Banking and finance

What’s around the corner for the Pacific economy?

10 Jun 2014 by Business Advantage PNG Leave a Comment

The Pacific’s increasing integration with Asia, elections in Fiji and more leadership from Papua New Guinea are just some of the factors likely to shape the region over the coming year, according to the region’s three top bankers. In exclusive interviews with all three, Business Advantage PNG canvasses their thoughts on the year ahead.
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Bank of Papua New Guinea intervenes on kina

5 Jun 2014 by Business Advantage PNG 3 Comments

The Bank of Papua New Guinea this week made a surprising move to support a weakening currency, at the same time acting to restrict the margins being made by the country’s foreign exchange dealers.
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Infrastructure the next key investment area: Kina Asset Management

23 Oct 2013 by Business Advantage PNG

The great untapped investment area in Papua New Guinea is infrastructure, according to Syd Yates, ‎Executive Director of investment fund Kina Asset Management Limited (KAML).
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Kina continues to fall after Christmas rally

30 Apr 2014 by Business Advantage PNG Leave a Comment

PNG’s kina has continued to fall against its major trading currencies, and is now at levels below those of September 2013, following a brief rally in late 2013 and early 2014.
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Papua New Guinea Sovereign Wealth Fund coming in a nick of time

25 Sep 2013 by Business Advantage PNG

With Papua New Guinea's Sovereign Wealth Fund (SWF) due to receive its first revenues next year, the Governor of the country's central bank has given his approval. Meanwhile, the International Monetary Fund has sounded a note of caution.
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Credit Corporation shareholders to decide on K250 million BSP offer

12 Sep 2013 by Business Advantage PNG

After negotiations which have lasted since January, Bank of South Pacific (BSP ) and Credit Corporation have entered into a 'Share Sale and Purchase Agreement', whereby BSP will acquire of Credit Corporation's financial services businesses, if Credit Corporation's shareholders approve.
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Opinion: Oil Search loan deal will affect Papua New Guinea’s Sovereign Wealth Fund

26 Mar 2014 by Paul Barker 1 Comment

Papua New Guinea's proposed Sovereign Wealth Fund was intended to stabilise the kina and secure assets for the future. But, as Paul Barker from the Institute of National Affairs argues, the government’s borrowing plan for Oil Search shares may jeopardise the fund’s effectiveness.
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Kina Finance launches first non-bank EFTPOS card

25 Mar 2014 by Business Advantage PNG

Kina Group has launched Papua New Guinea's first non-bank EFTPOS cash card.
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Moni Plus expands to compete with the big banks

29 Aug 2013 by Business Advantage PNG

Papua New Guinea finance company Moni Plus is in expansion mode, after launching a state-of-the-art online foreign exchange service earlier this year.
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Papua New Guinea mid-year budget outlook: What do analysts think?

7 Aug 2013 by Business Advantage PNG Leave a Comment

Papua New Guinea’s Treasurer Don Polye gave a comprehensive update on the nation’s economic outlook last week. We asked analysts for their reaction.
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Economic update: Will 2025 be Papua New Guinea’s golden year?

Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary … [Read More...]

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

Report from the 2024 Papua New Guinea Investment Conference

This week's 2024 Business Advantage PNG Investment conference saw top speakers from across the business sector and government come … [Read More...]

From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]
Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]

Banking and finance

What’s around the corner for the Pacific economy?

Bank of Papua New Guinea intervenes on kina

Infrastructure the next key investment area: Kina Asset Management

Kina continues to fall after Christmas rally

Papua New Guinea Sovereign Wealth Fund coming in a nick of time

Credit Corporation shareholders to decide on K250 million BSP offer

Opinion: Oil Search loan deal will affect Papua New Guinea’s Sovereign Wealth Fund

Kina Finance launches first non-bank EFTPOS card

Moni Plus expands to compete with the big banks

Papua New Guinea mid-year budget outlook: What do analysts think?

Editor’s picks

Economic update: Will 2025 be Papua New Guinea’s golden year?

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

Report from the 2024 Papua New Guinea Investment Conference

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