Reasons why superannuation is critical to building a strong organisational culture in Papua New Guinea

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Six Papua New Guinean companies discuss the benefits of superannuation contributions and share with Business Advantage PNG why it can help companies reduce attendance problems and increase loyalty through super.

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In brief: Port Moresby Stock Exchange changes its name and other business stories

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Papua New Guinea’s stock exchange changes its name, Oil Search signs MoU to help sustainable agriculture, and PNG Power reviews financial reporting. Your weekly digest of business news.

In brief: Prime Minister James Marape visits Lae and other business stories

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Papua New Guinea Prime Minister James Marape makes his first provincial visit, the Attorney General Davis Steven moves to establish an Independent Commission Against Corruption (ICAC) and companies that don’t comply with the Independent Consumer and Competition Commission (Amendment) Act could face automatic penalties. Your weekly digest of business news. Last week, Prime Minister James […]

Low-cost solar power kits are lighting up rural Papua New Guinea  

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Sola PayGo is a solar power company offering a pay-as-you-go system that is tackling the low levels of electrification in remote parts of Papua New Guinea. Adeshola Ore talks with Chief Executive Sundar Ramamurthy.

In Brief: Kumul Petroleum and MRL Capital sign a Memorandum of Understanding and other business stories

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Kumul Petroleum Holdings and MRL Capital sign Lihir energy MOU, the CEO of Bank South Pacific sees ‘positive signs’ in Papua New Guinea’s economy and CPL’s new warehouse rises from the ashes. Your weekly digest of business news.

In Brief: Papua New Guinea’s growth to rebound in 2019 and other business stories

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ANZ releases a positive economic outlook for PNG, James Marape resigns as Finance Minister and the Boluminski Highway in New Ireland province is open. Your weekly digest of business news.

In Brief: signing of the Papua LNG project agreement deferred and other business stories

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The signing of the Papua LNG project deferred, PNG LNG signs Singapore deal, and Minister flags new Mining Act. Your weekly digest of the latest business news.

In Brief: Bougainville referendum postponed until October and other business stories

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Bougainville’s independence referendum deferral, Papua New Guinea ranked 109 out of 190 in the World Bank’s 2019 Ease of Doing Business Report and possible changes to the Foreign Investment Regulatory Bill. Your weekly digest of the latest business news.

People Moves: Bank South Pacific, DCITE

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A new Secretary at the Department of Communications, BSP banker retires.

Foreign exchange becoming more available, says BSP’s CEO Robin Fleming

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Robin Fleming, Chief Executive of Bank South Pacific – Papua New Guinea’s biggest bank – says foreign exchange availability is improving. In this exclusive interview with Business Advantage PNG, he also discusses BSP’s approach to risk, and its new digital offerings.