Power outages in Papua New Guinea’s second largest city linked to K60 million debt, government looking into outstanding debts and new partnership between the Morobe Provincial Government and the National Airport Corporation. The business news in brief.
In brief: power outages in Lae explained and other business stories
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10 May 2021 by Leave a Comment
In brief: Vaccine roll-out commences in Papua New Guinea and other business stories
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5 May 2021 by Leave a Comment
Vaccine roll-out commences in Papua New Guinea, the effects of the liquor ban in PNG breweries, and funding for the Edevu Transmission and Electrification project. Your business news curated.
In brief: vaccine rollout announced for Papua New Guinea and other business stories
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3 May 2021 by 2 Comments
Vaccine rollout announced for Papua New Guinea’s 22 provinces, Enga Electrification Project gets funding and Kumul Petroleum to seek funding for gas fields overseas. The news in brief.
In brief: Link PNG and PNG Air seek to join forces and other business stories
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26 Apr 2021 by Leave a Comment
Link PNG reapplies to get a shareholding in PNG Air, Air Niugini announces new requirements for international travel and BSP launches new cashless product. The business news in brief.
In brief: Palm oil producers oppose fertiliser tax and other business stories
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14 Apr 2021 by Leave a Comment
Palm oil sector issues warning on fertiliser tax, the Ihu Special Economic Zone is launched, and SME loans total K20 million. Your midweek news in brief.
Why is Bank South Pacific looking to list on the Australian Securities Exchange?
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14 Apr 2021 by Leave a Comment
Bank South Pacific, Papua New Guinea’s biggest bank, has announced that it will seek secondary listing on the Australian Securities Exchange. David James considers the reasons behind the move and the implications.
In brief: Negotiations with Twinza Oil still ongoing and other business stories
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24 Mar 2021 by Leave a Comment
Negotiations for Twinza Oil’s Pasca A still ongoing, ANZ continues to waive fees for online transaction to 10 Pacific countries and Bank South Pacific implements a ‘no mask, no entry’ policy. The news in brief.
In brief: Bank South Pacific signals intention to list on ASX and other business stories
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15 Mar 2021 by Leave a Comment
Bank South Pacific signals intention to achieve dual listing, National Fisheries Authority gets ready to launch its 10-year plan and Papua New Guinea says farewell to its founding father.
We need more competition, says Bank South Pacific CEO
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11 Mar 2021 by Leave a Comment
Bank South Pacific has just announced its 2020 financial results amid tough trading conditions. CEO Robin Fleming talks to us about the bank’s plans for 2021, foreign exchange shortages, and the need for greater competition.
In brief: Papua New Guinea’s economy expected to recover by 2.5 per cent and other business stories
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15 Feb 2021 by 2 Comments
Bank South Pacific executive says Papua New Guinea’s economy will recover by 2.5 per cent, Marape launches seven projects in Kainantu including the Ramu Hydro Power Station 2 and K1 million allocated for communication towers in Gulf Province.
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