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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20 Jul 2016 by Leave a Comment
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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13 Jul 2016 by Leave a Comment
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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27 Apr 2016 by
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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9 Dec 2015 by
Changes to PNG Power’s senior management, a new Chairman at Credit Corp and a new Australian High Commissioner to PNG
In brief: Oil Search rejects Woodside takeover bid as ‘highly opportunistic’, and other business stories
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16 Sep 2015 by Leave a Comment
Analysts predict Woodside will up its takeover offer for Oil Search, Business leader estimates K1.5 billion in foreign currency waiting for processing, and NZ re-opens its trade office in Port Moresby. Your weekly digest of the latest business news.
In brief: Credit Corp profit down after completion of LNG plant, and other business stories
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1 Jul 2015 by Leave a Comment
Credit Corp profit down, companies begin closing offshore foreign currency accounts, and new air navigation system to be installed across Papua New Guinea. Your weekly digest of the latest business news.
In brief: Treasury to review 2015 Papua New Guinea Budget, and other business stories
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27 May 2015 by Leave a Comment
Falling commodity prices and rating outlook drop prompts Budget review, O’Neill supports Madang marine zone and new police chief to boost numbers in Port Moresby. Your weekly digest of the latest business news.
In brief: Moves to reduce internet charges and other business stories
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18 Mar 2015 by 1 Comment
New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.
Papua New Guinea’s oldest finance company remains optimistic
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3 Dec 2014 by 1 Comment
Papua New Guinea’s credit finance industry has had ‘a challenging year’, according to Peter Burland, at one of the country’s leading finance companies, Credit Corporation Finance Ltd. Despite that, the company has expansion plans, he tells Business Advantage PNG.
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