Normal services along the Highlands Highways resume, coffee exports steady but expected to fall next year, and China approves loan for PMIZ. Your weekly digest of the latest business news.
BSP (including Financial Group)
Nine new vice-Ministers appointed to the NEC, a new director at Bank South Pacific, a new CEO at Nambawan Super, an acting General Manager at RD Tuna Canners, and new General Managers at Fuji Xerox and Remington Technology
A new online survey by Business Advantage PNG to identify Papua New Guinea’s most recognisable local brands suggests that there are four stand out companies. So, what makes brands ‘stick’ with consumers?
Businesses in Papua New Guinea seeking to establish a presence in the Asian region are increasingly looking at Singapore as a stepping-stone to expand their market reach or increase their shareholder base. There is also growing interest from Singapore-based businesses looking at the PNG market.
Bank South Pacific, Papua New Guinea’s biggest bank, has made ts 2017 AGM shareholder presentation. Analysts say it indicates the bank is travelling strongly, but does face some risks.
BSP enters a joint venture deal in Cambodia, management restructure planned for PNG Power, and government shelves GST rise. Your weekly digest of the latest business news.
The economic risks faced by the three main commercial banks in Papua New Guinea are very high, says ratings agency S&P Global Ratings. But Associate Director Andrew Mayes tells Business Advantage PNG, credit risk is ‘well-managed’.
Demand for housing in Papua New Guinea is strong but there is a shortage of supply, according to the latest survey by Hausples, a Port Moresby-based real estate technology company.
Bank South Pacific appoints brand ambassador, Pacific Chief Trade Adviser moves on.
Bank South Pacific postpones its proposed listing on the ASX, Asian Development Bank Director predicts growth to rise in 2018, and K20 million to help fight coffee borer. Your weekly digest of the latest business news.