Robin Fleming, Chief Executive of Bank South Pacific – Papua New Guinea’s biggest bank – says foreign exchange availability is improving. In this exclusive interview with Business Advantage PNG, he also discusses BSP’s approach to risk, and its new digital offerings.
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Foreign exchange becoming more available, says BSP’s CEO Robin Fleming
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15 Jan 2019 by Leave a Comment
Prime Minister O’Neill tells APEC CEO Summit maintaining international trade rules critical
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20 Nov 2018 by Leave a Comment
The Prime Minister Peter O’Neill gave an upbeat take on the Papua New Guinea economy when opening the APEC CEO Summit. He pointed to the need for consistent trade rules, strong engagement with civil society and the community, and a focus on the opportunities offered by the digital economy.
In brief: Trump pulls out of APEC, and other business news
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4 Sep 2018 by Leave a Comment
Trump pulls out of APEC, China Navigation knocked back, and PNG on the verge of entering international capital markets. Your digest of the latest business news.
Companies investing locally this year but will switch to starting up new operations next year, according to round table
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21 Aug 2018 by Leave a Comment
Companies are reducing the size of the businesses, now using excess capital to acquire domestically but may be switching to starting up operations next year. They were some of the observations in a round table discussion on Papua New Guinea’s investment environment at the Business Advantage Invest Forum in Brisbane.
In brief: Possible rice agreement with the Philippines, and other business stories
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22 May 2018 by Leave a Comment
A possible rice deal with the Philippines; developments in gas sales; and landowner issues. Your weekly digest of the latest business news.
Six questions for Philippe Blanchard, Managing Director, Total E&P PNG
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11 Apr 2018 by Leave a Comment
Papua New Guinea’s second LNG plant is expected to be ready by 2023-2024, according to Total Managing Director, Philippe Blanchard. He told Business Advantage PNG the company is also keeping its eyes open for other energy plants in PNG.
In brief: No new taxes, says Prime Minister, and other business stories
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22 Aug 2017 by Leave a Comment
O’Neill says Supplementary Budget won’t contain any new taxes, Oil Search MD says oil and gas sector could earn K60 billion over the next seven years, and central bank prepares to use block chain technology. Your weekly digest of the latest business news.
In brief: New Lae power station being launched this week, and other business news
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7 Jun 2017 by Leave a Comment
Thermal power station launched this week, PNG DataCo and Telikom share fibre optics, Mainland Holdings expands wheat production. Your weekly digest of the latest business news. PNG Power’s Acting CEO Alex Oa says the new 30-megawatt thermal power station at Munum just outside Lae city in Morobe Province is expected to be commissioned this week. PPL is confident […]
In brief: Government seeking Budget support of US$500 million, and other business stories
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23 May 2017 by 1 Comment
Government seeking Budget support from World Bank, LNG partners seek huge savings by co-operating, Ok Tedi performing well after seven months. Your weekly digest of the latest business news.
Industry collaboration and government help crucial for Western Province gas, says Repsol chief
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2 May 2017 by Leave a Comment
Cross-industry collaboration and help from the Papua New Guinea government are required to get the most out of the gas in Western Province, David Lester, Chief Office Representative for Repsol PNG tells Business Advantage PNG.
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