Normal services along the Highlands Highways resume, coffee exports steady but expected to fall next year, and China approves loan for PMIZ. Your weekly digest of the latest business news.
In brief: Highlands Highway re-opens after a month-long blockade, and other business stories
Welcome,
13 Sep 2017 by Leave a Comment
People moves: National Executive Council, Bank South Pacific, Nambawan Super, RD Tuna Canners, Fuji Xerox, Remington Technology
Welcome,
29 Aug 2017 by
Nine new vice-Ministers appointed to the NEC, a new director at Bank South Pacific, a new CEO at Nambawan Super, an acting General Manager at RD Tuna Canners, and new General Managers at Fuji Xerox and Remington Technology
Brand poll shows that well-established companies dominate in Papua New Guinea
Welcome,
29 Aug 2017 by Leave a Comment
A new online survey by Business Advantage PNG to identify Papua New Guinea’s most recognisable local brands suggests that there are four stand out companies. So, what makes brands ‘stick’ with consumers?
Singapore emerging as a regional option for Papua New Guinea companies
Welcome,
4 Jul 2017 by Leave a Comment
Businesses in Papua New Guinea seeking to establish a presence in the Asian region are increasingly looking at Singapore as a stepping-stone to expand their market reach or increase their shareholder base. There is also growing interest from Singapore-based businesses looking at the PNG market.
Bank South Pacific continues to dominate but faces risks, say analysts
Welcome,
14 Jun 2017 by 1 Comment
Bank South Pacific, Papua New Guinea’s biggest bank, has made ts 2017 AGM shareholder presentation. Analysts say it indicates the bank is travelling strongly, but does face some risks.
In brief: Bank South Pacific expands into Cambodia, and other business stories
Welcome,
30 May 2017 by Leave a Comment
BSP enters a joint venture deal in Cambodia, management restructure planned for PNG Power, and government shelves GST rise. Your weekly digest of the latest business news.
Papua New Guinea’s banks face high economic risks, reflecting debt and resource reliance, says ratings agency, S&P Global
Welcome,
16 May 2017 by Leave a Comment
The economic risks faced by the three main commercial banks in Papua New Guinea are very high, says ratings agency S&P Global Ratings. But Associate Director Andrew Mayes tells Business Advantage PNG, credit risk is ‘well-managed’.
Releasing more land key to increasing Papua New Guinea home ownership
Welcome,
3 May 2017 by 1 Comment
Demand for housing in Papua New Guinea is strong but there is a shortage of supply, according to the latest survey by Hausples, a Port Moresby-based real estate technology company.
People moves: Bank South Pacific, Pacific Trade Office
Welcome,
3 May 2017 by
Bank South Pacific appoints brand ambassador, Pacific Chief Trade Adviser moves on.
In brief: BSP proposed ASX listing postponed, and other business stories
Welcome,
18 Apr 2017 by Leave a Comment
Bank South Pacific postpones its proposed listing on the ASX, Asian Development Bank Director predicts growth to rise in 2018, and K20 million to help fight coffee borer. Your weekly digest of the latest business news.
USD 0.2464
AUD 0.3918
GBP 0.1904
EUR 0.2284
NZD 0.431
JPY 37.15
SGD 0.3304
Recent readers’ comments