In brief: Newcrest revises Wafi-Golpu plan, and other business stories

Newcrest plans larger development at Wafi-Golpu, O’Neill confident Papua New Guinea will recover from quake and loan to cover government superannuation debt. Your weekly digest of the latest business news.

In brief: Nambawan Super profit of K406 million, and other business stories

Nambawan Super profit of K406 million, Bank South Pacific reports net profit of K1.99 billion, government agencies locked out of offices for allegedly non-payment of rents. Your weekly digest of the latest business news.

Five questions for Nambawan Super CEO, Paul Sayer

Super fund Nambawan Super is one of the largest sources of investment capital in Papua New Guinea. Paul Sayer was appointed CEO last August; he talks Business Advantage PNG about the fund’s approach to investments.

How to open up Papua New Guinea’s capital markets

Could Papua New Guinea Government bonds and treasury bills soon be purchased anywhere in the world with the click of a button? A new working group aims to look at ways to modernise the way the country raises money.

People moves: Nambawan Super, WorleyParsons, Solomon Islands government

Chief Investment Officer leaves Nambawan Super, a new board member for WorleyParsons, Solomon Islands Prime Minister voted out 

Papua New Guinea must promote its financial system to the world, say financiers

Leading financiers have called for better international marketing of the country’s financial system and assets. They told the Business Advantage Papua New Guinea Investment Conference, that it is an important step towards creating more mature financial markets.

Papua New Guinea Investment Conference ‘a resounding success’

The Business Advantage Papua New Guinea Investment Conference was held last week in Sydney, successfully showcasing the nation’s potential as an investment destination and canvassing different views from the business community about the opportunities and challenges. A clear picture of the country’s—and the Pacific region’s—great untapped potential emerged.

People moves: National Executive Council, Bank South Pacific, Nambawan Super, RD Tuna Canners, Fuji Xerox, Remington Technology

Nine new vice-Ministers appointed to the NEC, a new director at Bank South Pacific, a new CEO at Nambawan Super, an acting General Manager at RD Tuna Canners, and new General Managers at Fuji Xerox and Remington Technology

In brief: Foreign currency issues continue to cause problems, and other business stories

Foreign currency issues continue to cause problems, profit announcements for Nambawan Super and Bank South Pacific and InterOil acquisition finalised. Your weekly digest of the latest business news.

People moves: HPHA, Nambawan Super, Deloitte

A new chief at Hela Provincial Health Authority, a departure at Nambawan, and a new Managing Partner at Deloitte