People moves: National Development Bank, Pacific Islands Forum, Nambawan Super, Oro Province, East New Britain Port Services

Welcome,

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.

In brief: Talks with Total to resume and other business stories

Welcome,

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.

Money for something: Papua New Guinea SMEs should be cautious about loans

Welcome,

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.

People moves: National Development Bank, PNG Customs, Bank South Pacific, NICTA, Hilton Hotel, PNGRFL

Welcome,

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.

Waiting for the party to begin: the future of Papua New Guinea’s National Development Bank

Welcome,

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.

People Moves: National Development Bank, Keypoint Law

Welcome,

New chairman and board members for the National Development Bank, new practice head for Keypoint Law.

In brief: Gas from PNG LNG plant to feed the Port Moresby grid in early 2019, and other business stories

Welcome,

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.

In brief: Public debt stands at 31.9 per cent of GDP, and other business stories

Welcome,

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.

In brief: Broadening of Papua New Guinea tax base predicted, and other business stories

Welcome,

Future Budgets expected to see significant tax changes, Sovereign Wealth Fund to be finalised in 2018, and PNG Air enters freight market. Your weekly digest of the latest business news.

Domestic credit in Papua New Guinea sound, say finance executives

Welcome,

Businesses in Papua New Guinea may be finding it hard to get foreign exchange, but credit quality within the domestic economy remains relatively healthy. Finance executives and analysts tell Business Advantage PNG that there has been only a slight deterioration of kina-denominated credit, despite the weak economy.