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.
Saving key to improving credit to Papua New Guinea business, say top bankers
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7 Sep 2016 by 3 Comments
Opinion: Is it time for Papua New Guinea business to get serious about social media?
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6 Sep 2016 by 2 Comments
With an estimated one million Papua New Guineans now connected to a mobile network, is it time for companies to add social media to their marketing strategy? Digital marketing manager Andreia Brodsky outlines what you need to know about this growing marketing channel.
Business Advantage Boardroom, Episode 1: Papua New Guinea’s top bankers discuss the financial services sector
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1 Sep 2016 by Leave a Comment
Papua New Guinea’s top bankers discuss the kina, foreign exchange shortages, finance for business and the future of banking services.
In brief: Trade Minister says Papua New Guinea will break global trade laws with proposed rice plan, and other business stories
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31 Aug 2016 by Leave a Comment
Trade Minister Maru says he will recommend the government abandon its proposed rice policy, Bougainville landowners want government to hold its BCL shares, and Fiji says there are no bans on PNG imports. Your weekly digest of the latest business news.
Top bankers set the record straight on Papua New Guinea’s foreign exchange shortage
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31 Aug 2016 by 2 Comments
Papua New Guinea’s top two bankers, Loi Bakani, Governor of the Bank of Papua New Guinea and Robin Fleming, Chief Executive of Bank South Pacific, have asserted that the kina is not ‘controlled’. The shortage of foreign exchange is rather due to supply demand imbalances—but there is light at the end of the tunnel.
In brief: BSP in joint venture with Kumul to expand insurance subsidiary, and other business stories
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24 Aug 2016 by Leave a Comment
A new insurance joint venture, an ultimatum on corned beef trade ban, plans to limit rice imports. Your weekly digest of the latest business news.
People moves: Bank South Pacific, Coffee Industry Corporation and Australian Government
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20 Jul 2016 by Leave a Comment
A new board member at Bank South Pacific, and a new CEO for the Coffee Industry Corporation
Signs of recovery: a monthly review of commodity prices and financial markets
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20 Jul 2016 by Leave a Comment
Despite short-term weaknesses, oil and gold prices are up over the year so far. Gas prices, although only half their 2014 peak, may be finding a floor while coffee prices are strong. Meanwhile, domestic equities have moved sideways, while some Australian miners have surged. Business Advantage PNG’s monthly overview of commodity and financial markets.
People moves: Bougainville Copper Ltd, Bank South Pacific, Deloitte,
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6 Jul 2016 by Leave a Comment
Chairman of Bougainville Copper resigns, Deputy chair of BSP resigns, new partners at Deloitte’s
How an SME uses Bank South Pacific technology to cook with gas
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27 Jun 2016 by 3 Comments
Developing name recognition is essential to businesses at any level. That is what Helen Victor, owner of Zoenani Gas Supplies, has achieved—with the help of Bank South Pacific’s Smart Business start up package. When her customers see her coming, they say: ‘Here comes the Gas Lady.’ The familiarity has been crucial.
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