Oil slips as focus shifts from Trump to crude glut, OPEC
Image: Oil pump jacks are seen next to a strawberry field in Oxnard, California February 24, 2015. REUTERS/Lucy Nicholson By Ethan Lou NEW YORK (Reuters) –...
Category : Finance
Mexico peso sinks to life lows as Trump wins U.S. presidency in upset
By Michael O’Boyle and Noe Torres MEXICO CITY (Reuters) – The Mexican peso collapsed after Republican Donald Trump defied predictions and beat Democratic rival Hillary...
Bank South Pacific Releases 3rd Quarter Report
Bank South Pacific released its 3rd Quarter Report today, announcing a net after tax profit of K165.3 million. The profit represents a 5 per cent...
Executive Director Ian Clough explains how the Brian Bell Group plans to expand and achieve economies of scope
The Brian Bell Group is a diversified retail conglomerate that is one of Papua New Guinea’s oldest companies. Executive Director Ian Clough tells Business Advantage...
In brief: Kina depreciated by 36% since 2012, Reserve Bank governor reveals, and other business stories
The Reserve Bank’s Loi Bakani says managing a depreciating kina is ‘very difficult’, Canadian court to hear appeal against InterOil buyout, and Coffee Industry Corp...
Melanesian oceans worth K1.76 trillion says World Wildlife Fund
A report by the World Wildlife Fund (WWF) into the seas around Melanesian has calculated that its Gross Marine Product is equivalent to the combined...
Digitising Government Payments for Increased Market accessibility
The Treasury Department and Bank of Papua New Guinea are assisting the Government to digitise all government payments and make markets more accessible. Since November...
Quality security culture depends on managing staff and risk well, says Black Swan’s CEO Brian Kelly
Image: Black Swan operations room Source: Black Swan International Managing security staff effectively and building a solid esprit de corps requires some special management approaches, Brian...
Papua New Guinea’s resources sector still has some ‘bright stars’, says Anderson
Times are undoubtedly tough in Papua New Guinea’s mining and petroleum sector, but as the industry prepares for its biennial conference in Sydney in December,...
Kina Securities to Administer Nasfund Funds
The Funds Administration Division of leading financial institution, Kina Securities Limited, has won the mandate to provide fund administration services to the National Superannuation Fund...