Kina Bank announces K50 million for small and medium-sized businesses, Prime Minister Marape’s update on mining projects, and BSP Financial Group cautiously optimistic about Papua New Guinea’s post-COVID recover. The business news you need today. Ports Atlas Steel PNG has been awarded a contract under the PNG Ports Safety and Security Upgrades Program to supply […]
In brief: Kina Bank’s new loan for SMEs in Papua New Guinea and other business stories
Welcome,
19 Jul 2021 by 4 Comments
Nambawan Super focused on the long term
Welcome,
3 May 2021 by Leave a Comment
Papua New Guinea’s largest superannuation fund, Nambawan Super, is a major domestic investor across the economy. CEO Paul Sayer talks with Business Advantage PNG about the impact of the COVID-19 pandemic on its investments, and its future plans.
In brief: Prime Minister says deal for Porgera’s reopening imminent and other business stories
Welcome,
7 Apr 2021 by Leave a Comment
Prime Minister Marape says government is ‘poised to sign’ a deal to reopen the Porgera mine, World Bank to help PNG Power and OK Tedi Mining resumes operations.
People moves: Nambawan Super
Welcome,
10 Mar 2021 by Leave a Comment
Former Pacific Island Forum Secretary General joins Nambawan Board.
People moves: Credit Corp, PacTow, New Zealand High Commission, Nambawan Super
Welcome,
3 Feb 2021 by Leave a Comment
CEO resigns from Credit Corp, Pacific Towing welcomes a new Operations Manager, New Zealand announces a new Deputy High Commissioner to Papua New Guinea, and Nambawan Super appoints four Trainee Directors to the Board.
Kina readies fund to help Papua New Guinea’s SMEs unlock their potential
Welcome,
28 Jan 2021 by 7 Comments
Kina Bank’s Chief Executive and Managing Director Greg Pawson is expecting to start the SME Capital Fund this year, which will offer PNG businesses a new way of raising money. He tells Business Advantage PNG it should help business expand.
COVID-19 impact on Papua New Guinea superannuation funds
Welcome,
11 Nov 2020 by Leave a Comment
A study of retirement funds in the Pacific suggests Papua New Guinea’s superannuation funds should diversify their investments more. It also says COVID-19 has had an effect on the funds’ liquidity.
People moves: Westpac, Nambawan Super, Kumul Telikom, Capital Insurance
Welcome,
13 May 2020 by Leave a Comment
Nambawan Super elects a new Chairman, Westpac announces a Chief Executive, Specialist Business, Chairman of Kumul Telikom Holdings resigns, and CEO confirmed at Capital Insurance.
In brief: World Bank anticipates drop in exports for Papua New Guinea and other business stories
Welcome,
16 Mar 2020 by Leave a Comment
The World Bank predicts lower export revenue for Papua New Guinea, fuel prices set to fall, and retailer appeals for calm. The business news you need to kickstart your week.
In brief: Porgera Landowners Association presents a petition to renew mining lease and other business stories
Welcome,
20 Jan 2020 by Leave a Comment
The future could look bright for Porgera gold mine, Western Province announces its position on P’nyang, and Papua New Guinea’s Treasurer says non-resource growth for 2020 is projected at 3.3 per cent. The business news you need to kick-start your week.
USD 0.2501
AUD 0.4027
GBP 0.1998
EUR 0.2403
NZD 0.4449
JPY 39.44
SGD 0.3401
Recent readers’ comments