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.
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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.
The telecom giant Huawei has been blacklisted by the United States, the South Pacific Tourism Organisation has released a positive tourism report for the Pacific region and Papua New Guinea’s Minister for Agriculture introduced the Agriculture Park project to Eastern and Western Highlands provinces. Your weekly digest of business news.
Why are call rates to Papua New Guinea from overseas so expensive? The answer’s not quite as simple as you might think, as Business Advantage PNG discovered.
With money finally in the bank and an experienced hand at the helm, are the fortunes of PNG’s troubled mobile phone company Bemobile about to turn? Business Advantage PNG spoke with Sundar Ramamurthy – who last week became its ninth CEO and its fourth in a year – to find out.
Corporate and residential telecommunications prices in Papua New Guinea should fall over the next year as infrastructure improves, according to senior representatives of PNG’s two leading telecommunciations companies, Telikom and Digicel.
Time magazine looks at PNG’s sorcery killings, the Wall street looks at ExxonMobil’s ‘PNG gas grab’, submarine cables link Tonga and Vanuatu to Fiji and new PNG investment in Samoa.
The future of Papua New Guinea’s struggling mobile phone company Bemobile remains undecided, but it does seem increasingly likely that Vodafone Fiji will take over the running of the company.
Papua New Guinea’s new regulatory regime for ICT is being credited with bringing about greater competition and an expansion of services. Business Advantage spoke with Charles Punaha of the National Information and Communications Technology Authority, the industry’s regulator, to discover how.
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