PAPUA NEW GUINEA NEWS, FACTS, INFORMATION, STORIES AND INSPIRATIONS

Analyzing the key factors contributing to BSP Limited's sustained success in the banking sector of Papua New Guinea.

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Analyzing the key factors contributing to BSP Limited's sustained success in the banking sector of Papua New Guinea.   The Secrets Behind BSP Limited's Market Dominance CASE STUDY OF BSP LIMITED'S SUCCESS by Ismael Long -success leaves clues- This is why BSP Limited has dominated the market share for many years Bank South Pacific Limited (BSP) , Papua New Guinea's largest bank, has maintained its dominance in the market share for many years. Its consistent success stems from several key factors that set it apart from competitors. 1. Extensive branch network BSP has the most extensive branch network across Papua New Guinea, including remote and rural areas where other banks have little or no presence. By making banking accessible to the majority of the population, BSP captures a larger customer base and builds loyalty through convenience. 2. Innovative products and services The bank continually adapts to market demands by introducing innovative financial products such a...

BREAKING: Puma Service Stations Rationing Fuel Throughout PNG.

BREAKING: Puma Service Stations Rationing Fuel.

BY MAXINE KAMUS, 18 February 2023.
As of yesterday Friday, February 17, 2023, Puma Energy Limited fuel service stations in Port Moresby have begun rationing the sale of fuel, especially petrol.
Each customer is allowed to purchase K20.00 cash to refill while Puma Card customers are allowed to refill a maximum of K50.00 only.
Some Puma service stations have only diesel and no petrol.
This is the result of Puma Energy Limited putting restrictions on fuel supply on Thursday, February 16, 2023 to their customers in all market segments due to Puma's unresolved foreign exchange constraints impacting Puma’s ability to source crude oil and or finished products to supply to its customers.
Well-placed sources have confirmed that Mobil have also run out of petrol and will not have stock until next week or so.
Read more in your Post-Courier on Monday, February 20, 2023.



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