In brief: Highlands Highway upgrade funding details still to be worked out, and other business stories

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Prime Minister says funding details of Highlands Highway upgrade yet to be finalised, parliament considering outlawing roadblocks, and Telikom replaces CDMA network. Your weekly digest of the latest business news.

Opinion: Is your business at risk from disruption?

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Businesses often don’t realise that they are vulnerable to attacks from disruptive new players until it is too late. Andrew Wilkins considers some of the strategic issues created by creative disruption.

New exchange may see internet costs in Papua New Guinea fall, says analyst

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While a consultancy’s report has shown that internet costs in Papua New Guinea are amongst the highest in the world, prices are falling. Encouragingly, an agreement announced this week could see internet costs fall even further.

In brief: Oil Search and ExxonMobil buy gas licences in Gulf, and other Papua New Guinea business stories

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Oil Search and ExxonMobil buy into gas licences in Gulf of Papua, Sir Mick Curtain, founder of Curtain Bros, dies, and trade disagreement with Fiji resolved. Your weekly digest of the latest business news.

Papua New Guinea’s broadband network ‘on track’, but there will be challenges, says analyst

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The rollout of PNG’s National Transmission Network is on track for completion later this year. It will transform the nation’s digital highway, but that does not mean there will not be challenges, telecommunications analyst Henry Lancaster tells Business Advantage PNG.

Entrepreneurs: Local developer’s mobile apps making it easier to do business in Papua New Guinea

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From self-service to bringing buyers and sellers together, software developer Shadrach Jaungere’s smartphone apps are making it easier for Papua New Guineans to do business. And there are more to come, reports Kevin McQuillan.

In brief: Bank of Papua New Guinea seeks K793 million loan to assist foreign exchange backlog, and other business stories

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Central bank seeks temporary loan to cover backlog of demand for foreign currency, district grants and non-tax paying companies under fire and kina to fall to its lowest level since 2003 if current rate of depreciation continues. 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.

In brief: Papua New Guinea to issue visas on arrival from next year for Australian tourists, but not business people, and other business stories

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Visas on arrival to be available for Australian tourists, Morobe Governor to suspend trading licences for shops using street vendors, and corruption cases net K25 million for government coffers. 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.