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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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CURRENT NEWS PNG: OPPOSITION AGAINST CHANGES TO CLIMATE CHANGE ACT

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OPPOSITION AGAINST CHANGES TO CLIMATE CHANGE ACT:  The Opposition Leader, Joseph Lelang, has opposed the Government’s decision to amend the country’s Climate Change Act, saying that the changes are not suitable for the country. Mr. Lelang said amending sections 38 and 39 of the Act to impose a levy or tax on fuel and carbon-content products coming into the country will definitely create worse problems for the people. He said inflation will kill off the small sectors; in fact, many have now closed their doors. Lelang said the importance of Climate Change and its effects cannot be denied, citing the affected marine provinces and parts of the highlands; however, the context of the bill is not suited to Papua New Guinea (PNG) and its people. The Opposition Leader said the Amendment applies to countries under Annex 1, and under this category are countries that are the major polluters in the environment. That is why Lelang said that these amendments are not appropriate for PNG because PN...
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Sir Bob Dadae has been re-elected as Governor General of Papua New Guinea for a second term

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 PARLIAMENT UPDATE:  Post Courier Sir Bob Dadae has been re-elected as Governor General of Papua New Guinea for a second term. Speaker Job Pomat received the results of the second and final ballot just minutes ago with Sir Bob receiving 71 votes. Ms Winnie Kiap received 31 votes. Read more in your Post-Courier tomorrow Friday, January 20, 2023. PM MARAPE SAYS SIR BOB DADAE RE-ELECTED AS GOVERNOR-GENERAL TO MAINTAIN ‘CONTINUITY AND STABILITY’  The Pacific Guardian APPROVED FOR RELEASE: JANUARY 19, 2023 Prime Minister Hon. James Marape says the ruling Pangu Pati and other members of the Coalition Government supported the reelection of Sir Bob Dadae as Governor-General in Parliament today (Thursday, January 19, 2023) to maintain “continuity and stability”.  He said this after Sir Bob polled 71 votes to finish ahead of former Papua New Guinea High Commissioner to the United Kingdon, Winnie Kiap, with 33 votes. The other candidate was former Manus Premier, and then Govern...
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Location: Papua New Guinea
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#LIVE Parliament Sitting | Thursday, 13th of October, 2022

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LIVE Parliament Sitting | Thursday, 13th of October, 2022
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Full speech: Australian Prime Minister Anthony Albanese's Address to Papua New Guinea's Parliament

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