Undersea fibreoptic cables are set to revolutionise internet connectivity in Papua New Guinea and the responsibility for that infrastructure locally falls to PNG DataCo. Managing Director Paul Komboi updates Business Advantage PNG on the Kumul Submarine Cable Network, and outlines the state-owned telco’s long-term strategy.
The Papua New Guinea State has signed the gas agreement for the US$10 billion (K33.7 billion) Papua LNG project with Total, ExxonMobil and Oil Search. The project, which will double PNG’s gas production, represents the second-largest foreign direct investment ever in the country.
With regulatory approval finally received for ANZ’s sale of its retail banking assets in Papua New Guinea, ANZ PNG’s Chief Executive Officer Mark Baker talks to Business Advantage PNG about the bank’s future plans in the country.
The Port Moresby Chamber of Commerce and Industry, Papua New Guinea’s largest business chamber, has a new Chief Executive Officer. In an exclusive interview with Business Advantage PNG, Stacey O’Nea shares her plans for the future.
With the signing of the Papua LNG gas agreement with Papua New Guinea’s government imminent, Managing Director of Total PNG Ltd, Jean-Marc Noiray, shares his thoughts on the US$10 billion Papua LNG project with Business Advantage PNG.
In this two-part series, Ian Hetri, Digital Marketer and Co-founder at Growthsquid explains how SMEs in Papua New Guinea can build—and maintain—a brand image online.
Data costs are likely to fall by 80 per cent because of the Coral Sea Cable System, which is scheduled to be connected to Port Moresby later this year, according to Peter Williams, Chief Executive of Deloitte Digital. He believes Papua New Guinean businesses will have to rethink their approach to investment, hiring, management and technological roll out.
Equal Playing Field champions safe homes, happy families and strong communities in Papua New Guinea. The organisation tackles issues such as gender-based violence and uses sport to engage young people in its programs.
The Chief Executive of the Manufacturers Council of Papua New Guinea, Chey Scovell, has given an upbeat assessment of the prospects for the manufacturing sector. He tells Business Advantage PNG that the mood, while cautious, is becoming more optimistic.
Port Moresby’s electricity generation capacity is set to almost double, with the advent of two new independent power producers, Dirio Gas & Power and NiuPower. For the first time, gas will be used for domestic power supply in Papua New Guinea—but challenges remain.