In brief: Trump election bad for exporters says Chamber President, and other business stories

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Leahy predicts pressure on kina after Trump election, ban on beche-de-mer to be lifted and financing boost for SMEs. Your weekly digest of the latest business news.

Air Niugini tells Cairns business it will increase capacity on Cairns-Port Moresby after Qantas withdraws

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Air Niugini has assured Cairns businesspeople that it will continue to cater to the business and tourism community, after Qantas confirmed that it will no longer fly the Cairns-Port Moresby route, according to Cairns business leader, Kevin Byrne.

Around the world: Pacific investment boost/Fiji trade mission/Qantas-Emirates/US apology

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IFC Vice President on Papua New Guinea Radio Australia interviews Karin Finkleston, Vice President, International Finance Corporation, about the IFC’s plan to quadruple its investments in the Pacific over the next three years. Rural electrification in PNG will be a key focus of the additional funding. Fiji trade mission to PNG The Fiji Times reports […]

Qantas’ alliance with Emirates

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Qantas is on the verge of finalising a new major alliance with Emirates. What does that mean for its customers? Qantas proposed new alliance with Emirates is not expected to affect its Papua New Guinea services (including its code-share services with Air Niugini from Brisbane and Qantaslink services from Cairns), nor its domestic services in Australia. However, for […]

Tourism: Adventure-seekers cruise in

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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 […]