Papua New Guinea’s National Banking Corporation received its commercial banking licence at the end of 2024. In this exclusive interview, CEO Paul Thornton outlines its plans to build its capital base and grow in an increasingly competitive banking market.
Steamships partners with Emstret Holdings to help SMEs deliver its products, NDB still to loan out to SMEs, and K1 million for the honey sector. The business news in brief.
The National Development Bank announces a new Acting Managing Director, Pacific Islands Forum welcomes a new Secretary General, Nambawan Super appoints an executive for top investment job, Oro Province gets an Administrator and the East New Britain Port Services appoints a General Manager.
Supreme Court to make ruling, Telikom PNG cuts fixed-line call services, and a Total delegation readies to talk Papua LNG. The business news you need to kickstart your week.
SME Business Advisor Akae Beach, from Beach Accounting Advisory, looks at the pros and cons of taking part in the Papua New Guinea government’s SME concessional loan plan.
The National Development Bank gets a new head, PNG Customs appoints a new Chief Commissioner, NICTA announces changes, senior appointments at BSP, the Hilton Hotel in Port Moresby welcomes a General Manager and PNG Rugby Football League names an Acting CEO.
In a wide-ranging chat with Business Advantage PNG, the Managing Director of Papua New Guinea’s state-owned National Development Bank, Moses Liu, talks about becoming an emerging force in Papua New Guinea’s banking sector.
New chairman and board members for the National Development Bank, new practice head for Keypoint Law.
New Port Moresby power plant to be online during early 2019, US equity firm bids A$13.5 billion for Santos, and PNG Post keen to diversify. Your weekly digest of the latest business news.
Total public debt stands at K23.5 billion, review of gun licences for private security firms likely, and People’s Micro Bank to be commercialised later this year. Your weekly digest of the latest business news.