A commitment to growth throughout the Pacific region has continued for Papua New Guinea-based Bank of South Pacific, with the acquisition of new Pacific operations from Westpac and launch of a new subsidiary.
Westpac
Westpac CEO to retire, New CEO for ANZ in Vanuatu
Earlier this month,Westpac Bank declared the General Manager of Origin Energy PNG, Lesieli Taviri, as this year’s winner of the Westpac Outstanding Women Award in Papua New Guinea. Business Advantage PNG spoke to Taviri about her career and aspirations.
The Pacific’s increasing integration with Asia, elections in Fiji and more leadership from Papua New Guinea are just some of the factors likely to shape the region over the coming year, according to the region’s three top bankers. In exclusive interviews with all three, Business Advantage PNG canvasses their thoughts on the year ahead.
First LNG cargo loaded this week, O’Neill announces inquiry into asset sales by PNGSDP, and more room for mobile phone operators, says NICTA. Your weekly digest of the week’s top business stories.
A state of emergency declared in Porgera over illegal mining, O’Neill promises to cancel illegal forestry leases and second LNG train about to begin production. Your weekly digest of the latest business news.
Kina Group has launched Papua New Guinea’s first non-bank EFTPOS cash card.
O’Neill defends loan to buy into Oil Search, economy vulnerable unless security boosted, Manus Detention Centre focus of Abbott/O’Neill talks. Your weekly digest of the latest business news.
Commercial banks in the Solomon Islands have closed down several logging company bank accounts, in a move that will make it almost impossible for those companies to receive export proceeds.
Christine Iauve, a vegetable farmer from Magautou village, used to keep her hard-earned cash in a safe. Now she, and hundreds of others in rural and remote areas, are getting access to banking services, and setting ambitious goals.