Hopes are high in Papua New Guinea’s telecommunications industry that internet services are finally about to become more accessible and more affordable.
ICT reform delivers business benefits
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1 Sep 2012 by Leave a Comment
Information and communications technology has received a much-needed shake-up in Papua New Guinea. The first phase of PNG’s information and communications sector deregulation occurred with the issuing of a mobile phone licence to privately-owned Digicel PNG in July 2007. Digicel immediately started to compete aggressively with state-owned incumbent, Telikom PNG. Mobile phone coverage in PNG […]
Reaching out to the unbanked
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1 May 2012 by Leave a Comment
Papua New Guinea’s strong financial services sector is becoming ever more sophisticated in servicing both the mass-market and premium ends of the market. ‘PNG continues to have a very, very strong banking sector. We are very lucky here to have the banks that we do. Investors want that, and they often don’t expect that there’s […]
The rise of PNG’s private sector
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1 May 2012 by Leave a Comment
IFC, the private sector development arm of the World Bank Group, has increased its presence in Papua New Guinea. Business Advantage talks to IFC’s Resident Representative in PNG, Carolyn Blacklock, about taking PNG’s private sector to the next level. What is the status of the IFC’s own investment portfolio in PNG? We continue to work […]
Connecting Western Province to the world
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1 Mar 2012 by
An ambitious and transformative project has commenced to bring 21st century communications to the rural areas of Western Province for the first time. Western Province is remote, even for Papua New Guinea, and its sparsely distributed population and business community has, until recently, faced particular challenges in communicating not only across province but with other […]
Banking services reach Papua New Guinea’s rural population
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1 May 2011 by Leave a Comment
With mobile phone use now widespread in PNG, the country’s largest bank is aiming to bring financial services to the ‘unbanked’ in PNG’s rural areas for the first time—an initiative that is expected to drive small business development. PNG-based Bank South Pacific (BSP), the Pacific’s largest bank, will this year ramp up its rural banking […]
Papua New Guinea’s ICT evolution
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1 May 2011 by Leave a Comment
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. As most companies that do business there will tell you, while it can be very rewarding, Papua New Guinea is a demanding environment in […]
Madang Resort Hotel
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1 May 2008 by Leave a Comment
It’s no surprise to discover that the Madang Resort Hotel is Papua New Guinea’s oldest because that explains how it came to secure such a spectacular location. The 15-acre site, replete with orchid gardens and indigenous wildlife, has absolute water frontage onto Dallman Passage, beautiful Madang Harbour and Yamilon Lagoon. Guests in the executive suites […]
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