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Posts Tagged "BSP"

PM to probe NDB K80 million SME funds

Prime Minister, James Marape. Photo: Charlie Dumavi/PNG Bulletin

melabiz / June 27, 2021 / No Comments

A PROBE will be established this week into the non-lending of K80 million by the National Development Bank (NDB) to Micro, Small & Medium Enterprises (MSMEs) and Small and Medium Enterprises (SMEs). Prime Minister James Marape told a recent meeting when addressing cabinet ministers, heads of departments, senior public servants... more →

Posted in: Papua New Guinea Tagged with: BSP, BSP Loan, James Marape, MSME, NDB, NDB Loan, SME

Kina Bank setting international standards: Competition boost

melabiz / May 26, 2021 / No Comments

May 19, 2021 by toksavebot, EMTV Online Kina Bank is resetting its Indicator Rate for lending to business in a move that reflects international standards and will drive competition in banking in Papua New Guinea (PNG). In a bold move the bank will reduce its Indicator Lending Rate (ILR), effective 1 June 2021, to 6.25%. The ILR in... more →

Posted in: Papua New Guinea Tagged with: BSP, financial strength, Kina Bank, lending indicator

BSP Launches BSP Pay – “No Card, Just Pay”

BSP Launches BSP Pay – “No Card, Just Pay”

melabiz / April 20, 2021 / No Comments

BSP PNG | In recognising the rapid adoption and increasing trend of digital commerce in the region, BSP Financial Group Limited (BSP) is introducing the new digital payment service, BSP Pay, which allows any BSP account holder in PNG to make payments online securely and instantly, without the use of card details. BSP Digital General... more →

Posted in: Papua New Guinea Tagged with: BSP, BSP Pay, Cashless Payment, ePayment

Ralph Regenvanu: Melanesian Values in National Statistics July 13, 2021
The newly released “Well-being In Vanuatu” analysis report examines life quality through profiles of happiness, access, knowledge, physical health, and social resilience. The comprehensive report illustrates the diverse conditions conducive to living a good life in Vanuatu – insights that are valuable for communities, local authorities, and national policy and decision-makers. https://vnso.gov.vu/images It is truly […]
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West Papua’s ‘Silent Genocide’ mirrors past indigenous oppression July 4, 2021
By Calum Rosie INDIGENOUS people of various cultures are being oppressed and killed the world over. As with native populations past and present, the natural resources of their land are stolen and used to generate profit for various global corporations. Time and time again, corporations are allowed to act with impunity and violate the most […]
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Vanuatu parliament brouhaha awaits court resolution June 11, 2021
The Speaker of Vanuatu’s Parliament, Gracia Shadrach, has adjourned today’s session until Wednesday next week. Shadrach told parliament the adjournment is because of cases pending in the Supreme Court. This morning 19 government MPs returned after their seats had earlier been declared vacant by the speaker due to their absense on three consecutive days. The […]
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PM AND DPM SEATS DECLARED VACANT June 9, 2021
By Hilaire Bule – Vanuatu Daily Post Speaker of Parliament, Gracia Shadrack announced yesterday morning that the seats of 19 Members of Parliament (MPs) have become vacant. Shadrack said the 19 MPs’ own decision resulted in the vacation of their seats as they did not attend three consecutive sittings of parliament on the 1st, 2nd and […]
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Land Ombudsman hopes Minister won’t sign land leases June 9, 2021
Emil Mael says the latest proposed Land Amendments can go ahead to be passed by Parliament, as long as the Minister of Land has no power to sign any land lease. “We can make land reforms but as long as power does not return to the Minister responsible”, he says. “The Land Ombudsman Office must […]
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Interim President: Another bloody massacre in occupied West Papua June 9, 2021
Media Statement Indonesian colonial forces have committed another bloody massacre, adding to the hundreds of thousands of West Papuans killed during six decades of occupation. The entire population is being labelled ‘terrorist’ and is at risk of being wiped out by the Indonesian military and police. This time a husband and wife, Patianus Kogoya (45) […]
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