Vanuatu’s Reserve Bank rejects sale of Westpac Vanuatu to BSP, Airlines PNG invited to fly into Samoa and ‘show cause’ notice issued over slow progress of new Lae highway. Your weekly digest of the latest business news.
In brief: Credit Corp profit down after completion of LNG plant, and other business stories
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Credit Corp profit down, companies begin closing offshore foreign currency accounts, and new air navigation system to be installed across Papua New Guinea. Your weekly digest of the latest business news.
People moves: Airlines PNG, DHL
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A new director for Airlines PNG and a new country manager appointed by DHL
People moves: Deloitte, Foyson Resources, Airlines PNG
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Key changes at Deloitte, new PNG-based director at Foyson Resources, Airlines PNG appoints director
People moves: Airlines PNG, InterOil, Marengo Mining, Digicel
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A new chairman at Airlines PNG, two new directors at InterOil, Interim Secretary appointed at Marengo Mining
Aropa Airport on Bougainville re-opens after 24 years as the province prepares for its own time zone
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The re-opening of Aropa Airport at Kieta on Bougainville is another vital part of Papua New Guinea’s national infrastructure that will create new opportunities, according to Prime Minister Peter O’Neill.
In brief: Pruaitch delivers record Budget and other business stories
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Record 2015 Budget and higher deficit, Sime Darby happy with 51% of New Britain Palm Oil and Marengo Mining raises funds for drilling program. Your weekly digest of the latest business news.
In brief: Secrecy over proposed Sovereign Wealth Fund criticised, and other business stories
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Failure to set up the Sovereign Wealth Fund criticised, Telikom undertakes ‘due diligence’ on EMTV, and a call to continue tax breaks for resource sector investors. Your weekly digest of the latest business news.
In brief: Share restructuring and recapitalisation at Airlines PNG, and other business stories
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Share buyback and recapitalisation at Airlines PNG, lucrative tuna deal signed with United States, and Digicel in talks over buying shares in EMTV. Your weekly digest of the latest business news.
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