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Banking and finance

Securities Commission uncertainty a bottleneck to Papua New Guinea’s growth, says PNGX Chairman

7 Apr 2021 by Leave a Comment
Papua New Guinea took a step closer to resolving a significant governance issue related to its stock exchange, PNGX, following a National Court ruling late last month. However, uncertainty continues to hold back PNG's capital markets, reports David James.
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Still a long way to go: business and economic recovery after COVID

22 Feb 2021 by Leave a Comment
Papua New Guinea is experiencing similar stresses to other economies in the Pacific region due to the impact of COVID-19. Two reports, by the Asian Development Bank and Pacific Trade Invest, highlight both the impacts and a way to recovery.
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Diversify and conquer: what the future holds for Credit Corp in Papua New Guinea

22 Jan 2021 by Leave a Comment
Peter Aitsi, Group Chief Executive Officer of Credit Corporation PNG, says the COVID-19 pandemic has had a significant impact on operations. He tells Business Advantage PNG that the company is moving to a more agile digital platform and diversifying its product range.
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Papua New Guinea’s 2021 National Budget: the most ‘challenging in our lifetime’

23 Nov 2020 by 1 Comment
The current economic conditions are the most ‘challenging in our lifetime', according to Justin Smirk, Senior Economist at Westpac. He told a Business Advantage PNG briefing that the success of the 2021 National Budget depended on getting Papua New Guinea's non-resources economy firing.
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