Members of Nambawan Super to enjoy 9% Interest on their savings
Board Chairman, Anthony Smare, said the board was happy to make this announcement of increased profit, despite the challenging economic conditions of 2016....
Category : Finance
Opinion: What Papua New Guinea taught me about doing business
Now a Chief Financial Officer based in the UK, Aarish Shah occupied senior executive roles in Papua New Guinea for nearly a decade. Here he...
NASFUND Announces 2016 Financial Year Results, Revealing Strong Performance
Despite tough economic conditions in 2016, a major superannuation provider has managed to achieve solid financial results. On Thursday, NASFUND announced its results for the...
InterOil shareholders approve revised takeover proposal
InterOil shareholders have overwhelmingly approved a revised takeover bid from ExxonMobil, despite opposition from InterOil founder, Phil Mulacek. In a statement, InterOil has reported over...
What the IMF says will solve PNG’s problems
An IMF report on Papua New Guinea has suggested that the Government has responded to pressures on the budget and foreign exchange shortages. It has...
Global demand for energy to rise but it may not mean higher prices, says expert
World demand for energy will double by 2050, according to Professor Peter McCabe, Head of the Australian School of Petroleum at the University of Adelaide....
What’s on the agenda for Papua New Guinea business in 2017?
As Papua New Guinea business gets back to work, Business Advantage PNG looks at some of the issues coming up in 2017. It looks likely to be...
Why many Papua New Guinea companies become conglomerates
Conglomerates have become a rare breed in developed economies; the strategy of diversifying across different industry sectors tends to be punished by investors who prefer...