This month, global gold, copper and silver prices hit lows not seen for over two years, causing commentators around the world to suggest that the global mining boom, driven largely by demand from China, is over. How could this effect Papua New Guinea?
PNG violence, Vodafone in Madrid, PNG criticised for mining delays, the gold crash leads to a gold rush, and much more news from around the world
Akamai’s quarterly The State of the Internet study has become a valued measure of the proliferation of the worldwide web over the past five years. Its latest edition, covering the last quarter of 2012, was released last week.
The transformation of Bemobile mobile phone company following last week’s reported restructure has begun, with Bemobile’s Regional CEO for Papua New Guinea and Solomon Islands, Pradeep Lal, already in PNG to take the reins, and a contract to roll out 300 more towers in place.
The dream of high speed broadband in Papua New Guinea has taken a step closer, with the completion of a fibre-optic cable connecting Gulf Province with the ExxonMobil-run PNG LNG plant, 20km north of Port Moresby.
Major changes at Bemobile as Vodafone steps in to take over, while Westpac MD and InterOil CEO announce departures.
PNG violence makes global headlines, dollar bond issue gains traction, Ian Kemish reflects on his time as High Commissioner and Changi Airport voted ‘the best’.
Corruption is often singled out as a key issue facing business in Papua New Guinea. How is it being addressed? Business Advantage PNG asked the man leading PNG’s fighting against corruption, lawyer Sam Koim—the Chairman of Task Force Sweep.
The Papua New Government is apparently exploring the option of a US dollar bond issue to help finance its investment in infrastructure, according to several financial market sources.
Mobile phone competition in Papua New Guinea and Solomon Islands is about to get tougher, after a deal which will see about US$250m (K550 million) in new funding for PNG’s second carrier, BeMobile, which will see it relaunched as Vodafone BeMobile.