In brief: New Lae power station being launched this week, and other business news

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Thermal power station launched this week, PNG DataCo and Telikom share fibre optics, Mainland Holdings expands wheat production. Your weekly digest of the latest business news. PNG Power’s Acting CEO Alex Oa says the new 30-megawatt thermal power station at Munum just outside Lae city in Morobe Province is expected to be commissioned this week. PPL is confident […]

Lower prices the ‘bottom line’ with Kumul Telikom reforms, says Chairman

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A major reform will see all Papua New Guinea’s state-owned telecommunications companies grouped under a single board for the first time. The Chairman of the new-look Kumul Telikom, Mahesh Patel, speaks exclusively to Business Advantage PNG about his board’s priorities for increased competition and ‘slashed’ internet prices.

In brief: Agriculture Minister says Papua New Guinea must reinvest in sector, and other business stories

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Agriculture Minister says annual investment in agriculture is just K150 million a year, call for mining sector style tax incentives for agriculture, and Leaders’ summit critically important, says O’Neill. Your weekly digest of the latest business news.

In brief: New Public Enterprises Minister to review state-owned enterprises prior to privatisation, and other business stories

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Duma to review SOEs before privatisation process, Santos reported to be selling PNG LNG stake, KCH receives study on proposed 1800MW hydro dam. Your weekly digest of the latest business news.

Telikom CEO predicts 100% Papua New Guinea telco coverage within 2 years

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The CEO of Telikom PNG predicts all Papua New Guinea will be able to connect to the Internet within two years. In a wide-ranging review of PNG’s telecommunications industry, Michael Donnelly canvasses lower prices, new investment, takeovers and the impact of competition policy.

Digicel’s new Papua New Guinea chief sees connectivity and content converging

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The new CEO of Digicel PNG believes the company will evolve into a provider of content rather than simply a provider of pipes for consumers. Formerly Pacific Regional CEO, Maurice McCarthy told Business Advantage PNG the first priority is to expand access to Digicel’s networks.

In brief: Moves to reduce internet charges and other business stories

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New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.

In brief: Total to lead Elk-Antelope gas development, and other business stories

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Joint venture elects Total as operator, PNG DataCo discusses Solomon Islands link, and WCB Resources lifts stake in gold project. Your weekly digest of the latest business news.

PNG DataCo looks to build Papua New Guinea’s communications infrastructure

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Telecommunications wholesaler PNG DataCo Limited has been set up as part of a restructure of Papua New Guinea’s telecommunications industry. Business Advantage PNG discusses its critical role with its Chairman Reuben Kautu, an entrepreneur with a strong background of commercial and strategic management, developed during roles with BP, ExxonMobil and, more recently, Telikom PNG’s subsidiary Kalang Advertising Limited.

Prepare for a ‘tsunami’ of development projects: Independent Public Business Corporation chair

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The Chairman of Papua New Guinea’s Independent Public Business Corporation (IPBC), Paul Nerau, has flagged a ‘tsunami’ of government-backed development projects worth billions of kina, including the relocation of Port Moresby’s port and gas-generated electricity.