Oil Search back trading on PNGX, new wholesale internet prices coming and ambitions plans for PNG’s cocoa industry. Your latest summary of the business news you need to know.
PNG DataCo
The Kumul Submarine Cable lands in Bougainville , the Pasca A gas project is on its way to becoming the first offshore field development in PNG and the PNG Tourism Promotion Authority reveals the impact COVID-19 on the tourism industry. The business news your need to kickstart your week.
Telikom PNG launches a COVID-19 helpline, mining companies announce contingency plans and studies conducted at the Frieda River project site to be finalised. The news you need to kickstart your week.
The World Bank predicts lower export revenue for Papua New Guinea, fuel prices set to fall, and retailer appeals for calm. The business news you need to kickstart your week.
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.
Papua New Guinea’s new Prime Minister announces his new cabinet, PNG Air Limited enters into a code-sharing agreement with Virgin Australia and Australia commits to helping Solomon Islands develop infrastructure. Your weekly digest of business news.
Santos to become an stakeholder in the P’nyang natural gas field project, an agreement between five telecom companies seeks to advance digitisation in Papua New Guinea, and upgrades to the Muliama–to–Bakok road due to commence soon. Your weekly digest of business news.
PNG DataCo is in discussions with the operators of the new H2 undersea cable being laid between Sydney and Hong Kong. A branch line into Papua New Guinea could open up greater global connectivity as well as lower prices and improved reliability.
Data centres are gobbling up the world’s electricity, mine dumps to come clean, and growing interest in traceability. Readings from around the world on business, leadership and management.
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.