In brief: Papua New Guinea’s economy has the potential to reach K200 billion in the next 10 years and other business stories

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Papua New Guinea’s Prime Minister talks business during Independence dinner, Tari Airport reopens and Treasurer Ian Ling-Stuckey on the Central Banking Act. The business news you need to know to kickstart your week.

Analysis: is phone data getting cheaper in Papua New Guinea?

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There has been much enthusiasm about new undersea internet cables in Papua New Guinea and predicted improvements in internet pricing, but is there a real change? Amanda H A Watson, Picky Airi and Moses Sakai analyse the changes in pricing for the first half of the year.

People moves: Kumul Telikom Holdings

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Kumul Telikom Holdings Limited (KTHL) names an Acting Chief Executive Officer for bmobile.

Papua New Guinea’s state-owned enterprises reveal mixed financial results

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Kumul Consolidated Holdings has released the 2018—and 2019 first quarter—financial results for Papua New Guinea’s state-owned enterprises. Business Advantage PNG investigates.

In brief: Kumul Telikom Holdings announces major price reductions on internet rates

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Kumul Telikom Holdings has slashed internet rates, Kumul Petroleum Holdings has been asked to report on its earnings since 2014, and a cable laying ship has arrived in Port Moresby to work on the Coral Sea Cable system. Your weekly digest of business news.

Six questions for Paul Komboi, Managing Director at PNG DataCo

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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.

‘Fundamental change’ needed with Papua New Guinea state-owned enterprises

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Kumul Consolidated Holdings, the holding company for Papua New Guinea’s state-owned enterprises (SOEs), has released its Year in Review. It says that 2018 has been ‘particularly difficult and challenging’ for the country’s SOEs and that a fundamental change is necessary if the enterprises are to expand.

Ten questions answered about the Coral Sea Cable System

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The Coral Seas Cable System—the undersea fibreoptic cable to be laid between Sydney and Port Moresby, and then to the Solomon Islands—will transform telecommunications in the two Pacific countries. Here we answer 10 key questions about this keenly anticipated project.

People moves: Air Niugini, Kumul Telikom, Highlands Pacific

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New MDs at Air Niugini and Kumul Telikom, a board change at Highlands Pacific.

In brief: Possible rice agreement with the Philippines, and other business stories

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A possible rice deal with the Philippines; developments in gas sales; and landowner issues. Your weekly digest of the latest business news.