Kevin McQuillan is a regain contributor to Business Advantage PNG, with over 30 years' experience covering PNG and the Pacific.

Electronic banking will revolutionise Papua New Guinea, says Westpac’s Pacific chief

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The advent of electronic banking in Papua New Guinea has the potential to significantly modernise and expand the country’s financial system Greg Pawson, General Manager of Westpac Pacific tells Business Advantage PNG.

InterOil shareholders approve revised takeover proposal

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InterOil shareholders have overwhelmingly approved a revised takeover bid from ExxonMobil, despite opposition from InterOil founder, Phil Mulacek.

People moves: Kumul Consolidated Holdings, BSP, Highlands Pacific, EY

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An acting Managing Director at Kumul Consolidated Holdings, BSP appoints new Group Financial Officer, and Highlands Pacific appoints a new Director

A revolution in banking is on the way, says Kina Group’s chief

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The way banks operate will change dramatically over the next five years, according to Kina Group’s Syd Yates. Banks will need to be quasi-technology companies.

People moves: ANZ Bank, Santos, Nautilus Minerals, Digicel

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A new senior appointment at the ANZ, Santos appoints VP to manage non-core assets, Nautilus board member resigns, promotion for Digicel PNG’s Marketing Manager.

Mapai Transport branches out to ‘rebalance’ trade links between Papua New Guinea and NZ

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After 20 years building a successful transport company, Mapai Transport founder Jacob Luke is exploring ways to correct PNG’s trade imbalance with NZ, and providing training opportunities for young Papua New Guineans.

Anitua’s key priorities are expansion and self-reliance says incoming CEO of Papua New Guinea’s largest landowner group

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Anitua’s independence strategy, known as the ‘Lihir Destiny’, for Papua New Guinea’s largest and most successful landowner company will continue under its new CEO, John Gethin-Jones. He tells Business Advantage PNG that key focusses are constant review of activities and staff development.

InterOil ponders appeal after Canadian court upholds appeal against takeover by ExxonMobil

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The Chairman of InterOil, Chris Finlayson, says the company is considering an appeal to the Supreme Court of Canada after a court upheld an appeal against the US$2.5 billion (K7.9 billion) sale of InterOil to ExxonMobil. Meanwhile, the man behind the appeal, Phil Mulacek, tells Business Advantage PNG he’s open to dialogue.

QBE General Manager Matthew Kearns on what it takes to be a market leader

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Becoming a market leader requires developing the right strategic intent, QBE’s Matthew Kearns tells Business Advantage PNG. That means understanding your company’s goals and value proposition, and planning effectively.

Papua New Guinea rises 14 places in World Bank ‘ease of doing business’ ratings

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Papua New Guinea has risen 14 places overall in the World Bank’s annual report on ‘Ease of Doing Business’, primarily in the areas of starting a business and getting credit.