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Credit Corporation was one of two financial institutions to receive PNG commercial banking licences this month, with more new banks planned. Credit Corp’s Chief Executive Craig Robinson outlines his bank’s digital-first approach, while the IFC’s Kevin Gani explains the path forward for other prospective banks.
As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our … [Read More...]
Port Moresby’s flourishing dining scene now features a Thai restaurant – and it’s a good ’un. Lucky Lucky launched in late … [Read More...]
Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, … [Read More...]
The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab … [Read More...]
The Papua New Guinea kina’s exchange rate (mid-rate) against its main trading currencies, as of 26 August 2024
USD 0.257
AUD 0.3824
GBP 0.1961
EUR 0.2311
NZD 0.4175
JPY 37.44
SGD 0.3363Source: Bank of PNG
From the Business Advantage blog 
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