Credit Corp expands into Timor-Leste, using the country’s 20-year plan as a ‘road map’

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A well-managed economy and a 20-year vision are two reasons Credit Corp has set up shop in Timor-Leste. Country Manager, Chris Durman, outlines his own vision to Business Advantage PNG.

People moves: Credit Corporation, Coffee Industry Corporation

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A new CEO at Credit Corporation, a new Chairman at the Coffee Industry Corporation.

Seven questions for Derek Aihari, Director of InvestSolomons

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The Solomon Islands economy has experienced steady growth over the last two years. Derek Aihari, Director of InvestSolomons tells Business Advantage PNG that the country is looking to develop its already close links to Papua New Guinea.

Credit Corp to open operations in Timor Leste, says CEO

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While it is adapting to increased competition and quieter market conditions at home, PNG’s largest finance company, Credit Corporation, is not standing still. Chief Executive Tor Bowen tells Business Advantage PNG that the company will open its first South East Asian operation, in neighbouring Timor Leste.

In brief: Chinese companies win bid to build Ramu 2 power project, and other business stories

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Two Chinese companies to build Ramu 2 power project, 95 per cent of logs sent to China, and Lae business leaders welcome ADB loan for key roads. Your weekly digest of the latest business news.

People Moves: Newcrest, Credit Corp, Miss PNG

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Senior management changes at Newcrest, a new CEO at Credit Corp and university student crowned as Miss PNG 2016

Signs of recovery: a monthly review of commodity prices and financial markets

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Despite short-term weaknesses, oil and gold prices are up over the year so far. Gas prices, although only half their 2014 peak, may be finding a floor while coffee prices are strong. Meanwhile, domestic equities have moved sideways, while some Australian miners have surged. Business Advantage PNG’s monthly overview of commodity and financial markets.

People moves: Credit Corporation, Kina Securities, Holding Redlich

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Two directors resign from Credit Corporation, Kina Securities appoints an Executive General Manager, Wealth, and Oceanie Lawyers merges with Holding Redlic

People moves: Kina Securities, Bank South Pacific, Credit Corp, Airswift

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A new Director at Kina Securities, a new General Manager (HR) at BSP, the Group CEO of Credit Corp to retire and a new Country Manager at AirSwift

People moves: PNG Power, Credit Corporation, Australian High Commission

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Changes to PNG Power’s senior management, a new Chairman at Credit Corp and a new Australian High Commissioner to PNG