In brief: New Porgera Limited close to applying for special mining lease and other stories

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Barrick executives visit Papua New Guinea for talks about a Special Mining Lease for Porgera, PNG welcomes back cruise ships, and Department of Trade and Investment to become a ‘one-stop shop’ for foreign investments. Your business news in a nutshell.

People moves: Solomon Airlines

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Senior executive rejoins Solomon Airlines.

In brief: Papua New Guinea aims to strengthen business relationship with United Kingdom, and other business stories

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O’Neill wants PNG to take advantage of global business opportunities, Australia provides additional development funds, and Air Niugini outsources Lihir airport services. Your weekly digest of the latest business news.

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: Government to deliver military infrastructure upgrades, and other business stories

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The PNG Government plans to rebuild the country’s military barracks by 2017, InterOil halts drilling at Wahoo-1, and Bank of South Pacific plans share buyback. Your weekly digest of the latest business news.

Seventy Papua New Guinea delegates at Solomon Islands’ trade fair

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More than 70 business delegates representing 53 Papua New Guinea companies from various industries are participating in a trade show in the Solomon Islands this week.

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 […]