Place your Ad Here!

Submarine cable soon to launch

by PNG Business News - June 18, 2019

Economic activity will get a major boost when the Coral Sea Cable System is completed later this year. Internet users in Papua New Guinea will have access to improved internet access when the K331 million (AU$136.6 million) International Submarine Cable project linking Papua New Guinea, Solomon Islands and Australia is completed.

The Coral Sea Cable System will link PNG, Solomon Islands and Australia and is being jointly funded by the Australia and PNG governments.

When it comes on line, with commissioning earmarked for November 2019, the cable system will link Port Moresby to Sydney and increase the communications bandwidth capacity up to a massive 20Tb/second.

The advent of the cable system will ease PNG’s dependence on expensive satellite connectivity and unreliable ageing, congested infrastructure, thus boosting connectivity and improving access.

PNG’s National Executive Council had approved the Domestic Submarine Cable network to provide reliable, affordable and consistent in-country communications connectivity to existing networks.

Currently, the country’s communications systems rely on limited bandwidth microwave connections or expensive satellite connectivity.

A domestic fibre cable system will allow the rest of the country the opportunity to experience fast, affordable communications.

The Government secured a loan from China’s EXIM Bank to fund the Domestic Submarine Cable network, estimated at US$ 270 million (K879 million) – the Government is putting forward 15% of the cost while the EXIM Bank loan covers for 85%. DataCo, the wholesale arm of Kumul Telikom Holdings, is the implementing agency.

The project is intended to utilize approximately 5, 600 kilometres of submarine fibre optic cables to connect at least 15 coastal and maritime provincial centres across Papua New Guinea. The cable is manufactured in China and had been delivered to PNG by the end of October 2018.

Last year, Phase 1 commenced with signing of contracts and included appointment of the main contractor and survey of the domestic system.

Kumul Consolidated Holdings (KCH) is Papua New Guinea’s flagship trustee working with the State-Owned Enterprises to improve the national landscape for potential investment. w

Related Articles


PNG Business News - October 12, 2020

PIH-Nasfund Healthcare Partnership: Promoting Access to Quality Affordable Health Care

A strategic partnership aims to provide affordable medical access to members of Papua New Guinea’s leading superannuation provider, Nasfund.Through the PIH-Nasfund Healthcare Partnership, active nasfund contributors, and their beneficiaries can take advantage of discounts at the PIH Clinics in NCD, as well as the Lae International Hospital in Morobe province.These include the following;50% discount on GP consultation,50% discount on Specialist consultation,20% discount on laboratory and radiology services,20% discount on total costs incurred for in-patients10% discount on Pharmacy servicesFree Eye checksFree Dental checksThe agreement sealing this pannership was signed by CEO’s of both organizations, in Port Moresby today.According to Nasfund CEO Ian Tarutia, the partnership, which comes under the fund’s Membership Discount Program (MDP), aims to make healthcare more affordable to Nasfund members, in these major centres, during these difficult times.“2020 has been a year where the need for access to quality, affordable healthcare has become more evident. And as the leading superannuation provider in the country, we took it upon ourselves to ensure that we partner with a medical provider who can provide value added services for our members, the majority of who are in the private sector, and who reside in both NCD and Morobe provinces.All our members have to do is to provide a valid Nasfund membership card when accessing services at PIH in Port Moresby, and Lae international Hospital.This is all part of adding value to our members especially when health and wellbeing is a focus for many of us at this time. In order for members to enjoy their wealth tomorrow, they must be healthy today. We take care of them today, so that they are ready for tomorrow.We would like to thank the Management of PIH for coming on board through the Nasfund MDP, and we look forward to a long partnership, for the benefit of our members."


