What the Coral Sea Cable will really mean for Papua New Guinea

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The Coral Sea Cable from Sydney to Port Moresby, which will greatly increase internet speeds in Papua New Guinea, will be ready for commercial use in 2020. But according to a panel at the Innovation PNG 2019 conference, it will raise as many questions as answers.

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In brief: Ramu Nico Mine opens after temporary closure and other business news

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Ramu Nico Mine resumes operations, Chile’s president cancels the 2019 APEC Leader’s Week, and Bank South Pacific releases its third quarter results. Your weekly digest of business news.

Digicel executive outlines ‘aggressive’ plans to take advantage of new cable link

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The Regional Director of Digicel Pacific, Paul Statham, says the company has ‘aggressive’ plans to expand its offerings when the submarine fibre cable from Australia to Papua New Guinea is built. He says these innovations will especially benefit business.

Digicel Chairman says Papua New Guinea ‘fantastic’ location for investment

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The Chairman and founder of telecommunications company Digicel, Denis O’Brien, describes Papua New Guinea as a vibrant country that is a ‘fantastic location’ for investors. But he says the physical terrain also made it his company’s most challenging market.

In brief: Newcrest revises Wafi-Golpu plan, and other business stories

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Newcrest plans larger development at Wafi-Golpu, O’Neill confident Papua New Guinea will recover from quake and loan to cover government superannuation debt. Your weekly digest of the latest business news.

In brief: Employment Act review underway, and other business stories

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Employment and IR laws under review, Police Commissioner appeals for end to blockade of Highlands Highway, and new Agriculture Minister promises to pursue K20m for coffee borer repair. Your weekly digest of the latest business news.

People moves: Ok Tedi Mining, Digicel, Media Council

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Three women appointed to senior roles at Ok Tedi Mining,  a new CEO at Digicel, a new executive at the Media Council Ok Tedi Mining has appointed three women to managerial roles. Hillary Turnamur has been appointed Manager, Kiunga Operations, Beverley Pasen as Manager, ICT, and Chantel Christensen as Manager, Contracts and Compliance. *** Digicel PNG […]

In brief: Total to build separate LNG pipeline, and other business stories

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Competition concerns prompt Total to build separate LNG pipeline, NICTA chief admits PNG has no cyber attack defence mechanisms, and BCL to step up community engagement. Your weekly digest of the latest business news.

Singapore emerging as a regional option for Papua New Guinea companies

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Businesses in Papua New Guinea seeking to establish a presence in the Asian region are increasingly looking at Singapore as a stepping-stone to expand their market reach or increase their shareholder base. There is also growing interest from Singapore-based businesses looking at the PNG market.

In brief: CPL recovering from fire at headquarters and warehouse, and other business stories

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‘Too early’ to identify cause of fire at country’s largest retailer’s headquarters and warehouse, assessment of submarine cable underway, and Competition Commission says InterOil takeover may affect market for pipelines. Your weekly digest of the latest business news.