Banking and finance

National Development Bank pledges to boost participation in small business

4 Jun 2013 by Business Advantage PNG

Papua New Guinea's Government has an ambitious target of creating 500,000 locally-owned businesses over the next 20 years. The National Development Bank is key to its plans, as Managing Director Moses Liu explains.
Read More

Reborn RIFL has growth in its sights

22 May 2013 by Business Advantage PNG

‘A work in progress’ is how Brett Andrew describes his rebuilding of the decades-old Papua New Guinea finance firm, RIFL.
Read More

BSP launches its own mobile wallet

21 May 2013 by Business Advantage PNG

Papua New Guinea’s largest bank, BSP, has joined PNG’s growing mobile wallet market, with the launch last week of Wantok Moni.
Read More

Interview: departing CEO Ian Clyne on three companies that have transformed Papua New Guinea forever

14 May 2013 by Business Advantage PNG Leave a Comment

After five years as 'boss bilong BSP', Ian B Clyne completes his five-year appointment as the CEO of PNG’s largest bank at the end of this month. Business Advantage PNG caught up with him for one final chat.
Read More

Kina Assets Management Limited returns up: Namaliu

14 May 2013 by Business Advantage PNG

Kina Assets Management Limited (KAML), Papua New Guinea’s first and only listed investment company, has announced a return of 7.2% for the first quarter of 2013.
Read More

advertisment...

New prudential rules for the finance industry – opportunity or expensive overhead?

1 May 2013 by Business Advantage PNG 2 Comments

Commercial lawyer Steven Kami says PNG’s superannuation and life insurance sectors are worried about the effect of the new prudential standards on corporate governance, and in particular the effect on eligible directors.
Read More

Kina Asset Management profit turnaround

19 Mar 2013 by Business Advantage PNG

Papua New Guinea’s first listed investment company, Kina Asset Management Ltd, (KAML) has announced a net profit of K4.73m ($US2.21m) in 2012, compared to a net loss of K9.43m (US$4.41m) the previous year.
Read More

Credit Corporation profits up 250%

14 Mar 2013 by Business Advantage PNG

Papua New Guinean finance company Credit Corporation, the target of recent buyout interest from BSP, has posted increased profits of K106.11 million in the financial year ending 31 December 2012.
Read More

Nasfund turnaround due to improved investment performance: Tarutia

27 Mar 2013 by Business Advantage PNG

PNG’s largest superannuation fund, Nasfund, released its annual results earlier this month. Business Advantage PNG spoke with its Chief Executive Officer Ian Tarutia.
Read More

BSP’s Ian B Clyne: Technology is the key

19 Feb 2013 by Business Advantage PNG

BSP, PNG’s largest bank, is being recognised globally as a major innovator with mobile technology. In our exclusive interview, Group CEO Ian B Clyne reflects on a momentous year for the bank and its plans for future growth. Business Advantage PNG (BAPNG): I gather BSP opened a record number of new accounts last year. How […]
Read More

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 […]
Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]

Banking and finance

National Development Bank pledges to boost participation in small business

Reborn RIFL has growth in its sights

BSP launches its own mobile wallet

Interview: departing CEO Ian Clyne on three companies that have transformed Papua New Guinea forever

Kina Assets Management Limited returns up: Namaliu

New prudential rules for the finance industry – opportunity or expensive overhead?

Kina Asset Management profit turnaround

Credit Corporation profits up 250%

Nasfund turnaround due to improved investment performance: Tarutia

BSP’s Ian B Clyne: Technology is the key

Editor’s picks

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

Australia’s new Pacific Engagement Visa an ‘opportunity’ for PNG businesses

Kina exchange rate

From the Business Advantage blog

Recent readers’ comments

Sign In

Subscribe

Banking and finance

Register to receive our free PNG Business Update emails

Editor’s picks

Kina exchange rate

Recent readers’ comments