Treasury says Deficit rises to 9.4% of GDP, foreign advisers ban, and parliament passes Sovereign Wealth Fund bill. Your weekly digest of the latest business news.
PNG Air
Vanuatu’s Reserve Bank rejects sale of Westpac Vanuatu to BSP, Airlines PNG invited to fly into Samoa and ‘show cause’ notice issued over slow progress of new Lae highway. Your weekly digest of the latest business news.
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.
A new director for Airlines PNG and a new country manager appointed by DHL
Key changes at Deloitte, new PNG-based director at Foyson Resources, Airlines PNG appoints director
A new chairman at Airlines PNG, two new directors at InterOil, Interim Secretary appointed at Marengo Mining
Aropa Airport on Bougainville re-opens after 24 years as the province prepares for its own time zone
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.
Record 2015 Budget and higher deficit, Sime Darby happy with 51% of New Britain Palm Oil and Marengo Mining raises funds for drilling program. Your weekly digest of the latest business news.
Failure to set up the Sovereign Wealth Fund criticised, Telikom undertakes ‘due diligence’ on EMTV, and a call to continue tax breaks for resource sector investors. Your weekly digest of the latest business news.
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.