People moves: Fincorp, Credit Corp

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A new chair at Fincorp, an acting chair at Credit Corp Finance Corporation Limited (Fincorp) has appointed Sir Nagora Bogan as its independent board chairman. Sir Nagora was previously the chairman and trustee of Nambawan Super Limited, PNG’s ambassador to the United States with concurrent accreditation to Canada and Mexico, chancellor and chairman of the PNG […]

People moves: Credit Corporation

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Changes at Credit Corporation

People moves: Credit Corporation, PNG Air

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A new general manager for Credit Corporation, a resignation at PNG Air.

People moves: Bank South Pacific, Credit Corp, Kutubu Special Purpose Authority, Oil Search, Westpac Outstanding Woman of the Year

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BSP appoints new General Manager for Pacific Islands, new board appointments at Credit Corp, new board members at Kutubu Special Purpose Authority, resignation at Oil Search and Westpac chooses its Outstanding Woman of the Year.

In brief: Public debt stands at 31.9 per cent of GDP, and other business stories

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Total public debt stands at K23.5 billion, review of gun licences for private security firms likely, and People’s Micro Bank to be commercialised later this year. Your weekly digest of the latest business news.

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.