PNG Business News - October 12, 2020

PNG Students see Positives in Change to Online Learning at CQUNI

A group of Certificate IV in Business students from Papua New Guinea who have limited computer experience are revelling in the challenge of online learning in the wake of COVID-19.The 10 students, who arrived in Rockhampton to study Business and English with CQUni in March, are just some of the thousands of students who are now studying online because of the coronavirus pandemic and for them it is truly a unique experience.Student Danny Nos, like the others in his class, have some experience with computers, but very little experience with online training.“I am new to experience the online classes, but it is interesting and exciting to me, when we see ourselves in the screen,” he said.He said when he wasn’t studying, he and other PNG students were living at the Residential College at CQUni’s Rockhampton North campus.“Living at the res college is all good, but when it comes to dinnertime, we have to sit two meters away from each other and one long table will only seat three people,” he said.He hoped to return to PNG and become an ambassador for tertiary education.“I want to go back to my country and implement the new ideas and skills to make things happen,” he said.Jerusa Tilau also found positives in learning her course online.“I have a basic knowledge of computers, but with online I am learning a lot of new stuff too, which is great,” she said.“I can learn anywhere and it’s fun too. I hope to have a much broader knowledge about business and of course, an Australian qualification.”Batshiba Tallis said she enjoyed the newness of the online classes.“I have never experienced anything like that before,” she said. “I like it because I can stay anywhere but still have access to all the learning materials and lectures from the teacher.”She said although she understood the need for social distancing, she did miss connecting with other students.“It is a little bit awkward because we were asked to keep social distancing of about 1.5 meters to 2 meters in every corner of the res, even in the hall, so there is less communication and we can’t get to know the other international students,” she said.Teacher Narelle Tamblyn said although the students had adapted well to the online training and were progressing well, they were starting to feel the impacts of social isolation restrictions because of COVID-19.“CQUniversity is a holistic experience made up of academic study and social networking and the students are finding the social restrictions difficult,” she said.“Hopefully things will improve soon and they can get back to socialising together.”


PNG Business News - January 12, 2021

NKW Group Assists Remote Schools in PNG

PNG based NKW GROUP of companies has assisted remote schools in Hela Province of PNG by transporting 14,000 plus library books and teachers reading materials from Brisbane to Port Moresby. The books were donated to Hela Rural Development Foundation (HRDF) by Brisbane based NGO-Project Yumi, who assists remote schools and aid posts in PNG. NKW is one of PNG’s successful Landowner businesses from the resource sector. They offer a comprehensive range of services including building, construction, mining campsite, infrastructure, transport and logistics and more. The assistance was part of NKW’s corporate social responsibility program in helping PNG communities. The books will be distributed to schools in Hela Province by HRDF through its 2021 programs. HRDF co-founder Tiken Takili thanked the NKW Group especially Keith Schulstad and Paul Pusal from its subsidiary Pacific Cargo Services for coordinating the transportation from Brisbane to Port Moresby. ‘Great to have locally grown PNG companies progressing well and giving back to PNG communities through such approaches’. ‘Logistics from Brisbane has been a challenge and NKW has assisted in a big way’. ‘We’ll let the Hela communities know of their great support’ Takili said.

Place your Ad Here!

Recent Articles

Oil and Gas

PNG Business News - April 08, 2021

Price of Oil Recovers in Spite of COVID

According to Oil Search, oil prices have risen steadily in recent months from the initial effect of the Covid-19 last year, when prices ranged about US$43 (K150) per barrel of oil (bbl), to levels above US$60/bbl (K210) since February this year. In response to questions, a group spokesperson said,“ To date, there has been no impact to production in our Oil Search operations in PNG as a result of the recent surge in the Covid-19 cases. The increase in confirmed Covid-19 cases in PNG has prompted Oil Search to enact its crisis and emergency management plans. The health and safety of our employees remain the company’s highest priority and teams have been assembled in PNG and Sydney to deploy additional support to protect our people and to ensure the safety and reliability of our operations. At our PNG field locations, we continue to operate under precautionary protocols established in 2020, which includes redeployment of non-essential personnel, restriction of access and travel to field locations and implementation of strict preventative measures and quarantine zones.” He added, “We have enacted additional risk mitigation measures include establishing ‘cocoons’ for our field teams and extending the quarantine period for employees and contractors. To date, there has not been a single positive case recorded in our operating sites outside of quarantine. We have also conducted more than 7,500 Covid-19 tests at our medical clinics and quarantine facilities in PNG. Beyond the safety of our own people and assets, Oil Search stands ready to work with relevant Government and health authorities to assist in PNG’s overall response to the Covid-19. This includes the dissemination of accurate information around the Covid-19 and vaccinations, supporting provincial health authorities to implement an effective vaccination programme, and providing logistics and cold chain support where required and as directed by the Government.”


