News

Papua New Guinea businesses should expect APEC-related income streams from this October

Papua New Guinea businesses should expect income streams from October, 2017, as momentum builds towards the APEC summit in November, next year. The Director-General of the PNG APEC Authority, Sir Charles Lepani, told the Business Advantage Investment Summit in Sydney, towns outside Port Moresby will also benefit.
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Kumul Telikom urgently looking to build undersea cable to Sydney, says Chairman

Mahesh Patel, the chairman of Kumul Telikom, told the Business Advantage Papua New Guinea Investment Conference that the newly formed entity is urgently looking to build an undersea cable to Sydney. He said the aim is to reduce wholesale price by two-thirds
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In brief: Construction of industrial zone in Madang will commence soon, says O’Neill, and other business stories

Proposed K350m Pacific Marine Industrial Zone to start soon, tuna exports to the EU equal that of Thailand and Philippines, and Supplementary Budget to be 'rushed' through parliament next week. Your weekly digest of the latest business news. 
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Smartphones can transform Papua New Guinea’s economy, says futurist Mark Pesce

Smartphone technology can transform the economy, futurist Mark Pesce told the Business Advantage Papua New Guinea Investment Conference in Sydney earlier this month. He painted a long-term picture in which digital technology will allow the country to reap the benefits of the post-industrial era.
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Papua New Guinea Investment Conference ‘a resounding success’

The Business Advantage Papua New Guinea Investment Conference was held last week in Sydney, successfully showcasing the nation’s potential as an investment destination and canvassing different views from the business community about the opportunities and challenges. A clear picture of the country’s—and the Pacific region’s—great untapped potential emerged.
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In brief: Highlands Highway re-opens after a month-long blockade, and other business stories

Normal services along the Highlands Highways resume, coffee exports steady but expected to fall next year, and China approves loan for PMIZ. Your weekly digest of the latest business news.
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