Nine new vice-Ministers appointed to the NEC, a new director at Bank South Pacific, a new CEO at Nambawan Super, an acting General Manager at RD Tuna Canners, and new General Managers at Fuji Xerox and Remington Technology
Remington
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 work in progress’ is how Brett Andrew describes his rebuilding of the decades-old Papua New Guinea finance firm, RIFL.
Late last month, Hong Kong-based satellite communications company Speedcast bought Australian satellite company Pactel International, and in a little-publicised deal, Digicel PNG purchased the country’s home-grown satellite company, Remington Communications, from the larger Remington group.
As Business Advantage’s PNG 100 CEO Survey reveals, leading companies are performing exceptionally in spite of facing an array of severe impediments. We take a closer look at some of the daily challenges faced by companies doing business in Papua New Guinea and find out how they are overcoming them.
Information and communications technology (ICT) reform in Papua New Guinea is not only delivering cheaper prices and stronger competition: it is also helping businesses devise a new generation of innovative services.
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