrier PNG Air – via a share acquisition from Nasfund. With the national airline undergoing significant restructuring, what are the prospects for a sustainable aviation sector in Papua New Guinea?
Aviation in Papua New Guinea: a sector profile
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25 Nov 2019 by Leave a Comment
A profile of the aviation sector in Papua New Guinea including airports, the regulatory framework and airlines.
In brief: Credit Corp profit down after completion of LNG plant, and other business stories
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1 Jul 2015 by Leave a Comment
Credit Corp profit down, companies begin closing offshore foreign currency accounts, and new air navigation system to be installed across Papua New Guinea. 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.
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