Business
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Papua New Guinea’s banks face high economic risks, reflecting debt and resource reliance, says ratings agency, S&P Global
May 18, 2017
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…
Susu Mamas Give Gifts to Mothers at Port Moresby General Hospital
May 17, 2017
Susu Mamas Give Gifts to Mothers at Port Moresby General Hospital
The gift giving coincided with Mother’s Day that followed the next day (Sunday 14).
Positive Gas Exploration Results for Muruk 1 gas well
May 16, 2017
Positive Gas Exploration Results for Muruk 1 gas well
Exploration work on the Muruk 1 Sidetrack or secondary well has come out successful, with the operator of the PNGLNG…
Bakani: Foreign Exchange Improving
May 14, 2017
Bakani: Foreign Exchange Improving
The head of Central Bank of Papua New Guinea has announced the improvement of the foreign exchange rate.
Kina Bank Officially Opens New Branch in Vision City
May 10, 2017
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…
NCSL Opens Membership to Non-Nasfund Members
May 10, 2017
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…
Opinion: What Papua New Guinea must do to achieve digital financial inclusion
May 9, 2017
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…
How the Pacific’s three biggest banks approach the region: CEOs explain
May 9, 2017
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…
Oil rebounds, as OPEC talks up cutting supply into 2018
May 9, 2017
Oil rebounds, as OPEC talks up cutting supply into 2018
Image: A worker looks on at the Bashneft-Ufaneftekhim oil refinery outside Ufa, Bashkortostan, Russia January 29, 2015. REUTERS/Sergei Karpukhin/File Photo By…
UBS breaks ranks with push for mid-tier Asian millionaires
May 8, 2017
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,…