People moves: Insurance Commission and Air Niugini

Welcome,

Government appoints an acting Insurance Commissioner, and a departure at Air Niugini The government has appointed Raho Samuel as Acting Insurance Commissioner. *** Michael Boyacii, Executive Manager Customer Affairs, has left Air Niugini. 

In brief: Vote on revised InterOil takeover bid in February, and other business stories

Welcome,

InterOil shareholders to vote on revised takeover bid by ExxonMobil in February, government debt rises in September quarter, Oil Search and Kumul Energy to evaluate proposed power projects. Your weekly digest of the latest business news.

Air Niugini to commence flights to Townsville in March

Welcome,

National airline Air Niugini is set to commence bi-weekly flights to Townsville in the Australian state of Queensland from March 2017. The move strengthens Port Moresby’s Jacksons International Airport status as a regional aviation hub.

In brief: BSP Chairman says dual listing on ASX ‘speculative’, and other Papua New Guinea business news

Welcome,

Papua New Guinea’s largest bank considers dual listing, ADB outlook for PNG ‘positive’, and Santos restructures. Your weekly digest of the latest business news.

In brief: Supplementary Budget in January to address tax measures, and other business stories

Welcome,

Treasurer says Supplementary Budget will review tax measures proposed in the 2017 Budget, sufficient geothermal power in PNG for years to come, and Philippines asked to ban fishing companies operating in PNG. Your weekly digest.

In brief: Trade official asks why Papua New Guinea spends K5 million annually on imported clothes, and other business stories

Welcome,

Call for garment and textile sector to replace imported clothes, beneficiary groups intending to petition the Government over equity in PNG LNG, solar power could be the answer to Lae’s power problems. Your weekly digest of the latest business news.

Opinion: how the digital world is taking over business

Welcome,

Marketing never stays still. Robert Hamilton-Jones returns to the city of his birth to find out how digital technology is raising customers’ expectations to new heights.

In brief: Newcrest sells Hidden Valley stake to Harmony and other business news

Welcome,

Newcrest Mining sells its Hidden Valley stake to Harmony Gold, group marketing of coffee exports to South Korea and an agreement to ban harmful fisheries subsidies. Your weekly digest of the latest business news.

Asian Development Bank puts case for greater private involvement in state-owned enterprises

Welcome,

Increasing private sector involvement in Papua New Guinea’s state-owned enterprises (SOEs) would be a ‘powerful mechanism’ for improving the sector’s efficiency, according to a new report by the Asian Development Bank.