People moves: Bank South Pacific

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Bank South Pacific (BSP) welcomes a new member to its board.

In brief: Papua New Guinea’s financial institutions respond to State of Emergency and other business stories

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Papua New Guinea’s financial institutions offer businesses support for State of Emergency, Oil Search cuts staff, and Air Niugini to resume flights. The business news you need to kickstart your week.

People moves: Easy Skill, Bank South Pacific

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Easy Skill announces a new Immigration Specialist and BSP Vanuatu welcomes a Head of Corporate.

In brief: Kavieng Airport in New Ireland Province set for an upgrade and other business stories

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The National Airport Corporation signs an agreement to upgrade Kavieng Airport, NKW Fresh signs a deal to support farmers in Morobe Province and Air Niugini turns around K133 million loss in 2018 to a profit. The news you need to kickstart your week.

How to unlock funds to invest in Papua New Guinea’s infrastructure

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Commercial banks call for collaboration, communication and an awareness of risk if they are help finance what could be an infrastructure boom in Papua New Guinea.

In brief: Papua New Guinea’s Treasurer announces a deal to address forex issues and other business stories

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Treasurer Ian Ling-Stuckey announces a deal with the Bank of Papua New Guinea to improve the availability of forex in the country, the Australian Government and the International Monetary Fund pledge to help PNG in its medium term revenue strategy, and Lihir Gold Mining Limited to pay K54 million directly to landowners. Your weekly digest of business news.

In brief: negotiations for P’nyang hit a wall and other business stories

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Minister expresses disappointment over P’nyang negotiations, companies owe about K1.8 billion in salaries and wages to the Internal Revenue Commission, and Australia is set to provide over K1 billion loan to PNG. Your weekly digest of business news.

Bank South Pacific’s CEO gives his predictions for 2020

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In this exclusive interview, Bank South Pacific’s Chief Executive Officer, Robin Fleming, speaks with Business Advantage PNG about the real impact of Papua LNG and P’nyang, how power cuts are affecting mobile banking and the prospects for business in 2020.

Papua New Guinea’s service sector on the cusp of ‘enormous opportunities’ [video]

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One of the sectors to receive a boost from improved internet connectivity in Papua New Guinea will be its business services sector, according to a panel of experts speaking at the recent Business Advantage PNG Investment Conference. David James examines some of the likely opportunities.

In brief: Ramu Nico Mine opens after temporary closure and other business news

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Ramu Nico Mine resumes operations, Chile’s president cancels the 2019 APEC Leader’s Week, and Bank South Pacific releases its third quarter results. Your weekly digest of business news.