Tuesday, March 13, 2018

Competition in Papua New Guinea telecommunication industry

In a bid to improve access and participation in digital economy, Papua New Guinea as the host economy is considering plans to improve competition in the telecommunication industry.

This is to deliver lower costs and encourage more innovative digital products.

The challenge for PNG is ensuring its citizens have the basic skills needed to use mobile devices that allow them access to services such as mobile banking.

Senior Officials Meeting Chair of the host economy, Ambassador Ivan Pomaleu, said PNG anticipates APEC will focus on how digital technology can provide inclusive outcomes in areas like skills development, health, programs for micro and small to medium enterprises and tourism.

Digital technologies are of particular importance to developing APEC economies such as PNG.

Ambassador Pomaleu added access to the internet, through technologies such as smartphones, provide the opportunity for broader engagement in the market economy particularly by women, SMEs and businesses from remote areas in PNG.

He said the key challenge that all APEC member economies now face is how to develop the policies and strategies that will allow digital economies to be harnessed.

He further stated some economies have had more success than others and it’s increasingly clear that economies have much to learn from each other.

Digital technologies offer a catalyst for growth in APEC member economies and this is because the impact is being felt far more broadly than through the provision of needs, products and services developed by digital firms. LoopPNG/PNG Ehow


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