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Building for the future: Steamships MD on developments across Papua New Guinea

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11 Mar 2025 by Leave a Comment

Chris Daniells became the managing director of Steamships Trading Company in July 2024. In this interview with Business Advantage PNG, he shares progress on multiple Port Moresby projects and explains why Steamships is also bullish on Mount Hagen.

Filed Under: Hospitality & tourism, Interviews, Transport and logistics Tagged With: , , , ,

BSP’s CEO on plans to modernise Papua New Guinea’s largest bank [video]

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11 Mar 2025 by 2 Comments

Mark Robinson, Chief Executive Officer of BSP Financial Group, sat down recently for a wide-ranging interview with Business Advantage PNG, in which he shared the bank’s digital transformation plans and its efforts to attract more Papua New Guineans to formal banking.

Filed Under: Banking and finance, Interviews, News Tagged With:

People moves: Australian High Commission, Austrade, IHG, BSP

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25 Feb 2025 by Leave a Comment

New Australian High Commissioner to Papua New Guinea, new Australian Trade and Investment Commissioner to PNG and Solomon Islands, new Portfolio General Manager for IHG, board member changes for BSP.

Filed Under: People moves Tagged With: , , ,

Greylisting: what it could mean for Papua New Guinea’s banks and their customers

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30 Jan 2025 by Leave a Comment

Late in 2024, a 226-page report by the global Financial Action Task Force was quietly published online that may, according to the experts, have a significant impact on Papua New Guinea’s banking and finance system. Business Advantage PNG takes a closer look.

Filed Under: Banking and finance, Latest news, News Tagged With: , , , ,

People moves: BSP, Pacific Trade Invest Australia, K92 Mining

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30 Jan 2025 by Leave a Comment

New CFO for BSP, new Trade Commissioner for Pacific Trade Invest Australia, key management changes for K92 Mining.

Filed Under: People moves Tagged With: , ,

Analysis: Papua New Guinea capital markets delivered excellent returns in 2024

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13 Jan 2025 by Leave a Comment

Papua New Guinea investors enjoyed substantial returns in both the fixed-interest and equities asset classes last year, according to an exclusive analysis for Business Advantage PNG by JMP Securities Managing Director Lars Mortensen.

Filed Under: Opinion/analysis Tagged With: , , , , , , , , ,

Bank of Papua New Guinea program aims to generate funds for green projects

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23 Oct 2024 by 2 Comments

The Green Finance Centre was founded this year under the aegis of the Bank of Papua New Guinea, with the aim of creating a framework to facilitate investments in areas such as renewables and climate resilience. Its head Mohinesh Prasad shared the centre’s plans and progress in a speech to the 2024 Business Advantage PNG Investment Conference.

Filed Under: Banking and finance, Features Tagged With: , , , , , , ,

People moves: BSP, CPL, Great Pacific Gold

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22 Oct 2024 by Leave a Comment

New company secretary for BSP Financial Group, new manager for CPL Foundation, new country manager for Great Pacific Gold.

Filed Under: People moves Tagged With: , ,

Papua New Guinea banks report substantial fall in forex waiting times

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15 Aug 2024 by 2 Comments

Waiting times on foreign exchange orders have been falling substantially on central bank interventions and other factors, senior representatives of BSP Financial Group, Kina Bank and Westpac Papua New Guinea reveal to Business Advantage PNG.

Filed Under: Latest news, News, Papua New Guinea's economy Tagged With: , , ,

People moves: Kina Securities Limited, BSP Financial Group, POMCCI

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14 Aug 2024 by Leave a Comment

New Director for Kina Securities Limited, changes in BSP’s executive management team, new CEO for the Port Moresby Chamber of Commerce and Industry.

Filed Under: People moves Tagged With: , ,
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