Foreign exchange rationing in Papua New Guinea: six years on

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Rohan Fox, Research Officer at the Development Policy Centre and former Lecturer at the University of Papua New Guinea, analyses PNG’s foreign exchange shortages and rationing, and explains why the problem doesn’t seem to be getting better.

Turbulent times: Papua New Guinea’s airlines rise to the challenge

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In spite of the International Air Transport Association reporting global losses for the airline industry up to US$314 billion (K1086 billion), Papua New Guinea’s carriers are keeping essential services going under the toughest business conditions.

Airport Review: Sydney

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The Kingsford Smith International Airport is Australia’s busiest and one of the oldest continuously operated commercial airports in the world.

In Brief: KAML announces half-year profit of K1.22m, and other business stories

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Kina Asset Management’s half-year net profit, Range View precinct under way, and a local tech company trials its own messaging app. Your weekly digest of the latest business news.

In brief: Total SA to start construction of LNG plant in 2018 and other business stories

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Total SA Chairman says company is planning to commence construction of LNG plant in 2018, Ramu NiCo ordered to stop operating nickel mine and Harmony Gold reports ‘continuing exploration success.’ Your weekly digest of the latest business news. The Chairman and Chief Executive Officer of oil and gas company Total SA, Patrick Pouyanné, says the company is planning to […]

People moves: Independent Public Business Corporation, PNG Power, Newcrest Mining, Virgin Australia

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A new Managing Director at the IPBC, a new Executive Director at PNG Power, Newcrest Mining appoints a Chief Development Officer and a new chair for Virgin Australia.

Airlines PNG ends Virgin codeshare

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Airlines PNG says it will concentrate on improving its domestic services, after ending a code-sharing agreement with Virgin Australia on the Port Moresby to Brisbane route.

Airlines PNG–Virgin codeshare should continue: ICCC

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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).