Kina Assets Management Limited (KAML), Papua New Guinea’s first and only listed investment company, has announced a return of 7.2% for the first quarter of 2013.
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Kina Assets Management Limited returns up: Namaliu
14 May 2013 by
Registrations open for 2013 Papua New Guinea Advantage investment summit
9 May 2013 by
Registrations have now opened for the 2013 Papua New Guinea Advantage investment summit, to be held at The Gateway Hotel, Port Moresby, on 9 and 10 September.
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Harmony/Newcrest to cut costs
8 May 2013 by
Gold miners Newcrest Mining and Harmony Gold report are reviewing capital expenditure at their two joint venture projects in Papua New Guinea because of weak gold prices.
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Takeovers lead to consolidation in Papua New Guinea satellite market
8 May 2013 by
Late last month, Hong Kong-based satellite communications company Speedcast bought Australian satellite company Pactel International, and in a little-publicised deal, Digicel PNG purchased the country’s home-grown satellite company, Remington Communications, from the larger Remington group.
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Tradelinked helps build business links between Cairns and Papua New Guinea
8 May 2013 by
Interest in Papua New Guinea among businesses in far north Queensland, Australia, has never been higher. Business Advantage PNG dropped in on a regular PNG networking event in Cairns last week to learn more.
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PNG LNG project welcomes super freight planes
7 May 2013 by
The PNG LNG project has reached another milestone with the opening of the 3.2km-long Komo Airfield in the southern Highlands, according to Oil Search Managing Director, Peter Botten.
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Vodafone Bemobile: the work begins
24 Apr 2013 by
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.
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Papua New Guinea’s national broadband network speeding to completion
24 Apr 2013 by
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.
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Dollar bond issue for Papua New Guinea?
17 Apr 2013 by
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.
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Vodafone Bemobile to boost mobile phone competition
17 Apr 2013 by
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.
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