Fiji-based Amalgamated Telecom Holdings has claimed it has struck a deal to acquire 70 per cent shareholding in each of Digitec Group, which operates in Papua New Guinea, Singapore and Australia. Analysts say the Fijian company could seek a partnership with an existing mobile operator in PNG.
Latest news
The latest business news from Papua New Guinea and the region
Oil and LNG have remained steady but the gold price rises and coffee is up. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
Prime Minister James Marape told the 2nd Speaker’s Investment Summit in Port Moresby last week that the government would move quickly address ‘misunderstandings’ about the US$10 billion Papua LNG project.
Prime Minister James Marape has announced the names of his new Vice-Ministers, Air Niugini to take up the Cairns-Hong Kong route via Port Moresby and SP Brewery opens a cassava plant. Your weekly digest of business news.
Papua New Guinea’s agricultural industries have great potential but operators have to learn to fend for themselves. That was the message at the 35th Australia Papua New Guinea Business Forum & Trade Expo in Port Moresby.
Papua New Guinea Prime Minister James Marape makes his first provincial visit, the Attorney General Davis Steven moves to establish an Independent Commission Against Corruption (ICAC) and companies that don’t comply with the Independent Consumer and Competition Commission (Amendment) Act could face automatic penalties. Your weekly digest of business news.
The new cabinet announced by Prime Minister James Marape has many sound choices, according to Paul Barker, Executive Director of the Papua New Guinea Institute of National Affairs. He tells Business Advantage PNG that there is optimism in the business community about the new government.
Papua New Guinea’s new Prime Minister announces his new cabinet, PNG Air Limited enters into a code-sharing agreement with Virgin Australia and Australia commits to helping Solomon Islands develop infrastructure. Your weekly digest of business news.
For the first time since APEC 2018, the eyes of the world’s media have been on Papua New Guinea, this time reporting on the resignation of Peter O’Neill and the emergence of new Prime Minister, James Marape. Business Advantage PNG examines how the political transition was reported internationally.
Papua New Guinea’s new Prime Minister James Marape has given the first indications of the changes his government will be making to the country’s business environment.