The key to boosting the use of mobile phone banking services in the Pacific is ‘trust’ in the system, particularly as mobile phone providers themselves begin providing financial services, according to a new report by the Asian Development Bank (ADB).
People moves: MiBank, Parties to the Nauru Agreement
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20 Apr 2016 by
MiBank appoints a new Chairman, Papua New Guinean appointed to head up the Parties to Nauru Agreement, a new Country Manager for AirSwift
People moves: ANZ Bank, PNG Government, MiBank, Newcrest, Melanesian Spearhead Group
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13 Apr 2016 by
ANZ appoints Pacific Regional Executive, new Government Ministers, a new board member at MiBank, Newcrest appoints a new External General Manager and a new Director-General at the Melanesian Spearhead Group.
In brief: Pacific Marine Industrial Zone gets the go ahead, and other business stories
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13 Apr 2016 by
Government tells Chinese company to start building Madang’s Pacific Marine Industrial Zone, new Tourism Minister unimpressed with Tourism Promotion Authority and second LNG ship is named Kumul. Your weekly digest of the latest business news.
Micro finance sector in Papua New Guinea expanding services
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12 Nov 2014 by 10 Comments
Sharing nearly 500,000 clients, Papua New Guinea’s micro finance industry is expanding its reach, its numbers and its services. Business Advantage PNG looks at what the industry is offering.
In brief: Santos and Oil Search increase production following PNG LNG start-up, and other business stories
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23 Jul 2014 by Leave a Comment
Santos and Oil Search increase production following PNG LNG start-up, Crater Gold raising funds for mine development, and regional tuna stock report due out August. Your weekly digest of the latest business news.
People moves: Paradise Magazine, Nationwide Microbank, Newcrest Mining, General Electric
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16 Jul 2014 by
A new Editor for Paradise Magazine, new Directors at Nationwide Microbank, and shake-up of Newcrest Mining executive team.
In brief: moves to reserve small business for locals, Ok Tedi orders stayed and BSP profits up
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5 Mar 2014 by 2 Comments
Moves to reserve small businesses for locals, Court rescinds orders preventing Ok Tedi from dumping waste and BSP records 11% profit increase. Your digest of the week’s business news.
Five questions for … Tony Westaway of Nationwide Microbank
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29 Jan 2014 by 5 Comments
Microfinance has grown considerably in PNG in the past few years. Business Advantage PNG talks with Tony Westaway, Managing Director of Nationwide Microbank, about the transformative power of microfinance and the sector’s rapid growth.
In brief: PNG looks to refinance Oil Search loan, first corruption conviction and other stories
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27 Nov 2013 by
Future of government shareholding in Oil Search revealed next month, former planning minister guilty of corruption, BHP sees long-term future in gas and other local and regional stories.
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