Aid not helping businesses: Barker

By DALE LUMA, The National PNG BUSINESSES have not seen the direct impact of the Government’s K5.6 billion economic stimulus because it was more of an alternative budget financing plan than a stimulus plan, an economist says. Institute of National Affairs executive director Paul Barker told The National that “it must be recognised... more →
Posted in: Papua New Guinea

Economy needs to be on mainstream: Economist

By DALE LUMA, The National PNG INSTITUTE of National Affairs (INA) executive director Paul Barker says the country is currently caught up in an economic side-alley and needs to get back out into the mainstream. Barker said Moody’s (international credit rating agency) downgraded PNG’s rating from neutral to negative on the basis... more →
Posted in: Papua New Guinea

Editorial: Be careful with investment deals

THE Government appears to be treading on a fine line in dealing with multinationals in the mining and hydrocarbon sectors. It has only a year to see the successful conclusion of at least one major project agreement, if at all. The protracted court battle and renegotiations with Barrick Niugini Ltd over the reopening of the Porgera... more →
Posted in: Papua New Guinea

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

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

Kina Bank plans to waive fees

KINA Bank’s chief executive officer Greg Pawson
March 10, 2021 The National Business KINA Bank’s chief executive officer Greg Pawson has revealed that the bank’s ambition to modernise PNG’s financial services sector with plans for fee-free banking. “We want to take banking back to basics with better customer service and no unnecessary fee gouging,” he said. “We think... more →
Posted in: Papua New Guinea

Comfort Taxi owner gets into hospitality industry

the S&J Hotel Port Morseby, PNG
By  PNG Bulletin Online Nathan Milyo Father of eight and founder of Port Moresby household brand Comfort Taxi Services, Nathan Milyo officially opened his new establishment, the S&J Hotel on Saturday Feb 13, 2021. Present to officiate at the opening ceremony was Governor for NCD Powes Parkop who also joined in the ribbon cutting... more →
Posted in: Papua New Guinea

PNG’s Kavieng Airport Landowners to continue protest despite Government’s commitment of K3 million payment

KAVIENG AIRPORT LANDOWNERS TO CONTINUE PROTEST Landowners of the Kavieng Airport in Papua New Guinea say the sit-in protest will continue until and unless the concerned authorities give them a favorable response. The landowners have demanded the National Government and National Airports Cooperation to respond to their call to settle... more →
Posted in: Papua New Guinea

Prime Minister James Marape Has Done Great Job for Our Economy

Every man has his own weaknesses and strengthens. It’s the same with a leader, MP or a PM. But one thing which led me to write up this piece is; since Independence no one PM has ever fought for Economic Independence and greater share/equity participation in our resources projects unlike PM James Marape. Even before political... more →
Posted in: Papua New Guinea
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