Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, where about 75 per cent of the population remain unbanked. Business Advantage PNG talks to the key players find out what’s coming.
MiBank’s tech solution solves remote banking challenge in Papua New Guinea
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15 Feb 2024 by Leave a Comment
How do landowner groups in remote parts of Papua New Guinea conduct their banking without the internet and without a bank branch in sight? Microfinance business MiBank has come up with an award-winning solution.
Awards shine a light on Papua New Guinea’s innovators
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13 Nov 2023 by Leave a Comment
A food delivery service, a banking service for remote users and a new government portal for MSMEs were the big winners at the 2023 Innovation PNG Awards, announced last week.
People moves: MiBank, Coppermoly
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11 Jul 2022 by Leave a Comment
MiBank announces new Chairperson, new CFO at Coppermoly.
People moves: Bank of Papua New Guinea, Paradise Foods, Fortescue, OTML, Santos, MiBank, Credit Corp
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19 Jan 2022 by Leave a Comment
Changes at the Bank of Papua New Guinea, Paradise Foods announces new CEO, change at Fortescue Metals, Ok Tedi Mining Ltd (OTML) welcomes new board member, Santos appoints Chief Financial Officer, MiBank gets Independent Directors, and Credit Corp announces Non-Executive Director.
In brief: Bougainville’s President ends speculations about the future of Panguna and other business stories
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1 Feb 2021 by Leave a Comment
President Ishmael Toroama says Bougainville is not ‘colluding’ with third parties to reopen Panguna, new project to increase regional and international trade in the Pacific, and potential date for the launch of ISEZ’s project program.
In brief: Papua New Guinea confirms six new cases of COVID-19 and other business stories
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20 Jul 2020 by Leave a Comment
Papua New Guinea’s COVID-19 cases on the rise, Twinza Oil commences negotiations on Pasca-A, and K135 million for agriculture. The business news you need to kickstart your week.
People moves: City Pharmacy Limited, MiBank, Steamships
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17 Jul 2019 by 1 Comment
City Pharmacy Limited names new National General Manager and MiBank announces an addition to the MiBank Board.
In brief: Government plans five new highways and other business stories
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7 Nov 2018 by Leave a Comment
Government plans to build and open five new highways, Milbank launches women-only credit card, and PNG Power to upgrade two projects in Eastern Highlands and East New Britain. Your weekly digest of the latest business news.
In brief: Nambawan Super profit of K406 million, and other business stories
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13 Mar 2018 by Leave a Comment
Nambawan Super profit of K406 million, Bank South Pacific reports net profit of K1.99 billion, government agencies locked out of offices for allegedly non-payment of rents. Your weekly digest of the latest business news.
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