Christine Iauve, a vegetable farmer from Magautou village, used to keep her hard-earned cash in a safe. Now she, and hundreds of others in rural and remote areas, are getting access to banking services, and setting ambitious goals.
BSP (including Financial Group)
Bank of South Pacific has announced the resignation of company director John Jeffery.
BSP announced the appointment of Haroon Ali as Chief Risk Officer for the BSP Group based in Papua New Guinea. Ali will take over from Robin Fleming, who becomes the BSP Group CEO from 1 June [link].
Interview: departing CEO Ian Clyne on three companies that have transformed Papua New Guinea forever
After five years as ‘boss bilong BSP’, Ian B Clyne completes his five-year appointment as the CEO of PNG’s largest bank at the end of this month. Business Advantage PNG caught up with him for one final chat.
Papua New Guinea’s business community has rallied round Buk bilong Pikinini (BbP), a charity dedicated to bringing literacy to children through libraries.
PNG violence, Vodafone in Madrid, PNG criticised for mining delays, the gold crash leads to a gold rush, and much more news from around the world
A new CEO announced for BSP, Bougainville Copper board changes and a new divisional manager at K K Kingston.
Oil and gas exploration and production company, Oil Search, has reported a US$175.8 m profit in its preliminary annual results, a 13% fall on last year, which the company attributes to high exploration expenses.
New Britain Palm Oil Limited reported a 70.4% gross profit decrease to US$81.6m in 2012.
Business Advantage PNG spoke with the region’s three most senior bankers to get their thoughts on the year ahead.