Banking and finance

Papua New Guinea’s Moni Plus to list on Singapore stock exchange

1 Jun 2016 by David James 1 Comment

Financial institution Moni Plus is preparing to list on the Singapore Stock Exchange. Managing Director David Kelso tells Business Advantage PNG that the company intends to expand its shareholder base and move into new markets.
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Consumer trust the key to boosting mobile banking in the Pacific

24 May 2016 by Kevin McQuillan 1 Comment

The key to boosting the use of mobile phone banking services in the Pacific is ‘trust’ in the system, particularly as mobile phone providers themselves begin providing financial services, according to a new report by the Asian Development Bank (ADB).
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Forex exemptions granted to Papua New Guinea insurers

27 Apr 2016 by Kevin McQuillan Leave a Comment

The Bank of PNG has granted exemptions to some PNG insurance companies from the tight foreign exchange restrictions, to enable the general insurers to meet their reinsurance commitments to international reinsurers.
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Papua New Guinea kina set to fall further, say analysts

6 Apr 2016 by David James 2 Comments

Papua New Guinea's currency, the kina, has fallen over the last year; many are predicting it will go lower. Business Advantage PNG talks exclusively to two analysts about where the currency is headed and how it will affect business conditions.
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Nambawan Super expects low growth in 2016/2017, says CEO

22 Mar 2016 by Kevin McQuillan 3 Comments

The CEO of Papua New Guinea’s largest superannuation fund expects 2016/17 to be another year of low growth, with a pickup from 2018 onwards. Nambawan Super’s Garry Tunstall also tells Business Advantage PNG he expects the fund will slightly increase its international investments this year.
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‘Worst period may be over’ in Papua New Guinea, says bank report

3 Feb 2016 by Business Advantage PNG Leave a Comment

In spite of a 'challenging' 2015 and tough market conditions, the latest Bank South Pacific analysis suggests that the 'worst period may be over' in Papua New Guinea. However, it is cautious about the prospects for the government's planned US$1 billion 'circuit breaker' sovereign bond issue.
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Easing of rise in US dollar will offer respite to Pacific economies, says ANZ

27 Jan 2016 by Business Advantage PNG

The current rise in the US dollar is likely to flatten in 2016, offering respite to Pacific curencies, according to ANZ economists, Glenn Maguire and Eugin Lee.
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Papua New Guinea lenders welcome registry of personal assets

27 Jan 2016 by Business Advantage PNG 1 Comment

The creation of a registry of personal assets to be used as loan security will boost the small business sector, according to Moses Liu, the Managing Director of the National Development Bank.
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Relief in sight for Papua New Guinea businesses wanting foreign exchange, says BSP CEO

9 Dec 2015 by Business Advantage PNG Leave a Comment

There is some relief ahead for businesses struggling to access foreign exchange, according to the CEO of the country’s biggest bank, BSP. Robin Fleming says investment in the mining and petroleum sector and a new Sovereign Bond are the keys to boosting foreign exchange inflows.
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From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]
Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]

Banking and finance

Papua New Guinea’s Moni Plus to list on Singapore stock exchange

Consumer trust the key to boosting mobile banking in the Pacific

Forex exemptions granted to Papua New Guinea insurers

Papua New Guinea kina set to fall further, say analysts

Nambawan Super expects low growth in 2016/2017, says CEO

‘Worst period may be over’ in Papua New Guinea, says bank report

Easing of rise in US dollar will offer respite to Pacific economies, says ANZ

Papua New Guinea lenders welcome registry of personal assets

Relief in sight for Papua New Guinea businesses wanting foreign exchange, says BSP CEO

National Development Bank aims to become Papua New Guinea’s fifth commercial bank

Editor’s picks

Economic update: Will 2025 be Papua New Guinea’s golden year?

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

Report from the 2024 Papua New Guinea Investment Conference

Kina exchange rate

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