IHG set to open new hotel in Palau
IHG Hotels & Resorts on Monday signed a management agreement with Palau Coral Club to open a new hotel on Malakal Island. The proposed Hotel Indigo Palau is targeted for opening either in late 2024 or early 2025.
Day: March 2, 2023
Additional $252m needed to resuscitate economy, says Tonga PM
Tonga’s Prime Minister acknowledged the strong commitment of Tonga’s development partners and donors and said financial assistance is still needed to ensure a prosperous Tonga, on opening the Development
Indonesia vows restraint as troops surround rebels holding NZ pilot
Security forces in Indonesia’s restive Papua region have surrounded separatists holding captive a New Zealand pilot, but will exercise restraint while negotiations for his release continue, a top security official
UN head says high seas treaty must be ‘ambitious’
United Nations chief Antonio Guterres urged countries Wednesday to agree a “robust and ambitious” treaty to protect the high seas, as time starts to run out for negotiators. After 15 years of formal and informal
Kina Bank recorded net profit of K106 million last year
Papua New Guinea’s Kina Bank recorded a net profit of K106.1 million (US$30.1 million) last year — an increase of 11 percent compared to the previous corresponding period. Managing director and chief executive
CEO Alabaster exits Air Niugini
Papua New Guinea’s national airline company Air Niugini Limited’s chief executive officer Bruce Alabaster has stepped down from his position. Air Niugini chairman Sir Kostas Contantinou announced that Alabaster
