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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...

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...

INVESTIGATION CONTINUES INTO KILLING OF PNG PORTS CEO MR. FEGO KINIAFA

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INVESTIGATION CONTINUES INTO KILLING OF PNG PORTS CEO Post Courier - Friday, September 23, 2022 BY MIRIAM ZARRIGA Goroka police have arrested five men over their alleged involvement in the murder of PNG Ports managing director Fego Kiniafa. Provincial Police Commander Chief Superintendent Michael Welly said the men are in police custody and are now being questioned over the slaying of Kiniafa on the morning of September 17 near Nagamiufa village outside Goroka town. Kiniafa and his driver were reportedly slashed with machetes after the CEO shot a Nagamiufa villager. Mr Welly said investigations are continuing into the killing which sparked a tribal fight. In the early hours of last Saturday between 1am and 4am, it is alleged that Kiniafa, who had turned 43 on September 16, PNG Independence Day, was with a few men near Nagamiufa village when a confrontation occurred. Kiniafa, from Korofeigu village in Lower Bena, is alleged to have discharged a weapon. The bullet hit another man. The sh...

Full speech: Australian Prime Minister Anthony Albanese's Address to Papua New Guinea's Parliament

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