The Teachers Savings and Loan Society (TISA) was granted a commercial banking licence by the Bank of Papua New Guinea in 2024. TISA Group CEO Michael Koisen shares the new bank’s growth plans in an exclusive interview with Business Advantage PNG.
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Business Advantage PNG’s top 10 most-read articles in 2024
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2 Jan 2025 by Leave a Comment
Papua New Guinea’s foreign exchange shortages were at the centre of three of Business Advantage PNG’s top 10 articles in 2024. There was also high demand for stories on major resources projects, green financing and an Australian visa program that will enable PNG businesses to upskill their employees.
Editorial: How is business confidence in Papua New Guinea leading into 2025?
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4 Dec 2024 by Leave a Comment
The past year has been a challenging one for Papua New Guinea’s major businesses but, as we are learning from our own conversations with them, they are nevertheless proving remarkably resilient. Now, all eyes are again focused on the next wave of resources investments.
Editorial: Patience and persistence yields results in major resources projects
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23 Oct 2024 by Leave a Comment
Looking back over the history of resources development in Papua New Guinea, the need for patience and persistence is clear.
What businesses need to know about ESG and responsible investment [video]
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8 Oct 2024 by Leave a Comment
There is a “a wave of regulation on climate disclosure coming into effect all over the world,” including in all Papua New Guinea’s major trading partners, reports Geri McMahon, KPMG Australia’s Global Head of ESG, Asset Management Sector. Watch her presentation on what business needs to know from the 2024 Business Advantage PNG Investment Conference.
Editorial: Domestic investors fill the gap while Papua New Guinea awaits next wave
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10 Sep 2024 by 2 Comments
Forex shortages in PNG have acted as handbrake on both economic growth and foreign direct investment over the past decade, according to the IMF. However, domestic and concessional investors have been stepping in to keep PNG’s economy moving.
Wapu Sonk on Papua LNG – timelines, impacts, and reforms that could benefit industry [video]
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27 Aug 2024 by Leave a Comment
Wapu Sonk, Managing Director of Papua New Guinea’s state-owned oil and gas company Kumul Petroleum Holdings Limited, spoke about the way forward with the TotalEnergies-led Papua LNG project and the “unexpected blessings” its delay could bring at this month’s 2024 Business Advantage PNG Investment Conference. Watch his exclusive fireside chat.
George Constantinou on building, construction and hospitality in Papua New Guinea [video]
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15 Aug 2024 by Leave a Comment
George Constantinou, third-generation CEO of the Constantinou Group, went through the family album to review his company’s past, present and future at this week’s 2024 Business Advantage PNG Investment Conference. Watch his fireside chat with BAI’s Andrew Wilkins.
No quick fix to Papua New Guinea’s law and order issues but reforms are under way, says Deputy Prime Minister
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22 May 2024 by 2 Comments
More police, prosecutors and magistrates, including some brought in temporarily from other Commonwealth countries, are key components of law and order reforms being pursued by Papua New Guinea’s government, according to Deputy Prime Minister John Rosso.
Targeting net zero: SP Brewery prepares for growth in tough market
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14 May 2024 by Leave a Comment
“We’re ready for the boom to happen. We’re just hoping that it will happen sooner rather than later.” Business Advantage PNG speaks with SP Brewery Managing Director Ed Weggemans about the company’s sharp focus on its bottom line and sustainability in tougher market conditions.
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