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.
Why is Bank South Pacific looking to list on the Australian Securities Exchange?
Welcome,
14 Apr 2021 by Leave a Comment
In brief: Negotiations with Twinza Oil still ongoing and other business stories
Welcome,
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
Welcome,
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
Welcome,
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
Welcome,
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.
In brief: Mineral Resources Authority commends K92 Mining for paying taxes and other business stories
Welcome,
27 Jan 2021 by 1 Comment
K92 Mining sets example in the mining industry in Papua New Guinea, Australia commits funds to help PNG get COVID-19 vaccinations and latest survey on COVID-19’s impact on the business community.
People moves: Kina Securities, Bank South Pacific, Oil Search, Newcrest
Welcome,
13 Jan 2021 by Leave a Comment
Kina Securities Ltd announces a new Non-Executive Director, Bank South Pacific (BSP) welcomes a new Director, Oil Search appoints a Communication Manager and Newcrest Mining welcomes new external affairs executive.
Money for something: Papua New Guinea SMEs should be cautious about loans
Welcome,
9 Nov 2020 by 6 Comments
SME Business Advisor Akae Beach, from Beach Accounting Advisory, looks at the pros and cons of taking part in the Papua New Guinea government’s SME concessional loan plan.
In brief: Papua New Guinea’s Datec for sale and other business stories
Welcome,
2 Nov 2020 by 1 Comment
Datec has been put up for tender, Horizon Oil set to leave Papua New Guinea and K92 Mining plans for investment. The business news you need to kickstart your week.
Building trust critical for a successful ecommerce, says digital agency founder
Welcome,
2 Nov 2020 by Leave a Comment
Zha Agabe-Granfar, founder of Verge, a boutique digital and design solutions agency based in Port Moresby, shares her top advice for SMEs seeking to thrive in the digital space: trust is king.
USD 0.2501
AUD 0.4027
GBP 0.1998
EUR 0.2403
NZD 0.4449
JPY 39.44
SGD 0.3401
Recent readers’ comments