Papua New Guinea’s top bankers discuss the kina, foreign exchange shortages, finance for business and the future of banking services.
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
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.
‘The new PNG cyberspace’: ecommerce set to take off in Papua New Guinea
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3 Jun 2016 by 6 Comments
With Papua New Guinea’s soon-to-be-completed National Transmission Network likely to bring improved internet speeds and reliability by the end of the year more PNG companies are expected to explore the possibility of selling goods and services online. Andrew Wilkins looks at the potential for ecommerce.
In brief: PM assures students 2016 Papua New Guinea Budget will be implemented, and other business news
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25 May 2016 by 1 Comment
O’Neill assures students 2016 Budget will be implemented, Singapore’s Jaya Holdings buys Moni Plus for K518million and Bougainville aims for mid-2019 independence vote. Your weekly digest of the latest business news.
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