Tapping the potential: Visa ramps up ecommerce in Papua New Guinea and the Pacific

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Credit card giant Visa is fast-tracking its digital revolution to the Pacific due, in part, to COVID-19. According to its senior South Pacific executive, there will benefits for both businesses and consumers.

In brief: Wafi-Golpu closes in on environmental permit and other business stories

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Wafi-Golpu close to environmental permit, Kina Bank to launch capital fund for SMEs and PNG LNG delivers its highest production moment yet despite the COVID-19 pandemic. The business news you need to kickstart your week.

Package delivered: government gives first K$100m to help Papua New Guinea SMEs

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The first half of the Papua New Government Government’s promised K200 million funding for small and medium-sized enterprises has been handed over to Bank South Pacific. The money will be used to provide subsidised business loans.

Appetite for change: best practice tips for Papua New Guinea ecommerce

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Small businesses could be up and running with an ecommerce site in as little as a month, if they follow the advice of Robert Webber and Kaye Iling, the brains behind Food Pro PNG’s recent ecommerce launch.

‘Another 20 years wasted’? Ramamurthy says the stakes are high for internet reform in Papua New Guinea

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It is critical Papua New Guinea does not squander the opportunities provided by the Coral Sea Cable System, says the Chair of the Business Council of PNG’s Internet Working Group, Sundar Ramamurthy.

Tickets without queues: Ticket Bilum solves ticketing dilemma in Papua New Guinea

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Want to buy tickets to see your favourite rugby team but can’t afford to spend two hours queuing to get seats? The Papua New Guinean app Ticket Bilum comes to the rescue. Its owner, Tidman Ikosi, talked about the app’s inception, its future and COVID’s silver lining during an ecommerce forum.

In brief: Papua New Guinea and Twinza reach landmark terms for Pasca A project and other business stories

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Prime Minister Marape announces that after successful negotiations an agreement has been reached for the PASCA Offshore Petroleum Project, Barrick Niugini lodges an application for Judicial Review of the purported grant of a special mining lease to Kumul Minerals Holdings and Bougainville’s new president. The business news you need to kickstart your week.

In brief: Kina Bank set to restock chests and other business stories

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Kina Bank announces an equity raising, Ok Tedi Mining reports K50 million interim dividend and the Prime Minister aiming to reach agreements on major resource projects by the end of the year. The business news you need to kickstart your week.

Bank South Pacific to launch new online payment system

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Bank South Pacific’s new BSP Pay service is launched this month with a view to helping MSMEs reach its 1.8 million customers online.

In brief: Nadzab Airport redevelopment project officially launched and other business stories

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Nadzab airport set to get a major facelift, PNG Ports says only three ports are profitable, and SIM card registration deadline extended. The business news you need to kickstart your week.