‘We hope to make the task of all PNG-focused companies easier in the future—allowing them to spend less time selling PNG itself, and more time selling their own ideas, products and services.’Read more
According to the Centre for Excellence in Financial Inclusion (CEFI) approximately 85 per cent of PNG’s population does not have adequate access to financial services. A majority of this unbanked population are women.
The Bank of Papua New Guinea (BPNG), a member of the Alliance for Financial Inclusion (AIF) endorsed the Denarau Action Plan in 2016 to close the gender gap in financial inclusion.Read more
Central Bank governors and representatives from financial institutions around the Pacific gathered in Kokopo, East New Britain for the 3rd annual Pacific Islands Regional Initiative Leaders Roundtable.
The two-day meeting is hosted by the Central Bank of Papua New Guinea and the Alliance for Financial Inclusion, based in Kuala Lumpur.Read more
INGAPORE (Reuters) – Asian stocks were slightly higher on Friday after a sluggish start, while the dollar held most of the gains it made overnight on strong U.S. economic data as some risk appetite returned despite caution over political turbulence in the United States.Read more
Image: Oil Search Limited Despite low world oil prices in 2016, record production levels at Oil Search Limited’s Oil &Read more
Johnston remains confident in the region’s resource potential, but says explorers must go deeper to find high quality deposits, which can result in increased costs and risk.Read more
‘We do expect both arrears and credit losses to worsen, whether that be the result of the falling global energy prices, or as a result of the subsequent cuts to spending.Read more
The head of Central Bank of Papua New Guinea has announced the improvement of the foreign exchange rate.Read more
Kina Bank opened its new branch at the Vision City Mall in Port Moresby today. Kina’s Chief Executive Officer, SydRead more
NASFUND Contributors Savings & Loans Society Limited, NCSL, has opened its membership to non-NASFUND members. This comes after members atRead more