An acting Managing Director at Kumul Consolidated Holdings, BSP appoints new Group Financial Officer, and Highlands Pacific appoints a new Director
In brief: Business leaders predict job losses, pessimistic about revenue growth in 2017, and other business news
Welcome,
‘More jobs to go’ warning if business continue to rationalise, O’Neill says $S300m loan to be used foreign exchange, Australia funding APEC 2018 to fend off China. Your weekly digest of the latest business news.
BSP looking to lend to growing middle class says CEO Robin Fleming
Welcome,
Bank South Pacific has adjusted well to the slowing economy, Chief Executive Robin Fleming tells Business Advantage PNG. He says the bank is looking to lend to the growing middle class in Papua New Guinea, especially for housing.
In brief: BSP Chairman says dual listing on ASX ‘speculative’, and other Papua New Guinea business news
Welcome,
Papua New Guinea’s largest bank considers dual listing, ADB outlook for PNG ‘positive’, and Santos restructures. Your weekly digest of the latest business news.
In brief: InterOil considers appeal after ExxonMobil takeover rejected, and other business stories
Welcome,
Canadian court upholds appeal against ExxonMobil takeover bid for InterOil, BSP CEO says 2017 Budget reflects prevailing conditions, and Sepik Plains holds high potential for beef industry. Your weekly digest of the latest business news.
Opinion: how the digital world is taking over business
Welcome,
Marketing never stays still. Robert Hamilton-Jones returns to the city of his birth to find out how digital technology is raising customers’ expectations to new heights.
Demand for affordable housing sees price rises, according to Papua New Guinea property survey
Welcome,
Demand for residential houses among the growing urban population, especially in Port Moresby, has increased but the supply of quality and affordable houses has seen prices rise ‘exhorbitantly’, according to a new survey of the housing market by consultancy Niugini Land and Property.
Saving key to improving credit to Papua New Guinea business, say top bankers
Welcome,
The greatest challenge facing Papua New Guinea’s financial system and businesses is to establish saving in the country’s mostly unbanked population. That is the message from three of the country’s top bankers.
Recent readers’ comments