New way to pay: NiuPay drives online payments in Papua New Guinea

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Fintech company NiuPay is making headlines with its e-government solutions and a recent partnership with Kina Bank. Business Advantage PNG meets its Director, James Inglis, to learn more about the business.

In brief: Papua New Guinea confirms six new cases of COVID-19 and other business stories

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Papua New Guinea’s COVID-19 cases on the rise, Twinza Oil commences negotiations on Pasca-A, and K135 million for agriculture. The business news you need to kickstart your week.

Oil rebounds, LNG stabilises and palm oil up: our monthly review of Papua New Guinea’s commodities and financial markets

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The oil price has been extremely weak but the fall in LNG prices has stabilised and palm oil is up: a monthly review of Papua New Guinea’s commodities and financial markets. Business Advantage PNG’s monthly overview of commodity and financial markets.

In brief: Papua New Guinea’s financial institutions respond to State of Emergency and other business stories

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Papua New Guinea’s financial institutions offer businesses support for State of Emergency, Oil Search cuts staff, and Air Niugini to resume flights. The business news you need to kickstart your week.

Cashed up and ready to grow: Kina Bank’s plans for 2020

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Kina Bank’s operations have expanded dramatically after taking over ANZ’s retail operations in Papua New Guinea. In an exclusive interview, Chief Executive Officer Greg Pawson outlines to Business Advantage PNG its plans for growth. David James reports.

In brief: Papua New Guinea approves progress of Pasca LNG project

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Twinza Oil (PNG) to progress Pasca LNG project, Papua New Guinea’s Prime Minister has said that a Supplementary Budget may be announced within the next few weeks, and the Coral Sea Cable project is nearing completion. Your weekly digest of business news.

People moves: Cabinet mini-reshuffle, Kina Bank, Steamships, Newcrest, Singapore Government, Port Moresby General Hospital, Bougainville Copper

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Papua New Guinea Government names new Ministers, Kina and Newcrest get new COOs, Steamships appoints a director, new Singapore Honorary Consul-General, new head at Port Moresby General Hospital, and an addition to Bougainville Copper board.

In Brief: Bougainville Copper Limited says there is interest in reviving the Panguna Mine and other business stories

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Nine members of Papua New Guinea’s Parliament resigned from the People’s National of Congress, Bougainville Copper Limited said there is interest to revive the Panguna mine, and rice harvesting commenced at Rangiampun in Umi. Your weekly digest of business news.

ANZ’s new strategy for Papua New Guinea

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With regulatory approval finally received for ANZ’s sale of its retail banking assets in Papua New Guinea, ANZ PNG’s Chief Executive Officer Mark Baker talks to Business Advantage PNG about the bank’s future plans in the country.

In Brief: Kina Bank gets regulatory approval to acquire ANZ assets in Papua New Guinea and other business stories

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Kina Bank acquisition of ANZ assets gets regulatory approval, NASFUND members paid K8.5 million in interest and Nautilus to be delisted. Your weekly digest of business news.