Outstanding foreign exchange orders almost K1.5 billion according to Bank of PNG, Newmont makes offer for Newcrest Mining, and progress on Porgera gold mine. Your business news digest.
In brief: Outstanding foreign exchange orders almost K1.5 billion says Central Bank and other business stories
Welcome,
19 Apr 2023 by Leave a Comment
Five questions for Danny Chew, CEO of Vodafone PNG
Welcome,
12 Apr 2023 by 1 Comment
On the cusp of the Vodafone PNG’s first anniversary, Business Advantage PNG caught up with recently-appointed CEO, Danny Chew. He reflects on how the new entrant has changed the dynamics of Papua New Guinea’s telco market, and shares what’s in store.
New players in Papua New Guinea’s telco sector drive expansion & competition
Welcome,
21 Mar 2023 by Leave a Comment
The recent arrival of two major international players into Papua New Guinea’s telecommunications sector has provided it with a timely boost – and a platform for much-needed growth.
In brief: Central Bank pledges to increase monthly forex release to the market
Welcome,
28 Feb 2023 by Leave a Comment
The Bank of Papua New Guinea to increase monthly forex release by US$40 million, Kumul Petroleum Holdings to supply energy to Special Economic Zones, and key PNG corporates post encouraging 2022 results. Your business news in brief.
Reaching the last mile: satellite telecommunications in Papua New Guinea
Welcome,
24 Aug 2022 by 3 Comments
The broadband satellite operator Kacific Broadband Satellites Group was created to deliver affordable and reliable internet to the Pacific and South East Asia. Business Advantage PNG spoke with CEO & Founder Christian Patouraux to discuss the future of satellite connectivity in the Pacific.
Vodafone’s K3 billion investment to expand Papua New Guinea’s telco market
Welcome,
27 Apr 2022 by 11 Comments
Papua New Guinea finally has a third telecommunications player, following the launch of Vodafone PNG last week. Talking exclusively to Business Advantage PNG, Vodafone’s Regional CEO Pradeep Lal outlines the telco’s ambitious plans.
Digicel Pacific to be purchased by Telstra ‘in partnership’ with the Australian Government
Welcome,
26 Oct 2021 by 1 Comment
A US$1.6 billion (K3.51 billion) deal has been struck for Australia’s largest telco to acquire Digicel Pacific, Papua New Guinea and the Pacific’s largest telecommunications business.
In brief: Papua LNG scheduled to commence in 2027 and other business stories
Welcome,
20 Oct 2021 by 1 Comment
Total E&P’s MD outlines Papua LNG schedule, the Internal Revenue Commission signs Memorandum of Agreement with the SME Corporation and Air Niugini to resume services to Sydney. The business news you need today.
Bridging the digital divide in Papua New Guinea ‘not impossible any more’, says PNG DataCo’s CEO
Welcome,
24 Mar 2021 by 1 Comment
Businesses in Papua New Guinea should be looking to take advantage of cloud technology according to Paul Komboi, Chief Executive Officer of PNG DataCo. He said the technology is expected to be launched this year.
In brief: ADB approves K87 million telecommunications investment in Papua New Guinea and other business stories
Welcome,
7 Sep 2020 by Leave a Comment
The Asian Development Bank approves a multi-million kina investment in telecommunications in Papua New Guinea, Investment Promotion Authority looks to make doing business easier, and Fortescue Metal Group announces plans for hydropower projects in PNG. The business news you need to kickstart your week.
USD 0.2634
AUD 0.4094
GBP 0.2127
EUR 0.247
NZD 0.4457
JPY 40.76
SGD 0.3586
Recent readers’ comments