In brief: Newcrest output at Lihir ‘below expectations’ despite improvement, and other business stories

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Production issues hit Newcrest, Digicel launches cloud-based product, and Mitsui delivers PNG LNG carrier. Your weekly digest of the latest business news.

In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories

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Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.

Two new Papua New Guinea TV players launch pay and free-to-air channels

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The two new players in Papua New Guinea’s TV industry this week began selling their set top boxes as they launched a total of 54 new free-to-air and pay channels.

In brief: O’Neill declares PNG moving towards a new regime of ‘managed economic growth’ and other business stories.

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A new approach to managing PNG’s economy, Manus Island detention centre to be ‘wound down’, and PNG cricketers turning professional. Your weekly digest of the latest regional business news.

‘Massive decline’ of Papua New Guinea’s music industry, say key players

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Despite its potential, the Papua New Guinea music industry is doing it tough. Music producers and promoters say it’s been in ‘massive decline’ for the last seven years, and without new laws and government support, that decline will continue.

Agreement with Vodafone UK will allow bmobile to expand and compete, says Ramamurthy

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Papua New Guinea’s third telecommunications operator, bmobile, has signed a partnership arrangement with the global giant, Vodafone UK. Chief Executive Officer Sundar Ramamurthy tells Business Advantage PNG what the agreement means for the company’s operations in PNG and Solomon Islands.

Digicel PNG plans television network as it expands its mobile network

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Mobile phone provider Digicel PNG plans to launch its own multi-station television service later this year. The move is the latest in a series of strategic moves to transform the mobile phone company into a broader based media company in Papua New Guinea.

In brief: Government prepares to relocate Moresby port to Motukea Island, and other business stories

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The national government prepares to buy Motukea Port from Curtain Bros, exports of LNG could double in five years and fuel prices fall. Your weekly digest of the latest business news.

In brief: Prime Minister resists arrest warrant and other stories

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Prime Minister Peter O’Neill refuses to step aside after corruption claims, courts approve UBS loan repayments and Papua New Guinea’s financial system is worth nearly K40 billion. Your weekly digest of the latest business news.

Telecommunications price falls will continue in Papua New Guinea, say Digicel and Telikom

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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.