Papua New Guinea enters 2013 with a new government in place, a major gas project nearing completion and some ambitious development goals, reports Business Advantage PNG’s Andrew Wilkins.
Air Niugini pays dividend for a second year
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10 Apr 2013 by
Air Niugini has paid a divided of K7.6 million (US $3.5 million) to the government for the 2011 fiscal year, its second dividend since corporatisation in 1996.
First step towards direct flights between Lae and Cairns?
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27 Mar 2013 by Leave a Comment
Business people in Morobe Province are hoping a new timetable, which sees Air Niugini flying between Lae and Cairns via Port Moresby, is the first step towards direct flights between Australia and PNG’s second city.
People moves: executive moves and changes relevant to Papua New Guinea
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20 Feb 2013 by
New CEO at Air Niugini Simon Foo has been appointed acting Chief Executive Officer of Air Niugini Limited (ANL) following the departure of Wasantha Kumarasiri. Foo is a current ANL board member and a former senior executive with the airline. Former Mining Minister joins Woodlark board Sam Akoitai, Papua New Guinea’s Minister for Mining from 2002 to […]
People moves: executive moves and changes relevant to Papua New Guinea
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13 Feb 2013 by
Air Niugini CEO moves to IPBC Wasantha Kumarasiri has left his post as Chief Executive Officer of national flag carrier Air Niugini to take up the position of Managing Director of the Independent Public Business Corporation. He replaces Thomas Abe in the position. New Australian High Commissioner Deborah Stokes has been named as Australia’s next High Commissioner […]
People Moves: executive moves and changes relevant to Papua New Guinea
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29 Jan 2013 by Leave a Comment
Ross Garnaut resigns from Ok Tedi Economist Ross Garnaut resigned this month as Chairman of OK Tedi Mining Ltd, citing the difficulties of fulfilling his duties following the travel ban to PNG imposed on him by PNG’s PM Peter O’Neill in November 2012. Former PM Sir Mekere Morauta has been nominated to take over the position. He […]
Tourism: Adventure-seekers cruise in
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22 Aug 2012 by Leave a Comment
Greater access, improved accommodation and a unique culture lure greater numbers of visitors to Papua New Guinea. Visitor arrivals to Papua New Guinea grew by 12.8% in 2011 over arrivals for 2010. While many travelled to the country on business, there was also a signifiant rise in holidaymakers. Australia provided 46% of PNG’s 165,059 visitors […]
Key investment organisations in Papua New Guinea
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1 May 2011 by Leave a Comment
Two organisations worth knowing about if you’re looking to invest in Papua New Guinea. Investment Promotion Authority (www.ipa.gov.pg) The IPA is the first point of contact for any potential investor considering doing business in PNG. Not only is the IPA responsible for promoting PNG as a business and investment destination, including the facilitation of trade visits, […]
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