People moves: Bank South Pacific, Pacific Towing

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Bank South Pacific welcomes a new Group General Manager Compliance and Pacific Towing appoints a Safety Manager.

In brief: Parliament passes 10 Papua LNG Project Amendment Bills and other business stories

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Parliament passes Papua LNG Project Amendments Bills, the Minister for Petroleum announces that the P’nyang gas field project will be a standalone project, and Twinza Oil says it expects the first production of liquids from the Pasca A condensate gas field by 2022. Your weekly digest of business news.

People moves: Westpac PNG, Bank South Pacific Vanuatu

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A new Chairman of Westpac PNG, BSP Vanuatu appoints first female board member

Bank South Pacific’s vision for digital banking

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Bank South Pacific is broadening its digital offering, according to Nuni Kulu, BSP’s General Manager, Digital. She told the 2019 Business Advantage Papua New Guinea Investment Conference that technology is driving big changes in the banking landscape.

Reasons why superannuation is critical to building a strong organisational culture in Papua New Guinea

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Six Papua New Guinean companies discuss the benefits of superannuation contributions and share with Business Advantage PNG why it can help companies reduce attendance problems and increase loyalty through super.

In brief: Port Moresby Stock Exchange changes its name and other business stories

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Papua New Guinea’s stock exchange changes its name, Oil Search signs MoU to help sustainable agriculture, and PNG Power reviews financial reporting. Your weekly digest of business news.

In brief: Prime Minister James Marape visits Lae and other business stories

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Papua New Guinea Prime Minister James Marape makes his first provincial visit, the Attorney General Davis Steven moves to establish an Independent Commission Against Corruption (ICAC) and companies that don’t comply with the Independent Consumer and Competition Commission (Amendment) Act could face automatic penalties. Your weekly digest of business news. Last week, Prime Minister James […]

Low-cost solar power kits are lighting up rural Papua New Guinea  

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Sola PayGo is a solar power company offering a pay-as-you-go system that is tackling the low levels of electrification in remote parts of Papua New Guinea. Adeshola Ore talks with Chief Executive Sundar Ramamurthy.

In Brief: Kumul Petroleum and MRL Capital sign a Memorandum of Understanding and other business stories

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Kumul Petroleum Holdings and MRL Capital sign Lihir energy MOU, the CEO of Bank South Pacific sees ‘positive signs’ in Papua New Guinea’s economy and CPL’s new warehouse rises from the ashes. Your weekly digest of business news.

In Brief: Papua New Guinea’s growth to rebound in 2019 and other business stories

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ANZ releases a positive economic outlook for PNG, James Marape resigns as Finance Minister and the Boluminski Highway in New Ireland province is open. Your weekly digest of business news.