Kina Bank launches first digital hub
Kina Bank today launched its first Kina Digital Hub in Port Moresby as part of the bank’s drive to provide...
Finance
Inflation remains a concern for importers, as PGK depreciates against the USD, but PNG will benefit in the long-term
Depreciation of the PGK/USD midrate will benefit exporters as they receive more PGK for their goods, whilst importers will see...
BSP and the Australian Business Volunteers (ABV) join forces to train local SMEs
BSP Financial Group Limited (BSP) in partnership with Australian Business Volunteers (ABV) has extended the roll out of its YES...
BSP maintains its growth momentum, with revenue growing by 6.7% to K2.05 billion for the nine months to September 2023
BSP’s strong business performance across the Group was maintained in the third quarter of 2023, with year-to-date operating profit of...
Kina Bank Launches New Business Centre
Kina Bank launched its first Business Centre and Kina Private Suite in Port Moresby at its Harbour City Branch on...
PNG’s Economic Outlook Improving but Challenges Remain — ADB
Papua New Guinea’s (PNG) economy is forecast to grow by 2% in 2023 and 2.6% in 2024 amid challenges in...
BSP has a long banking history with the people of Papua New Guinea dating back to 1957
With 2.6 million customers, BSP conducts in excess of 11 million transactions a month, which equates to more than 130...
Ramu Nickel project women landowners sign loan agreement
Women landowners of mining projects in the country, will be given more recognition in terms of business opportunities from mine...
Steamships and IFC Collaboration Sees Landmark PNG Building Become First in South Pacific to Achieve International EDGE Certification
A landmark building in Papua New Guinea's (PNG) capital has undergone an environmentally-friendly retrofit that has significantly lowered its carbon...
PM Marape welcomes new National Trade Law
Prime Minister Hon. James Marape has welcomed passage of the landmark National Trade Bill 2023 by Parliament. The bill, unanimously...
PM Marape welcomes new investment promotion law
PM Marape welcomed the Investment Promotion (Amendment) Bill 2022, unanimously passed by Parliament on January 11, which encourages the growth...
Kumul Petroleum recognition means KEO dividend payment to PDL7 landowners
Papua New Guinea’s national oil and gas company, Kumul Petroleum Holdings Limited announced today that all necessary eligibility process verifications...
PACD project receives US$40 million in funding
The PNG agriculture commercialisation and diversification (PACD) project has received US$40 million (around K140 million) in funding from the World...
