Stanley Petroleum appoints first woman chair, senior management changes at ANZ Bank
In brief: BSP to finance PNG Ports’ new facilities at Motukea Island, and other business stories
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2 Dec 2015 by Leave a Comment
PNG Ports secures ‘landmark transaction’ with BSP for Motukea Island facilities, impact of kina’s exchange rate over-valuation analysed, and Harmony Gold confirms Kili Teke copper-gold discovery. Your weekly digest of the latest business news.
In brief: Santos rejects takeover bid as ‘opportunistic’, and other business stories
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28 Oct 2015 by Leave a Comment
Wealthy royal families’ bid for Santos rejected, the high cost of domestic violence to business, and poor economic news prompts fall in business confidence. Your weekly digest of the latest business news.
People moves: National Information and Communication Technology Authority, ANZ Bank, Finance Department
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7 Oct 2015 by Leave a Comment
Cabinet re-appoints CEO of NICTA, a new CEO for ANZ Bank, and Finance Dept Secretary confirmed
Foreign exchange controls affect Papua New Guinea business as ANZ calls for changes to kina trading range
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6 Oct 2015 by 1 Comment
As Papua New Guinea’s business community continues to face foreign exchange shortages, ANZ Bank has called for a relaxation of the enforced trading band for the kina. Meanwhile, analysts say the kina is facing further downward pressure from the US dollar.
People moves: NZ Trade Commissioner, Fiji Trade Commissioner, ANZ Bank
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16 Sep 2015 by Leave a Comment
A new NZ Trade Commissioner, a new Fiji Trade Commissioner and the CEO of ANZ Bank to step down
ANZ presents its vision for future of Papua New Guinea electricity
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19 Aug 2015 by Leave a Comment
ANZ’s timely discussion paper, ‘Powering PNG into the Asian Century’, argues for further reform in Papua New Guinea’s electricity sector and a greater reliance on newer, cleaner energy technologies.
In Brief: O’Neill urges Papua New Guinea to produce ‘more high-quality exports’, and other business stories
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12 Aug 2015 by Leave a Comment
More high-quality exports needed for PNG, new approaches will assist PNG in meeting energy demand, and Japan’s Pan Pacific expects copper recovery. Your weekly digest of the latest business news.
One-third of Papua New Guinea businesses expect sales boost from South Pacific Games
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15 Jul 2015 by 1 Comment
Retailers, tourism operators and the hospitality industry are the main business beneficiaries of the 2015 South Pacific Games being hosted in Port Moresby, according to ANZ Economist Dan Wilson.
Papua New Guinea banks operate in ‘high risk’ environment, says Standard & Poor’s
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29 Apr 2015 by 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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