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.
In brief: Nambawan Super profit of K406 million, and other business stories
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Five questions for Nambawan Super CEO, Paul Sayer
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Super fund Nambawan Super is one of the largest sources of investment capital in Papua New Guinea. Paul Sayer was appointed CEO last August; he talks Business Advantage PNG about the fund’s approach to investments.
How to open up Papua New Guinea’s capital markets
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Could Papua New Guinea Government bonds and treasury bills soon be purchased anywhere in the world with the click of a button? A new working group aims to look at ways to modernise the way the country raises money.
People moves: Nambawan Super, WorleyParsons, Solomon Islands government
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Chief Investment Officer leaves Nambawan Super, a new board member for WorleyParsons, Solomon Islands Prime Minister voted out
Papua New Guinea must promote its financial system to the world, say financiers
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Leading financiers have called for better international marketing of the country’s financial system and assets. They told the Business Advantage Papua New Guinea Investment Conference, that it is an important step towards creating more mature financial markets.
Papua New Guinea Investment Conference ‘a resounding success’
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The Business Advantage Papua New Guinea Investment Conference was held last week in Sydney, successfully showcasing the nation’s potential as an investment destination and canvassing different views from the business community about the opportunities and challenges. A clear picture of the country’s—and the Pacific region’s—great untapped potential emerged.
People moves: National Executive Council, Bank South Pacific, Nambawan Super, RD Tuna Canners, Fuji Xerox, Remington Technology
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Nine new vice-Ministers appointed to the NEC, a new director at Bank South Pacific, a new CEO at Nambawan Super, an acting General Manager at RD Tuna Canners, and new General Managers at Fuji Xerox and Remington Technology
In brief: Foreign currency issues continue to cause problems, and other business stories
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Foreign currency issues continue to cause problems, profit announcements for Nambawan Super and Bank South Pacific and InterOil acquisition finalised. Your weekly digest of the latest business news.
People moves: HPHA, Nambawan Super, Deloitte
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A new chief at Hela Provincial Health Authority, a departure at Nambawan, and a new Managing Partner at Deloitte
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