Ratings agency Standard & Poor’s says PNG’s banks operate in a ‘high risk’ environment, with regulation and supervision ‘comparatively lenient’.
Papua New Guinea banks operate in ‘high risk’ environment, says Standard & Poor’s
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29 Apr 2015 by Leave a Comment
Economic update: Papua New Guinea changes gear
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28 Apr 2015 by 7 Comments
Papua New Guinea’s economy is now emerging from a period of hiatus following the completion of its massive liquefied gas project. Andrew Wilkins talks exclusively to some of PNG’s top executives to find out their views on the economy.
Bank of Papua New Guinea closes down unauthorised foreign exchange trading
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18 Mar 2015 by 9 Comments
Papua New Guinea’s central bank has moved to stop offshore foreign banks, which don’t operate in PNG, from foreign exchange trading in the Kina.
In brief: Air Niugini expands services with Melanesian partnership, and other business stories
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18 Feb 2015 by
Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.
In brief: Newcrest output at Lihir ‘below expectations’ despite improvement, and other business stories
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4 Feb 2015 by Leave a Comment
Production issues hit Newcrest, Digicel launches cloud-based product, and Mitsui delivers PNG LNG carrier. Your weekly digest of the latest business news.
BSP expands further into the Pacific and launches new subsidiary
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4 Feb 2015 by
A commitment to growth throughout the Pacific region has continued for Papua New Guinea-based Bank of South Pacific, with the acquisition of new Pacific operations from Westpac and launch of a new subsidiary.
People moves: Westpac, ANZ
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19 Nov 2014 by
Westpac CEO to retire, New CEO for ANZ in Vanuatu
Five questions for … Lesieli Taviri, winner of the 2014 Westpac Oustanding Women Award
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29 Oct 2014 by 3 Comments
Earlier this month,Westpac Bank declared the General Manager of Origin Energy PNG, Lesieli Taviri, as this year’s winner of the Westpac Outstanding Women Award in Papua New Guinea. Business Advantage PNG spoke to Taviri about her career and aspirations.
What’s around the corner for the Pacific economy?
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10 Jun 2014 by Leave a Comment
The Pacific’s increasing integration with Asia, elections in Fiji and more leadership from Papua New Guinea are just some of the factors likely to shape the region over the coming year, according to the region’s three top bankers. In exclusive interviews with all three, Business Advantage PNG canvasses their thoughts on the year ahead.
In brief: First LNG shipment on board ship this week and other business stories
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15 May 2014 by Leave a Comment
First LNG cargo loaded this week, O’Neill announces inquiry into asset sales by PNGSDP, and more room for mobile phone operators, says NICTA. Your weekly digest of the week’s top business stories.
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