With successive years of financial losses, an air-crash investigation and ageing fleet, Alan Milne’s first year as Managing Director of Air Niugini was always going to be turbulent. But, 12 months later, a lot has changed.
Air Niugini MD ‘cautiously optimistic’ about a return to profitability
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11 Nov 2019 by Leave a Comment
Drum roll: a weekend of canoes and drums at Alotau
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4 Oct 2019 by Leave a Comment
Olga Fontanellaz dips her toes into the water at Alotau’s annual Kenu and Kundu Festival.
In brief: Papua New Guinea’s Prime Minister pledges to raise the country’s cash revenue to K15 billion
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18 Sep 2019 by Leave a Comment
Prime Minister James Marape has made a pledge to raise Papua New Guinea’s cash revenue to K15 billion over the next two years, Kumul Consolidated Holdings falls K400 million short from what was budgeted for 2019, and a reconciliation ceremony is proposed between the National Government and the Autonomous Region of Bougainville.
In brief: Oil and Gas Act to be amended and other business stories
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9 Sep 2019 by Leave a Comment
Changes to the Oil and Gas Act, Prime Minister James Marape has announced that he wants to get the Wafi-Golpu gold mine ‘operational at the soonest’, and opposition leader Patrick Pruaitch has presented a case to challenge Marape’s election as prime minister. Your weekly digest of business news.
Review: Cairns International Airport
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30 Aug 2019 by Leave a Comment
Cairns International Airport has a coastal location on the northern fringe of Cairns CBD and was voted fourth from 550 contenders as the best regional airport in the 2019 Skytrax World Airport Awards.
In brief: Papua New Guinea team in Singapore to discuss Papua LNG and other business stories
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19 Aug 2019 by 1 Comment
Minister for Petroleum Kerenga Kua is in Singapore to discuss the Papua LNG agreement, Papua New Guinea’s Kumul Consolidated Holdings announces its profits for the first half of 2019, and the United Nations Development Program Pacific Office opens the first Accelerator Lab in the region. Your weekly digest of business news.
In brief: Papua New Guinea could renegotiate the terms of Papua LNG and other business stories
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29 Jul 2019 by Leave a Comment
Papua New Guinea’s Minister for Petroleum suggests there could be changes to the Papua LNG agreement, Prime Minister James Marape visit to Australia and Air Niugini to put a fleet replacement plan in place. Your weekly digest of business news.
Papua New Guinea’s state-owned enterprises reveal mixed financial results
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17 Jul 2019 by Leave a Comment
Kumul Consolidated Holdings has released the 2018—and 2019 first quarter—financial results for Papua New Guinea’s state-owned enterprises. Business Advantage PNG investigates.
In brief: Papua New Guinea’s Prime Minister appoints twelve Vice-Ministers and other business stories
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24 Jun 2019 by Leave a Comment
Prime Minister James Marape has announced the names of his new Vice-Ministers, Air Niugini to take up the Cairns-Hong Kong route via Port Moresby and SP Brewery opens a cassava plant. Your weekly digest of business news.
In brief: Prime Minister James Marape visits Lae and other business stories
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17 Jun 2019 by Leave a Comment
Papua New Guinea Prime Minister James Marape makes his first provincial visit, the Attorney General Davis Steven moves to establish an Independent Commission Against Corruption (ICAC) and companies that don’t comply with the Independent Consumer and Competition Commission (Amendment) Act could face automatic penalties. Your weekly digest of business news. Last week, Prime Minister James […]
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