Kina Group has launched Papua New Guinea's first non-bank EFTPOS cash card.
Read More
Kina Finance launches first non-bank EFTPOS card
25 Mar 2014 by
Banking and finance
Moni Plus expands to compete with the big banks
29 Aug 2013 by
Papua New Guinea finance company Moni Plus is in expansion mode, after launching a state-of-the-art online foreign exchange service earlier this year.
Read More
Read More
Papua New Guinea mid-year budget outlook: What do analysts think?
7 Aug 2013 by Leave a Comment
Papua New Guinea’s Treasurer Don Polye gave a comprehensive update on the nation’s economic outlook last week. We asked analysts for their reaction.
Read More
Read More
BSP’s rural banking opens up market access
31 Jul 2013 by 1 Comment
Christine Iauve, a vegetable farmer from Magautou village, used to keep her hard-earned cash in a safe. Now she, and hundreds of others in rural and remote areas, are getting access to banking services, and setting ambitious goals.
Read More
Read More
Five questions for … Tony Westaway of Nationwide Microbank
29 Jan 2014 by 5 Comments
Microfinance has grown considerably in PNG in the past few years. Business Advantage PNG talks with Tony Westaway, Managing Director of Nationwide Microbank, about the transformative power of microfinance and the sector's rapid growth.
Read More
Read More
Papua New Guinea Government unfazed by foreign borrowing despite central bank concerns
24 Jul 2013 by Leave a Comment
The Bank of Papua New Guinea argues that the government should fund its spending plans from the domestic banking system. Meanwhile, the government is ramping up its borrowing from foreign sources. Who is right?
Read More
Read More
Still growth in Papua New Guinea’s economy, but easing, says new Nambawan Super CEO
27 Nov 2013 by
The new Chief Executive Officer of Papua New Guinea’s largest superannuation fund has hit the ground running. Business Advantage PNG met up with Garry Tunstall to discover his plans for Nambawan Super.
Read More
Read More
Bank of South Pacific looking for infrastructure development in next week’s Budget
13 Nov 2013 by
Bank of South Pacific says it will be closely monitoring next week’s Budget for any opportunities to get involved in infrastructure development, after posting an after-tax profit of US$ 40.4 million (K105 million) last quarter.
Read More
Read More
The impact of a declining Papua New Guinea currency
19 Jun 2013 by
Papua New Guinea’s currency, the kina, has lost around eight percent of its value against the US dollar over the past 12 months. What does this mean for business?
Read More
Read More
Lihir loan scheme a model for Papua New Guinea: Yates
18 Jun 2013 by
In what is believed to be a first for Papua New Guinea, Lihir Island landowners will have access to a new lending scheme to finance their small businesses and help foster economic development on the island.
Read More
Read More
USD 0.2499
AUD 0.4022
GBP 0.1995
EUR 0.2411
NZD 0.4453
JPY 39.18
SGD 0.3402
Recent readers’ comments