Global telecommunications company Speedcast has been working in Papua New Guinea for over 12 years. Tony Waters, Senior Sales Director, says the advances in satellite communication could mean high-speed internet access at a good price for the country’s 22 provinces.
The annual Business Advantage/Westpac PNG 100 CEO Survey has captured the depth of the COVID-19 crisis and the sense of uncertainty that exists among businesses in Papua New Guinea. Westpac’s Senior Economist Justin Smirk takes a closer look.
It will take ‘the next two to three years’ before PNG Air, Papua New Guinea’s second domestic airline, can foresee a return back to pre-COVID levels of business activity, according to statement issued to Papua New Guinea’s stock exchange yesterday.
2021 promises to be a year like no other in Papua New Guinea, as business leaders look beyond the COVID-19 crisis to an economy preparing for a major transition. They share their expectations with Andrew Wilkins.
The vision for reforming Papua New Guinea’s power sector is becoming clearer, with power auctions likely to play a major role in driving down electricity prices and helping the country meet its future electricity needs.
Kumul Petroleum has announced that the PNG government has negotiated an additional seven per cent equity with future joint venture projects with Total after ‘remobilisation talks’ regarding the Papua LNG project in Paris last week.
Last Thursday, Business Advantage PNG hosted a special Papua New Guinea Telecommunications Update with the CEO of PNG DataCo Ltd, Paul Komboi, and telecommunications expert, Dr Amanda Watson. Here are five take-homes from the event.
There are signs of a renewed effort to push ahead on the Total-led Papua LNG project after successful meetings between the company’s CEO and a senior government delegation.
There will be a ‘big shift’ for PNG businesses when they start using cloud technology. Steven Hillyard, General Manager of Pronto Software explains some of the benefits to Business Advantage PNG.
Eric Mossman has stepped into the country’s top tourism job as the Chief Executive Officer of the Papua New Guinea Tourism Promotion Authority (PNGTPA), and he may be the man to lift it out of the COVID-19 downturn.