O’Neill defends loan to buy into Oil Search, economy vulnerable unless security boosted, Manus Detention Centre focus of Abbott/O’Neill talks. Your weekly digest of the latest business news.
In brief: O’Neill defends loan, call to boost police/military, Abbott in PNG
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Memoir: Exporting along the Kokoda Trail
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Three years ago, ‘Airport Economist’ Tim Harcourt came to Papua New Guinea to see how it was coping after the global financial crisis. In this excerpt from his forthcoming book, Trading Places – The Airport Economist’s Guide to International Business, he reflects on what he found.
In brief: PNG Power price increase postponed and other stories
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PNG Power price increase postponed, InterOil timeline to be set and Rabaul needs visas on arrival. Your quick digest of the week’s business news.
Inaugural Air Niugini flight to Bali in August
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Air Niugini’s inaugural flight to Denpasar, Bali, is scheduled for 5 August 2013, as the airline seeks to extend its reach into the region.
People moves: Air Niugini, Warwick Hotels and more
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CEO confirmed for Air Niugini, a new Chief Ombudsman and ex-Airlines PNG CEO finds plumb job in India.
Papua New Guinea turns to neighbouring Indonesia
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The Papua New Guinea Government plans to have a trade representative located in Jakarta from next year, as it seeks to boost trade and business links with neighbouring Indonesia.
Around the world: Violence makes global headlines/bond issue/Kemish reflects/world’s best airport
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PNG violence makes global headlines, dollar bond issue gains traction, Ian Kemish reflects on his time as High Commissioner and Changi Airport voted ‘the best’.
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