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.
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PNG Power MD outlines plans to cut tariffs by half and sharply increase access to electricity
PNG Power is aiming to cut tariffs by half and electrify 70 per cent of the country in the next five to 10 years according to … [Read More...]
Sovereign bond issue will ‘test’ Papua New Guinea’s market access, says Standard & Poor’s
The Papua New Guinea government has begun spruiking its sovereign bond issue with a series of meetings with investors in … [Read More...]
In Brief: KAML announces half-year profit of K1.22m, and other business stories
Kina Asset Management's half-year net profit, Range View precinct under way, and a local tech company trials its own messaging … [Read More...]
Kina exchange rate
The Papua New Guinea kina’s exchange rates (mid-rates) against its main trading currencies, as at 10 September, 2018
USD 0.3010
AUD 0.4177
GBP 0.2287
EUR 0.2573
NZD 0.4560
JPY 33.70
SGD 0.4124
Source: Bank of PNG
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