Businesses in Papua New Guinea may be finding it hard to get foreign exchange, but credit quality within the domestic economy remains relatively healthy. Finance executives and analysts tell Business Advantage PNG that there has been only a slight deterioration of kina-denominated credit, despite the weak economy.
Domestic credit in Papua New Guinea sound, say finance executives
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12 Jul 2017 by Leave a Comment
Credit & Data Bureau improving financial accountability in Papua New Guinea, says MD Bruce Mackinlay
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22 Nov 2016 by Leave a Comment
The World Bank’s Ease of Doing Business singled out a new private credit bureau as having ‘improved the credit information system in Papua New Guinea.’ Bruce Mackinlay, Managing Director of the Credit & Data Bureau, tells Business Advantage PNG that the organisation is improving the country’s transparency and accountability.
Economic update: our annual snapshot of Papua New Guinea’s economy
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16 Apr 2013 by
Papua New Guinea enters 2013 with a new government in place, a major gas project nearing completion and some ambitious development goals, reports Business Advantage PNG’s Andrew Wilkins.
Credit bureau a sign of Papua New Guinea’s growing consumer market
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19 Feb 2013 by
When it comes to enforcing contracts, Papua New Guinea ranks 166 out of 185 in the World Bank’s ‘Ease of Doing Business’ survey. Small wonder the country’s only credit bureau is growing fast. Credit & Data Bureau (CDB) provides credit histories on almost 150,000 Papua New Guineans and more than 16,000 local businesses to a […]
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