National Development Bank under-funded, Indochine Mining makes loss and PM flags constitutional reform and more stories in brief.
National Development Bank
More than 400 delegates attended the inaugural SME Summit in Madang earlier this month. PNG’s Indigenous Business Council President Sir Nagora Bogan explains what will be required to encourage more Papua New Guineans to start their own small and medium-size enterprises.
Papua New Guinea’s Government has an ambitious target of creating 500,000 locally-owned businesses over the next 20 years. The National Development Bank is key to its plans, as Managing Director Moses Liu explains.
Papua New Guinea’s strong financial services sector is becoming ever more sophisticated in servicing both the mass-market and premium ends of the market.