Banking and finance

Papua New Guinea government seeks to encourage more investment by opening stock exchange to more competition

10 Jun 2015 by Business Advantage PNG 1 Comment

Prime Minister Peter O’Neill says a planned ‘shake up’ of the Port Moresby Stock Exchange (POMSoX) will lead to more innovation and increased domestic and international investment.
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Papua New Guinea’s Kina Group buys Maybank; listing in sights

20 May 2015 by Business Advantage PNG 1 Comment

Kina Group is set to become Papua New Guinea's fourth retail bank, when it takes over the Malaysian-owned Maybank (PNG) in late July, ahead of a possible stock market listing.
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Papua New Guinea banks operate in ‘high risk’ environment, says Standard & Poor’s

29 Apr 2015 by Business Advantage PNG Leave a Comment

Ratings agency Standard & Poor’s says PNG’s banks operate in a ‘high risk’ environment, with regulation and supervision ‘comparatively lenient’.
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Liquidity a major source of risk for Papua New Guinea businesses, says ANZ report

8 Apr 2015 by Business Advantage PNG Leave a Comment

Liquidity conditions have emerged as a major source of risk for the PNG economy, as the central bank governor reveals he spent US$570.9 million (K1.48 billion) to support the kina last year.
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Bank of Papua New Guinea closes down unauthorised foreign exchange trading

18 Mar 2015 by Business Advantage PNG 9 Comments

Papua New Guinea’s central bank has moved to stop offshore foreign banks, which don’t operate in PNG, from foreign exchange trading in the Kina.
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Accountability the key to success of Papua New Guinea’s Sovereign Wealth Fund

25 Feb 2015 by Business Advantage PNG Leave a Comment

Papua New Guinea’s Parliament is likely to approve establishing the long-awaited Sovereign Wealth Fund by June, after unanimously voting for its enactment at its first reading last week.
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BSP expands further into the Pacific and launches new subsidiary

4 Feb 2015 by Business Advantage PNG

A commitment to growth throughout the Pacific region has continued for Papua New Guinea-based Bank of South Pacific, with the acquisition of new Pacific operations from Westpac and launch of a new subsidiary.
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In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories

28 Jan 2015 by Business Advantage PNG Leave a Comment

Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.
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Papua New Guinea’s Kina Group looks to the future

11 Dec 2014 by Business Advantage PNG Leave a Comment

From modest beginnings, Papua’s New Guinea’s largest non-bank financial services company, the Kina Group, has come a long way. Chief Executive Officer Syd Yates explains the Kina vision to Business Advantage PNG.
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Papua New Guinea’s oldest finance company remains optimistic

3 Dec 2014 by Business Advantage PNG 1 Comment

Papua New Guinea’s credit finance industry has had ‘a challenging year’, according to Peter Burland, at one of the country’s leading finance companies, Credit Corporation Finance Ltd. Despite that, the company has expansion plans, he tells Business Advantage PNG.
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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 government seeks to encourage more investment by opening stock exchange to more competition

Papua New Guinea’s Kina Group buys Maybank; listing in sights

Papua New Guinea banks operate in ‘high risk’ environment, says Standard & Poor’s

Liquidity a major source of risk for Papua New Guinea businesses, says ANZ report

Bank of Papua New Guinea closes down unauthorised foreign exchange trading

Accountability the key to success of Papua New Guinea’s Sovereign Wealth Fund

BSP expands further into the Pacific and launches new subsidiary

In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories

Papua New Guinea’s Kina Group looks to the future

Papua New Guinea’s oldest finance company remains optimistic

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

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