After five years as ‘boss bilong BSP’, Ian B Clyne completes his five-year appointment as the CEO of PNG’s largest bank at the end of this month. Business Advantage PNG caught up with him for one final chat.
The global media revolution has arrived in Papua New Guinea, with local television company EMTV transforming from a traditional broadcaster into one in step with the digital age.
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?
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.
At age 29, Travers Chue is an enthusiastic backer of Papua New Guinea’s fledgling café society. But as Rod Myer reports, his family’s entrepreneurial flair is also seeing the business expand.
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.
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.
Papua New Guinea enters 2013 with a new government in place, a major gas project nearing completion and some ambitious development goals, reports Business Advantage PNG’s Andrew Wilkins.
Business Advantage PNG spoke with PNG Ports’ Chief Executive Officer, Stanley Alphonse, about PNG Port’s return to profitability and its ambitious plans for the future.