The advent of electronic banking in Papua New Guinea has the potential to significantly modernise and expand the country’s financial system Greg Pawson, General Manager of Westpac Pacific tells Business Advantage PNG.
Electronic banking will revolutionise Papua New Guinea, says Westpac’s Pacific chief
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28 Feb 2017 by Leave a Comment
In brief: Agriculture Minister calls for annual 10% Budget investment in sector and other business stories
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29 Nov 2016 by
Tomscoll says government must invest in agriculture if the economy is to survive, government waiting for Chinese funding of PMIZ a year after launch, and O’Neill discusses closer ties with Thailand. Your weekly digest of the latest business news.
People moves: Westpac, University of Goroka, International Olympic Committee
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17 Aug 2016 by Leave a Comment
Westpac appoints a new Managing Director for PNG, a new Vice-Chancellor at the University of Goroka, and PNG woman elected to the International Olympic Committee
In brief: InterOil sale may raise competition issues and other business stories
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27 Jul 2016 by 1 Comment
Competition Commission concerned about possible monopoly in gas sector, O’Neill to issue statement on government shareholding in BCL and ANZ Bank CEO says there may be a need for a Supplementary Budget. Your weekly digest of the latest business news.
In brief: Papua New Guinea forex pressure to ease by the end of April says BSP CEO, and other business stories
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16 Mar 2016 by Leave a Comment
Ok Tedi’s cashflow plus new loan to ease foreign exchange situation, feasibility study to look at water pipeline from Highlands to Queensland, and illegal fishing in Pacific costs US$660 million a year. Your weekly digest of the latest business news.
In brief: Mining resumes at the Porgera gold mine following partial closure, and other business stories
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25 Nov 2015 by Leave a Comment
Suspension of operations at Porgera mine lifted after 16 days, consumers to wait for imported vegetables, and Woodside reiterates ‘fairness’ of Oil Search takeover offer. Your weekly digest of the latest business news.
In brief: PM to launch construction phase of Pacific Marine Industrial Zone project, and other business stories
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4 Nov 2015 by Leave a Comment
Pacific Marine Industrial Zone construction to start this month, personnel emoluments overruns costing PNG millions, and Newcrest Mining delivers profit. Your weekly digest of the latest business news.
People moves: Westpac Bank, Defence Commercial Inc., IFC
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14 Oct 2015 by Leave a Comment
A new Head of Retail Banking at Westpac, an interim Manager for Defence Commercial Inc., and a new Media Consultant at the International Finance Corporation
In brief: BSP bid to buy Westpac Vanuatu rejected, and other business stories
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29 Jul 2015 by Leave a Comment
Vanuatu’s Reserve Bank rejects sale of Westpac Vanuatu to BSP, Airlines PNG invited to fly into Samoa and ‘show cause’ notice issued over slow progress of new Lae highway. Your weekly digest of the latest business news.
In brief: Papua New Guinea’s Bank of South Pacific completes purchase of three Westpac Pacific operations, and other business news
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15 Jul 2015 by Leave a Comment
Bank of South Pacific finalises purchase of Westpac’s Tonga, Samoa and Cook Islands banks; Special Economic Zone agreement in East Sepik and Santos reportedly buying into P’nyang gas field. Your weekly digest of the latest business news.
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