In brief: moves to reserve small business for locals, Ok Tedi orders stayed and BSP profits up

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Moves to reserve small businesses for locals, Court rescinds orders preventing Ok Tedi from dumping waste and BSP records 11% profit increase. Your digest of the week’s business news.

Papua New Guinea’s national broadband network speeding to completion

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The dream of high speed broadband in Papua New Guinea has taken a step closer, with the completion of a fibre-optic cable connecting Gulf Province with the ExxonMobil-run PNG LNG plant, 20km north of Port Moresby.

Will 2013 be the year of broadband in PNG?

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Hopes are high in Papua New Guinea’s telecommunications industry that internet services are finally about to become more accessible and more affordable.