Kina readies fund to help Papua New Guinea’s SMEs unlock their potential

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Kina Bank’s Chief Executive and Managing Director Greg Pawson is expecting to start the SME Capital Fund this year, which will offer PNG businesses a new way of raising money. He tells Business Advantage PNG it should help business expand.

People moves: Kina Securities, Bank South Pacific, Oil Search, Newcrest

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Kina Securities Ltd announces a new Non-Executive Director, Bank South Pacific (BSP) welcomes a new Director, Oil Search appoints a Communication Manager and Newcrest Mining welcomes new external affairs executive.

Kina Bank buys Westpac’s Pacific assets in billion kina deal

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Kina Bank has consolidated its position as Papua New Guinea’s second largest bank, and also taken a first step towards becoming a regional bank, by acquiring the assets of Westpac in Papua New Guinea and Fiji.

Pandemic push: Kina Bank’s ambitious ecommerce plans for Papua New Guinea

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Kina Bank is introducing some ambitious enhancements to its digital services. Chief Executive Officer Greg Pawson outlines his plans to Business Advantage PNG.

In brief: Papua New Guinea paves the way for Papua LNG, and other business stories

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Parliament passed six key pieces of legislation that allow the Papua LNG project to move forward, Australia’s Prime Minister cancels his trip to Papua New Guinea and cocoa farmers in East Sepik Province ready to benefit from new project. The business news you need to kickstart your week.

‘Promising’ forecast: Papua New Guinea’s economy doing well compared to neighbours, says bank

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Papua New Guinea is increasing its debt by less than other nearby nations and the contraction of its economy is not expected to be as severe as the world average, says a Kina Bank report.

‘Focus on what you can control’: showing leadership during Papua New Guinea’s pandemic

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The COVID-19 pandemic in Papua New Guinea has presented a unique set of challenges to business leaders and owners of all kinds. The heads of three of the country’s top companies have discussed their leadership approaches during a special Business Advantage PNG online business briefing. 

In brief: Papua New Guinea to make public resource project deals and other business stories

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Papua New Guinea set to make resource project agreements public starting 2021, news on Wafi-Golpu and Kina Bank releases its Mid-Year Economic and Fiscal Outlook. The business news you need to kickstart your week.

Appetite for change: best practice tips for Papua New Guinea ecommerce

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Small businesses could be up and running with an ecommerce site in as little as a month, if they follow the advice of Robert Webber and Kaye Iling, the brains behind Food Pro PNG’s recent ecommerce launch.

In brief: Business Council reminds Papua New Guinea government to pay K2.8 billion debt and other business stories

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Business Council reminds government of its K2.8 billion debt, Newcrest to be listed on Canada’s stock exchange and Papua New Guineans open up about the Zhenhua data breach. The business news you need to kickstart your week