Call for government to lower interest rates, inflation rises and Air Niugini reduces fuel surcharge. Your weekly digest of the latest business news.
Air Niugini and PNG Ports for partial sale: Papua New Guinea zeros in on its state-owned enterprises
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17 Sep 2014 by 3 Comments
First Air Niugini, then PNG Power … then PNG Ports and the National Airports Corporation? The Papua New Guinea government is embarking on a grand plan to reinvigorate state-owned enterprises. But privatisation is not the only option to ensure SOEs function as viable entities.
Raft of privatisations to come says Papua New Guinea Prime Minister, Peter O’Neill
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11 Sep 2014 by Leave a Comment
The partial privatisation of Air Niugini will be the first in a series of privatisations. Opening the 2014 Papua New Guinea Advantage Investment and Infrastructure Summit in Port Moresby this week, Prime Minister Peter O’Neill said removing government ownership will reduce waste, inefficiencies and corruption.
Program firms up for Papua New Guinea Advantage Summit
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13 Aug 2014 by
September’s Papua New Guinea Advantage Investment and Infrastructure Summit looks like being the largest ever, with delegate registrations up and a very strong roster of high profile speakers, say organisers.
In brief: Ratings agency warning on debt and other business news
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12 Jun 2014 by
Moody’s warns debt could prompt downgrade, tax review committee considers capital gains tax and an EU warning to curb illegal fishing in PNG. Your weekly digest of the latest business news.
People moves: Water PNG, World Bank, Mayur Resources, Air Niugini
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29 May 2014 by
A new Chief Operating officer at Water PNG, a new Country Manager for the World Bank and a new Managing Director for Mayur Resources
In brief: First LNG shipment on board ship this week and other business stories
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15 May 2014 by Leave a Comment
First LNG cargo loaded this week, O’Neill announces inquiry into asset sales by PNGSDP, and more room for mobile phone operators, says NICTA. Your weekly digest of the week’s top business stories.
In brief: Emergency declared in Porgera over illegal mining and other business stories
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30 Apr 2014 by Leave a Comment
A state of emergency declared in Porgera over illegal mining, O’Neill promises to cancel illegal forestry leases and second LNG train about to begin production. Your weekly digest of the latest business news.
It’s time for consolidation and better infrastructure, says Air Niugini’s CEO
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9 Apr 2014 by Leave a Comment
Simon Foo has been with Papua New Guinea’s national airline, Air Niugini, since day one and is now its Chief Executive Officer, after 12 years as a board member. Celebrating the airline’s 40th anniversary, he talks to Business Advantage PNG about the airline’s priorities and needs for the next 10 years.
People Moves: Cardno, National Petroleum Company, Air Niugini and more
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16 Sep 2013 by
Andrew Cooper has been appointed PNG Country Manager for Cardno.
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