Pacific Trade Invest (PTI) Australia, an agency of the Pacific Islands Forum Secretariat, has launched its 2021 Annual Report. Despite the harsh climate, the report highlighted more than A$27 million in export sales and 17 investment deals brokered in the area. In the aftermath of COVID-19, PTI Australia continues to engage with businesses in Papua ...
PNG DataCo Limited (DataCo) chief executive officer Paul Komboi says there will be a planned outage on the Coral Sea Cable System (CS2) between Port Moresby and Sydney from May 14 to 21. However, according to Komboi, the date might be pushed back to October. “DataCo management has considered this outage a critical precautionary measure to mitigate s...
Photo: Digicel mobile towers in Papua New Guinea. Credit: Jason South The possibility of Vodafone, Digicel, and Telikom PNG sharing towers is still being discussed. Mr Lal stated that Vodafone had first discussed tower leasing and sharing with both Digicel and Telikom/BeMobile, but that no viable agreements had been reached, prompting the company to...
Photo: Qantas has resumed its operations after more than two years. On Friday, April 22, 2022, services resumed with the arrival of flight QF057 and the departure of flight QF058. Qantas flew to Papua New Guinea to bring supplies to the front lines during World War II. Qantas began flying from Australia to Port Moresby and Lae in 1945, where the...
According to Vodafone PNG, the country's third mobile operator would spend K3 billion in the country, offering chances for Papua New Guineans in terms of growth, prosperity, job creation, and telecommunications affordability and accessibility an official said. Regional chief executive officer Pradeep Lal said the telco (telecommunications company) was ...
Since 2020, international shipping rates for general and containerised cargos have climbed dramatically, having a considerable influence on domestic products pricing. According to statistics accessible to the ICCC, the surge in maritime freight prices was caused by the COVID-19 epidemic and trade imbalances, which resulted in international container sh...
Despite no new resource projects coming online, Prime Minister James Marape claims that the country has been able to report positive growth. According to the Asian Development Bank (ADB), the country's GDP would increase by 3.4 per cent this year and 4.6 per cent next year. Marape stated that the government was handling a debt to GDP (gross domestic...
Photo: PM Marape congratulating Sohe MP Hon. Henry Amuli on his appointment as Minister for Commerce and Industry Minister for Environment Conservation and Climate Change Hon. Wera Mori has been decommissioned by Prime Minister Hon. James Marape in a Cabinet reshuffle made recently (April 13 2022). PM Marape also announced the reshuffle of Minister ...
PM James Marape has given his gratitude to Her Royal Highness Princess Anne for her three-day Royal Visit to honor the Queen's 70th Platinum Jubilee Anniversary. The Princess Royal was brought to Port Moresby by her husband, Vice-Admiral Sir Timothy Laurence. “I thank Her Royal Highness Princess Anne for visiting Papua New Guinea, a country which is...
Photo credit: RNZ - Timothy Masiu According to Information Communications Technology Timothy Masiu, the introduction of two new telecoms providers into the nation would likely lower internet rates. According to Masiu, internet rates in the country are not falling as quickly as planned. However, he believes that once Telstra and Digitec-Vodafone j...
Photo credit: Mick Tsikas - Telstra Logo Following the approval of Telstra's purchase of Digicel PNG Ltd, the country would benefit from K200 million in capital expenditures in the telecommunications industry over the next two years. The National Information and Communications Authority (Nicta) has given Telstra final approval to transfer licensing ...
Following the recent signing of stakeholder agreements, more than 3,000 workers will be employed when the Porgera mine reopens. “Over the next couple of weeks, the company will hire 3,100 people, most of them Papua New Guineans, (who) will head back to Porgera valley, open the gate and start digging the ground,” State negotiation team chairman Dairi Ve...
Photo credit: Costplan Group The 1600-meter runway at Nadzab Airport has been finished, with another 800 meters to be renovated by the end of the year before it is completely operational. The final 800 meters of the runway, according to Oriental Consultants Global architect Satoru Ijiri, should be entirely improved by the end of this year. He st...
Photo credit: Post Courier - Treasurer Ian Ling-Stuckey Treasurer Ian Ling-Stuckey said the Papua New Guinea government had launched a K350 million package to assist households with the rising cost of living. He stated that the government will do so responsibly, striving at a temporary decrease with expenditures restricted to K350 million as part o...
Photo credit: Asian Development Bank After 2 years of recession caused by the coronavirus disease (COVID-19) pandemic, the Pacific is expected to return to positive growth this year, according to the Asian Development Outlook (ADO) 2022, ADB’s flagship economic publication, which was released today. The economies of ADB’s Pacific developing member c...
According to James Marape, the 2022 General Election will go place as planned and will not be postponed. He stated this to calm worries that the polls will be postponed, which had been fueled by speculation and bogus news on social media. “The elections will not be delayed and will go ahead as scheduled,” PM Marape said. “We are working together ...
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