Finance
-
Papua New Guinea’s banks face high economic risks, reflecting debt and resource reliance, says ratings agency, S&P Global
‘We do expect both arrears and credit losses to worsen, whether that be the result of the falling global energy…
Read More » -
Bakani: Foreign Exchange Improving
The head of Central Bank of Papua New Guinea has announced the improvement of the foreign exchange rate.
Read More » -
Kina Bank Officially Opens New Branch in Vision City
Kina Bank opened its new branch at the Vision City Mall in Port Moresby today. Kina’s Chief Executive Officer, Syd…
Read More » -
NCSL Opens Membership to Non-Nasfund Members
NASFUND Contributors Savings & Loans Society Limited, NCSL, has opened its membership to non-NASFUND members. This comes after members at…
Read More » -
Opinion: What Papua New Guinea must do to achieve digital financial inclusion
Papua New Guinea has a high level of mobile phone penetration, but Tony Westaway, Managing Director of Nationwide Microbank, believes the…
Read More » -
How the Pacific’s three biggest banks approach the region: CEOs explain
The Pacific’s three biggest banks: Bank South Pacific, ANZ and Westpac have distinct approaches to the Pacific region. Their top…
Read More » -
UBS breaks ranks with push for mid-tier Asian millionaires
UBS Group AG plans to hire about 100 wealth management client advisors over the next two years in Hong Kong,…
Read More » -
Oil prices rise on expectation of output cut extension
Oil prices rose on Monday as Saudi Arabia's energy minister said an OPEC-led production cut scheduled to end in June…
Read More » -
Australia to hold new inquiry into ‘Big Four’ banks
Australia's four major lenders - Commonwealth Bank of Australia, Westpac Banking Corp, ANZ Banking Group and National Australia Bank -…
Read More » -
Investment Conference to focus on infrastructure, regions and innovation in Papua New Guinea
The program for the Business Advantage Papua New Guinea Investment Conference has been announced, highlighting business opportunities across PNG’s economy. The…
Read More »