MiBank’s tech solution solves remote banking challenge in Papua New Guinea

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How do landowner groups in remote parts of Papua New Guinea conduct their banking without the internet and without a bank branch in sight? Microfinance business MiBank has come up with an award-winning solution.

TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead

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A final investment decision on the Papua LNG project remains on the agenda for this year. Managing Director of project lead TotalEnergies E&P PNG, Jean-Marc Noiray, walks Business Advantage PNG through the milestones ahead for the US$10 billion-plus gas project.

Economic growth is key to easing foreign exchange crunch, says Bank of Papua New Guinea Chairman

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Chairman of the Bank of PNG, David Toua, talks exclusively about reforms to the central bank, the foreign exchange situation, interest rates and the phasing out of bank cheques.

GoFood PNG delivers for expanding middle class and youth markets, sets sights on expansion

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GoFood PNG started its food delivery service in 2016 with a single car and a website. After explosive growth during the COVID-19 emergency, it’s now preparing to expand into new markets, including Lae and Mount Hagen.

Papua LNG investment decision faces delay as financiers grapple with climate concerns

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The final investment decision for the TotalEnergies-led Papua LNG project, which would spark a fresh investment boom in Papua New Guinea, still faces significant hurdles, as growing environmental activism makes finance harder to arrange and international energy projects compete for scarce construction resources.