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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...

A full feasibility study on the bilateral trade between Papua New Guinea and Australia is set to commence soon.

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STUDY TO BEGIN ON FEASIBILITY OF BILATERAL TRADE BETWEEN PAPUA NEW GUINEA AND AUSTRALIA by NBC News PNG, 30 January 2023. A full feasibility study on the bilateral trade between Papua New Guinea and Australia is set to commence soon. Minister for International Trade and Investment, Richard Maru announced this, ahead of a meeting between the two countries next month. Mr. Maru outlined that despite market access offered under established arrangements, like the PNG-Australia Trade and Economic Relations Agreement signed in 1970s and the recent South Pacific Regional Trade and Economic Corporation Agreement in PNG, these have not served their purpose to increase the country's exports.  He said there are issues hindering PNG exports to the Australian market. Currently, the only commodity group enjoying increased market share in Australia is gold, copper and other precious metals. Minister Maru said it is very critical to assess and address issues to improve trade and investment between ...

Port Moresby Flyover For PNGDF Headquarters 50th Anniversary Parade

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Port Moresby Flyover For PNGDF Headquarters 50th Anniversary Parade Anniversary Parade FM100/Hot97 FM News On 26 January 2023, two Royal Australian Air Force F/A-18F Super Hornets will take part in a flyover of Murray Barracks, Port Moresby, to mark 50 years since the establishment of the Papua New Guinea Defence Force (PNGDF) Headquarters. In the months following the establishment of the Headquarters, PNG defence powers were passed from Canberra to Port Moresby.  This anniversary is an opportunity to celebrate the evolution of the PNGDF into the independent defence force it is today. Members of the Australian Defence Organisation posted to PNG will join the PNGDF for the 50th Anniversary parade.  The Australian Defence Forceā€™s deep and enduring links with the PNGDF are founded on a history of shared sacrifice and partnership. From fighting shoulder to shoulder in World War Two, to facing our shared regional challenges today, the PNGDF and the ADF are strong, equal partners. B...

TODAY's BIG STORIES: Russia announces wider evacuation of occupied southern Ukraine - The Reuters Daily Briefing

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Subject: Russia announces wider evacuation of occupied southern Ukraine Reuters Newsletter The Reuters Daily Briefing Tuesday, November 1, 2022 by Linda Noakes Hello Here's what you need to know. New U.S. laws could trip up voters in the midterm elections, Israel's Netanyahu bids for a comeback, and BP joins rivals in posting a bumper profit Today's biggest stories A boy holds a cat on board a ferry during the evacuation of Kherson residents, in Russian-controlled Ukraine, October 31, 2022. REUTERS/Alexander Ermochenko WORLD Russia ordered civ...

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

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