Papua New Guinea’s business community has rallied round Buk bilong Pikinini (BbP), a charity dedicated to bringing literacy to children through libraries.
Around the world: High profile violence/Vodafone in Madrid/mining approval delays/busy Pacific Beat/Greek sell-off
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30 Apr 2013 by
PNG violence, Vodafone in Madrid, PNG criticised for mining delays, the gold crash leads to a gold rush, and much more news from around the world
People moves: BSP, Bougainville Copper, Kingston Retail
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17 Apr 2013 by
A new CEO announced for BSP, Bougainville Copper board changes and a new divisional manager at K K Kingston.
How will PNG’s and the Pacific’s economy fare in 2013?
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29 Jan 2013 by
Business Advantage PNG spoke with the region’s three most senior bankers to get their thoughts on the year ahead. ‘There will be some slowness in the year ahead based on global economic factors, but on the whole I’m reasonably positive,’ says ANZ’s CEO Pacific, Vishnu Mohan (pictured below). ‘I think the good news for the […]
People Moves: executive moves and changes relevant to Papua New Guinea
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17 Dec 2012 by
Changes at Steamships/BSP Geoff Cundle will take over as Managing Director and CEO of Steamships in January 2013. He replaces David Cox. Sean Pelling will be taking over the role of Finance Director, following the departure of Eddie Ruha, who has taken on the role of Chief Financial Officer PNG at Bank of South Pacific. […]
PNG and Fiji formalise closer business ties
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17 Dec 2012 by
If foreign investors have generally been wary of investing in Fiji since the 2006 coup, Papua New Guinea has been the exception. Most notably, in 2009, PNG’s Bank of South Pacific lived up to its name by acquiring Fiji’s Colonial Banking Group and has subsequently invested heavily to strengthen its local presence. A year earlier, […]
Managing the boom
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3 Jun 2012 by Leave a Comment
Halfway through the building of its major liquefied natural gas project, Papua New Guinea finds itself in a strong fiscal position, but with some key challenges. After ten straight years of economic growth, culminating in an impressive 8.9% increase in GDP in 2011 (compared to a world average of 4%), Papua New Guinea’s economy is […]
Reaching out to the unbanked
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1 May 2012 by Leave a Comment
Papua New Guinea’s strong financial services sector is becoming ever more sophisticated in servicing both the mass-market and premium ends of the market. ‘PNG continues to have a very, very strong banking sector. We are very lucky here to have the banks that we do. Investors want that, and they often don’t expect that there’s […]
BSP leads Papua New Guinea’s charge into the Solomons
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1 Feb 2012 by Leave a Comment
Papua New Guinea firms are playing a key role in the Solomon Islands as investment floods in. The opening of a landmark new head office building in central Honiara marks the final stage of the takeover by Bank South Pacific (BSP) of the former National Bank of Solomon Islands (NBSI). It also symbolizes the pivotal […]
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