A new approach to managing PNG’s economy, Manus Island detention centre to be ‘wound down’, and PNG cricketers turning professional. Your weekly digest of the latest regional business news.
Digicel (Parent company and all subsidiaries)
Despite its potential, the Papua New Guinea music industry is doing it tough. Music producers and promoters say it’s been in ‘massive decline’ for the last seven years, and without new laws and government support, that decline will continue.
Papua New Guinea’s third telecommunications operator, bmobile, has signed a partnership arrangement with the global giant, Vodafone UK. Chief Executive Officer Sundar Ramamurthy tells Business Advantage PNG what the agreement means for the company’s operations in PNG and Solomon Islands.
Mobile phone provider Digicel PNG plans to launch its own multi-station television service later this year. The move is the latest in a series of strategic moves to transform the mobile phone company into a broader based media company in Papua New Guinea.
In brief: Government prepares to relocate Moresby port to Motukea Island, and other business stories
The national government prepares to buy Motukea Port from Curtain Bros, exports of LNG could double in five years and fuel prices fall. Your weekly digest of the latest business news.
Prime Minister Peter O’Neill refuses to step aside after corruption claims, courts approve UBS loan repayments and Papua New Guinea’s financial system is worth nearly K40 billion. Your weekly digest of the latest business news.
A new national air traffic management system, Koim declares victory after jailing of MP on corruption charges and Tekikom and Digicel boost remote services. Your weekly digest of the latest business news.
PNG’s new Petroleum Minister, officials in Abu Dhabi to negotiate Oil Search bond buyback, and the cost of Manus Detention Centre detailed. Your weekly digest of the latest business news.
Corporate and residential telecommunications prices in Papua New Guinea should fall over the next year as infrastructure improves, according to senior representatives of PNG’s two leading telecommunciations companies, Telikom and Digicel.
Construction of Papua New Guinea’s national broadband network is progressing, with major milestones set be reached by mid 2015, according to technology consultant Sundar Ramamurthy, who is assisting the PNG government’s Independent Public Business Corporation on the project.