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Andrew Carriline and Paul Hutchinson have joined the Kina Securities Board. Jim Yap has retired from the Board. Carriline recently retired from Westpac, a major Australian bank, where he spent most of the last decade in senior risk roles. He was also most recently Chairman of Westpac’s business in PNG. Hutchinson was the Managing Director and Chief Executive Officer of Rural Bank.
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As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our … [Read More...]
Port Moresby’s flourishing dining scene now features a Thai restaurant – and it’s a good ’un. Lucky Lucky launched in late … [Read More...]
Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, … [Read More...]
The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab … [Read More...]
The Papua New Guinea kina’s exchange rate (mid-rate) against its main trading currencies, as of 22 April, 2024
USD 0.2634
AUD 0.4094
GBP 0.2127
EUR 0.247
NZD 0.4457
JPY 40.76
SGD 0.3586Source: Bank of PNG
From the Business Advantage blog 
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