PNG Business News - April 08, 2021

Lae Chamber Welcomes Green Energy

The Lae Chamber of Commerce and Industry (LCCI) said it welcomes any power plan that is long-term, environmentally friendly and creates jobs in the delivery of efficient, low-cost electricity in Lae and Morobe. President John Byrne referred to concerns regarding the PNG Biomass project in the province's Markham Valley when he said, “PNG Biomass has provided a solution which ticks most of these boxes, whether it fits the plan of PPL (PNG Power Ltd) is a decision beyond our scope. The recent Ramu 2 announcement is another such solution. Our people of Lae, Morobe, and PNG, not only expect but deserve, reliable, constant and cost-effective power solutions.” According to Byrne, the Lae business group praised the Lae PPL team for their commitment, hard work, and communication in maintaining an ageing and insecure grid infrastructure operational. He said many companies that had short or long-term contracts with the government were failing because of the long-standing outstanding Government bills owing to them. “The quantum of debt is not specified but very large and this added to the impact of the Covid-19, resource debates and a lack of forex is taking a toll on the business houses.,” he said.


PNG Business News - April 08, 2021

Businesses Concerned Regarding Government Debts

With the outstanding amount of government debt owed to the sector, pending landowner fees, and rising law and order woes, businesses are concerned about 2022. According to Chey Scovell, chief executive officer of the PNG Manufacturers Board, conversations within the business community revealed that the government owed companies more than K2 billion. “I don’t have an updated list, but from general conversations with business and what is being raised with the various chambers, it would exceed K2 billion,” he said. “We hear that contractors for the Department of Works have claims for this amount alone, so the number could be as high as K3 billion. No doubt they may have paid some, technically a K1 payment would be paying at least some. The Budget hasn’t been able to be implemented properly at all. Recurrent expenditure, monthly bills for things like water, power, security, rent, are not being paid in full or in many cases at all. We’ve suggested that the Government put up an online portal/list, for all creditors to register for the Government to show full or progressive payments.” Scovell compared what the government was doing to the private community to what would happen if everybody started paying taxes for one to five years but continued to use government programs. “They wouldn’t be able to survive, so how is it that they expect businesses to carry on?” he said. “It is also a bit of a cop-out that Treasury is taking a long time and in many instances taking extensive reviews of claims to see if they will pay them and by how much.” Scovell argued that the government was required to behave in good faith and to set a precedent, but that forcing or intimidating companies to make substantial reductions in compensation due for goods and services rendered was bad form. “We note there are many dodgy claims, but there seems to be little evidence that hires car firms, public works contractors and catering firms (reported as problematic areas) are having the same scrutiny,” he said. “BOC Gas waited years to be paid for medical gases such as oxygen supplied to PMGH (Port Moresby General Hospital), it was reviewed twice that I know of and not paid. The other item of note is that debt carried is a growing debt. The older it gets the more it has cost the businesses.” He added, “Also, our currency has been depreciating, many businesses based their fees on the foreign exchange rates at that time, some even had loans Just like our tax penalties, the longer they are overdue, the higher they should become. This Government isn’t doing to others as it does for itself. We still have micro, small and medium enterprises that have suffered duress due to non-payment of bills going all the way back to our 40th Independence, same goes for the 2015 Pacific Games, we hear from the regional chambers that there are many outstanding claims for the past two elections. Again, if we had a publicly available list, the Government wouldn’t be able to hide behind confusion and people could whistleblow on dubious claims.”

Join Papua New Guinea's

Business Community

Be the "First" to get our exclusive Digital Magazine & Weekly Newsletter.