Business Briefs

® Papua New Guinea’s accountants are forming a national society of accountants. At present the profession there has a branch of the Australian Society of Accountants. A draft ordinance has been approved by the Treasury and the Law Department.

The next moves are for the ordinance to go to cabinet and eventually the House of Assembly. The aim is that the society, once established, will regulate the conduct of accountants, maintain professional standards of ethics, and generally keep members aware of developments in accountancy elsewhere. • Polynesian Airlines and Air Pacific are now offering “Polynesian Triangle” fares which may be used in conjunction with another excursion fare. The cost is about SAIIO and covers Fiji, Western Samoa and Tonga. There are eight alternative routings. Stopovers are required in the three countries. There is no period of stay requirement, • The New Hebrides has clamped down on the illegal export of crayfish following reports that hundreds of kilos of live crayfish, collected at night, have been sent from Santo to New Caledonia, where there is a big demand for this marine delicacy.

Now they may not be exported with out a permit. Breaches of the law will involve fines up to 50,000 French Pacific francs for a first offence, and double that for a second offence. ® The Cook Islands is having a good season for citrus. Deliveries to Island Foods Ltd factory for proces sing are higher than expected and the quantity is the biggest since 1969.

Production is expected to break all records this year. The return has been put as high as 200,000 cases after harvest of the late Valencia crop.