BUSINESS

Minister Maru plans PNG Power reform agenda and salvage cash-strapped SOE PPL

Minister for PNG Power Richard Maru has pledged sweeping reforms to restore the financially troubled state-owned utility, saying his immediate priority is to return...

Solomon Airlines resumes Port Moresby-Honiara flights after 15-year break

As Solomon Islands is celebrating its 48th Independence anniversary, the Solomon Airlines has resumed direct flights between Port Moresby and Honiara after a 15-year hiatus. This...

Solomon Airlines launches special airfare sale with new Port Moresby-Honiara service; one-way K980, return K2030

Solomon Airlines has launched a special international airfare sale to mark the commencement of its new Port Moresby-Honiara service and the Solomon Islands’ 48th...

PNG’s Economic Growth stays strong: Westpac reports

Westpac’s latest PNG Economic Update and Outlook says PNG’s growth outlook remains strong, supported by ongoing activity in agriculture, industry and services. The report forecasts...

PNG’s Forex flow has improved: Westpac report says

Foreign exchange liquidity in PNG has improved significantly, helping businesses and supporting private sector lending, according to the Westpac’s latest PNG Economic Update and...

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