Prime Minister Peter O’Neill refuses to step aside after corruption claims, courts approve UBS loan repayments and Papua New Guinea’s financial system is worth nearly K40 billion. Your weekly digest of the latest business news.
In brief: Prime Minister resists arrest warrant and other stories
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People moves: Newcrest Mining, Marengo Mining and Airlines PNG
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New CEO for Newcrest Mining, a changing of the guard at Marengo Mining and a resignation from the board of Airlines PNG
In brief: InterOil to begin drilling new wells and other stories
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InterOil to begin eight new wells in Gulf Province, Lae business chamber calls for more fire services, and Bougainville prepares for referendum. Your quick digest of the week’s business news.
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.
People moves: Airlines PNG and Cloudy Bay Sustainable Forestry
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Airlines PNG appoints a new Chief Commercial Officer in a restructure, while there is a leadership change at Cloudy Bay Sustainable Forestry.
Airlines PNG ends Virgin codeshare
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Airlines PNG says it will concentrate on improving its domestic services, after ending a code-sharing agreement with Virgin Australia on the Port Moresby to Brisbane route.
Airlines PNG–Virgin codeshare should continue: ICCC
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The codeshare arrangement between Airlines PNG and Virgin Australia should be allowed to continue, according to a draft decision released yesterday by the Papua New Guinea Independent Consumer and Competition Commission (ICCC).
People Moves: executive moves and changes relevant to Papua New Guinea
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Changes at Steamships/BSP Geoff Cundle will take over as Managing Director and CEO of Steamships in January 2013. He replaces David Cox. Sean Pelling will be taking over the role of Finance Director, following the departure of Eddie Ruha, who has taken on the role of Chief Financial Officer PNG at Bank of South Pacific. […]
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