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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...
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His Excellency Ambassador Nobuyuki Watanabe of Japan Visits Oro Province

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His Excellency Ambassador Nobuyuki Watanabe of Japan Visits Oro Province by  Gary Juffa  - 24 January 2023. A wonderful visit to Oro by His Excellency Ambassador Nobuyuki Watanabe of Japan. On Monday Ambassador Watanabe visited Kokoda to pay his respects to the fallen of World War 2.  Meanwhile today Ambassador Watanabe shall be visiting Orobay to look at a potential fisheries project that has come about after a joint effort by the NFA and OPG who signed an MOU in August 2020 with then Minister Dr Lino.  We anticipate a state of the art Fish Market to be built by the NFA with funding assistance from Japan at Orobay. The OPG meanwhile is building a facility that will be owned by it’s development arm, the Northern Provinces Resources Limited next to that facility in an effort to supply our fishermen and fisherwomen. Personally I appreciated the opportunity to give him some perspective of Oro culture and traditions and explain the challenges we face and what we are doin...
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Location: Papua New Guinea
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THE ENERGY SECTOR INVESTOR GUIDE: For PNG Rural Electrification Program Collaboration - Connecting 70 percent of PNG’s Population to Electricity by 2030

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Marape - Rosso Government 2022 USAID Launches Energy Investor Guide in Collaboration with IPA The U.S. government, through the U.S. Agency for International Development (USAID), launched an Energy Sector Investor Guide for Papua New Guinea (PNG) in collaboration with Investment Promotion Authority (IPA) on October 3, 2022 in Port Moresby, Papua New Guinea.  This Energy Sector Investor Guide is a result of collaboration between the USAID-Papua New Guinea Electrification Partnership (PEP) Activity and IPA and aims to help catalyze private investments in PNG’s energy sector. The Guide provides an overview of the country’s economy, political environment, regulatory framework, investment climate and energy sector dynamics. The Guide also provides step-by-step guidance for interested investors for the development and implementation of energy projects. It includes a checklist of requirements from relevant government agencies and information of energy projects. “This is the first energy sp...
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Full speech: Australian Prime Minister Anthony Albanese's Address to Papua New Guinea's Parliament

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