A commitment to growth throughout the Pacific region has continued for Papua New Guinea-based Bank of South Pacific, with the acquisition of new Pacific operations from Westpac and launch of a new subsidiary.
In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories
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28 Jan 2015 by Leave a Comment
Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.
Papua New Guinea’s oldest finance company remains optimistic
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3 Dec 2014 by 1 Comment
Papua New Guinea’s credit finance industry has had ‘a challenging year’, according to Peter Burland, at one of the country’s leading finance companies, Credit Corporation Finance Ltd. Despite that, the company has expansion plans, he tells Business Advantage PNG.
In brief: Crater Gold wins mining licence, and other business stories
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12 Nov 2014 by
Government go ahead for Crater Mountain gold mining, Bank of South Pacific profits rise 16%, study to upgrade Ramu Highway signed. Your weekly digest of the latest business news.
In brief: Share restructuring and recapitalisation at Airlines PNG, and other business stories
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15 Oct 2014 by Leave a Comment
Share buyback and recapitalisation at Airlines PNG, lucrative tuna deal signed with United States, and Digicel in talks over buying shares in EMTV. Your weekly digest of the latest business news.
In brief: Power workers delay strike action for a week, and other business stories
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9 Oct 2014 by Leave a Comment
Power workers give management another week to respond to pay claims, the People’s Micro Bank to get a full banking licence, Sime Darby withdraws from takeover talks with NBPOL. Your weekly digest of the latest business news.
People moves: Bank of South Pacific
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9 Oct 2014 by
A new board member at the Bank of South Pacific
Fiji’s return to democracy expected to bring investment opportunities
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17 Sep 2014 by Leave a Comment
Foreign investment in the Fiji economy is expected to return, following the first democratic election since the 2006 coup. Tourism, infrastructure and natural resources are three sectors expected to benefit, but economists and business leaders say that will depend on political and policy stability, as Kevin McQuillan reports.
The quotable 2014 Papua New Guinea Advantage Investment & Infrastructure Summit
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11 Sep 2014 by 2 Comments
The Papua New Guinea Advantage Investment and Infrastructure Summit was held in Port Moresby this week. Over two days, delegates heard about Port Moresby becoming ‘the Dubai of the Pacific’, tax incentives in the 2015 Budget and how to develop relationships with Chinese business. Here are some highlights.
In brief: O’Neill declares PNG moving towards a new regime of ‘managed economic growth’ and other business stories.
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3 Sep 2014 by
A new approach to managing PNG’s economy, Manus Island detention centre to be ‘wound down’, and PNG cricketers turning professional. Your weekly digest of the latest regional business news.
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