APPOINTMENT TO THE BSP BOARD OF DIRECTORS – ARTHUR SAM

The Bank of Papua New Guinea has consented to the appointment of Mr Sam The Chairman of the Board of Bank of South Pacific Ltd, Sir Kostas G....

BSP on Market Share Buy Back 2014

The Bank of South Pacific has resolved to conduct an on market buyback of some of its shares. A buyback is an undertaking by a company to...

Is Papua New Guinea Outgrowing Australia’s Backyard?

By Grant Wyeth Is Papua New Guinea Outgrowing Australia’s Backyard? | The Dip

Star Mountain Plaza Project a reality

The construction of a world-class facility under the Star Mountain Plaza Limited, a joint-venture between three major Provincial Landowner companies, Mineral Resources Star Mountain (MRSM), Mineral Resources...

Port Moresby Airport launches tenders amid terminal redevelopment

The National Airports Corporation (NAC) of Papua New Guinea has released five commercial tenders for space at Port Morseby Airport, as the country’s main international hub embarks...

RBV gives BSP green light to acquire Westpac in Vanuatu

The Reserve Bank of Vanuatu (RBV) has given Bank South Pacific (BSP) the green light to acquire Westpac Banking Corporation (Westpac) operations in Vanuatu. RBV Governor Simeon Athy...

Westaway rewarded for distinguished services to Institute of Banking & Business Management

Nationwide Microbank Managing Director, Mr Tony Westaway (on right), has received the award of Honorary Fellow of the PNG Institute of Banking & Business Management. The award is...

Ok Tedi board approves PNG copper mine restart from March 1

MELBOURNE Feb 5 Papua New Guinea copper miner Ok Tedi Mining Ltd said its board has approved a restart of its operations on March 1 Source: UPDATE 1-Ok Tedi board...

BSP completes landmark transaction to fund States new Motukea Port

Bank of South Pacific Limited (BSP), and PNG Ports Corporation limited (PNG Ports) today closed the financing of the State’s PGK300 Million investment in the development and...

An accounting software solution for PNG SME’s

One of the not so nice tasks when running a business is the book keeping.  When you're an SME, this makes it more difficult in terms of...
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New for APT, Papua New Guinea By Small Ship

New for APT, Papua New Guinea By Small Ship Today, leading cruise and tour operator APT, announced a brand new, one-off departure cruise to...