CEO of ANZ PNG to become Kina Bank customer Speaking to an audience of Small to Medium Enterprise customers at the Stanley Hotel recently, Chief Executive Officer Mark Baker confirmed his ANZ accounts will transfer to Kina Bank when the acquisition of ANZ PNG’s Retail, SME and Commercial business takes place later this year.Read more
Contributors to Nambawan Super have received a 3.7% interest on their contributions following the announcement of the fund’s 2018 performance. Chairman of Nambawan Super, Anthony Smare, when announcing the super fund’s Full Year Results, said despite the difficult economic climate in PNG, sound investment decisions had returned significant positive results – despite these results being much lower than previous years.Read more
Since inception in October 2014, the program aims to educate the community on how to manage money and helps them to use the appropriate banking products and services.Read more
The Mining Minister today fronted the media to explain the process currently underway in preparation for a decision on the future of two mines in
A 57 year old man who joined the PNG University of Technology 26 years ago as a tea boy is now recognised by the University as a Barista. Omas Homili was employed by the University in 1993. He now manages a small corner in the Vice Chancellor’s office known as Papa Omas Café through the art of making coffee.Read more
Over 200 fresh vegetable vendors at 9 Mile outside of Port Moresby are concerned about the lack of proper market facilities for them to do business.Read more
On 19th March 2019 Wells Fargo, the fourth largest bank in the United States of America and Bank South Pacific’s (BSP) major US dollar correspondent bank awarded BSP the Wells Fargo Operational Excellence Crystal Award.Read more
TOKYO (Reuters) – Japanese business confidence worsened to a two-year low in the March quarter, a central bank survey showed, underscoring concerns that Sino-U.S. trade tensions and softening global demand were taking a toll on the export-reliant economy.
The damage was most pronounced among big manufacturers, where sentiment soured at the fastest pace in more than six years, stoking fears that uncertainty over the global outlook could discourage companies from spending on wages and expenditure.
Who would have thought the earnings from the sale of ice blocks can lead to owning and operating a bigger business? Dungul Umba now owns a tyre service, a trade store and a piggery, but it was all from the sale of ice blocks.Read more
Kina Bank has been given full regulatory approval to acquire ANZ PNG’s Retail, SME and Commercial businesses. This follows a determination by the Independent Consumer Competition Commission (ICCC) mid-this week.Read more
Minister for National Planning, Richard Maru, today visited the National Small Industries Corporation (NSIC) in New Delhi, India to learn how India is able to create 10 million jobs each year for its young people.Read more
Principal Legal Officer for the Joint Security Task Force for APEC PNG, Francis Aigilo, was selected to take part in the U.S. State Department’s International Visitors Leadership Program, which will focus on the U.S. State and Local Government.Read more
Siwai cocoa farmers, Steven and Elizabeth Seveke, winners of the 2018 Bougainville Chocolate Festival, are currently in Melbourne, Australia to meet with well-known Australian chocolate makers.Read more
There is a growing push for mix- energy supply in PNG to allow more people to access electricity.Read more
By Elizah Palme – EMTV Online, Port Moresby Asila Security Limited, the local security company that recently ventured into AviationRead more