Bank South Pacific is broadening its digital offering, according to Nuni Kulu, BSP’s General Manager, Digital. She told the 2019 Business Advantage Papua New Guinea Investment Conference that technology is driving big changes in the banking landscape.
Leading social commentator and business analyst Bernard Salt AM and futurist Mark Pesce have been confirmed as the two keynote speakers for this year’s Business Advantage Papua New Guinea Investment Conference, to be held in Sydney on 19 and 20 August.
Business Advantage International has announced that KPMG will be the headline sponsor for its 2019 Business Advantage Papua New Guinea Investment Conference in Sydney on 19 and 20 August.
The 2019 Business Advantage Papua New Guinea Investment Conference will take place on 19 and 20 August at the premium Shangri-La Hotel, Sydney, Australia.
The Regional Director of Digicel Pacific, Paul Statham, says the company has ‘aggressive’ plans to expand its offerings when the submarine fibre cable from Australia to Papua New Guinea is built. He says these innovations will especially benefit business.
The Asian Development Bank will start redeveloping the entire Highlands Highway simultaneously rather than doing it in sections, according to David Hill, Country Director for the ADB. He outlined the ADB’s focus on improving both physical and digital connectivity in Papua New Guinea.
To get investment into Papua New Guinea businesses, sound governance is essential. That was the view expressed by super fund managers, bankers and advisers at Business Advantage’s Investment conference in Brisbane.
Papua New Guinea requires about 6 per cent of its GDP to maintain its infrastructure assets, according to Craig Lawrence, Principal at Lytton Advisory. He told the Business Advantage Investment Conference in Brisbane that the ‘build and neglect’ approach is twice as expensive as ongoing maintenance.
How do Papua New Guinea’s two largest super funds, Nambawan Super and NASFUND, make investment decisions on behalf of their members? Two senior executives provide their investment guidelines, which have led both funds to perform well in difficult economic conditions.
The Papua New Guinea economy is set to grow steadily, according to Edward Faber, Country Economist for the Asian Development Bank (ADB). He told the Business Advantage PNG Investment Conference in Brisbane that the fate of the economy heavily depends on export prices.