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 Danny Robinson outlines his bank’s digital-first approach, while the IFC’s Kevin Gani explains the path forward for other prospective banks.
Investment conference to focus on growth opportunities and business conditions in Papua New Guinea
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30 Jul 2024 by Leave a Comment
Disruptive technology, Papua New Guinea’s next wave of infrastructure and resources projects, and the rising influence of ESG on business are some of the topics to be covered by the upcoming 2024 Business Advantage PNG Investment Conference.
Could flexible work for parents boost Papua New Guinea firms’ productivity?
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16 Jul 2024 by Leave a Comment
Papua New Guinea businesses lose 14 workdays per employee each year to childcare responsibilities, according to a new study by the International Finance Corporation and PNG Business Coalition for Women. But employers have the power to solve this problem, the two leads of the landmark report tell Business Advantage PNG.
Breaking new ground: Tuhava Town shows the way for land use in Papua New Guinea
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2 Jul 2024 by 2 Comments
The ambitious housing development from Rhodes PNG Limited is a “first of its kind” land-use model that aims to deliver affordable housing to the country’s rising middle class.
People moves: Treasury, Bank of Papua New Guinea, World Bank, Datec PNG, IFC and Port Moresby Nature Park
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2 Jul 2024 by Leave a Comment
Treasurer reinstated and Bank of Papua New Guinea appoints new Financial Analysis and Supervision Unit (FASU) Director.
Kumul Minerals head: Wafi-Golpu contract to be completed by mid-2024
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4 Jun 2024 by Leave a Comment
Sarimu Kanu, Managing Director of state-owned miner Kumul Minerals Holdings, gives an update on the progress of the Wafi-Golpu mine project to Business Advantage PNG, and outlines the company’s strategy to consolidate some of Papua New Guinea’s smaller mining projects.
In brief: the Prime Minister of India visits Papua New Guinea and other business stories
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24 May 2023 by Leave a Comment
Reduced internet costs could be expected this year, the Finschhafen District Hydropower Project advances and the Prime Minister of India visits Papua New Guinea to participate in forum.
The future is now: how Papua New Guinea can harness renewable energies
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4 Oct 2022 by 1 Comment
From solar mini grids to green hydrogen, Papua New Guinea needs to look to renewable energies to solve its energy needs.
Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference
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24 Aug 2022 by Leave a Comment
Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.
Papua New Guinea could provide ‘ideal locations’ for green hydrogen production: IFC
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8 Aug 2022 by 4 Comments
Green hydrogen has been touted as the next big move to lower carbon emissions and Papua New Guinea is well positioned to develop this resource. Devesh Singh, the International Finance Corporation’s Operations Officer (Climate & Energy) – South Asia and Pacific, tells Business Advantage PNG what green hydrogen could mean for PNG and other developing nations.
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