BSP, ABV launch extension of  YES GROW program

BSP, ABV launch extension of YES GROW program

BSP PNG | BSP Financial Group Limited (BSP) in partnership with Australian Business Volunteers (ABV) has extended the roll out of its Your Enterprise Scheme (YES) Grow Program to local small and medium businesses/enterprises (SMEs) across PNG, following the program’s...
Air Niugini welcomes new B737-800  on 50th anniversary

Air Niugini welcomes new B737-800 on 50th anniversary

Air Niugini’s, Acting CEO, Gary Seddon, has announced that the airline’s latest addition, the Boeing 737-800 Next Generation series aircraft, will serve both domestic and international routes. Seddon expressed immense pride in welcoming this aircraft to the Air...
PNG’s forex inflows drop by 16 per cent in Q3

PNG’s forex inflows drop by 16 per cent in Q3

Foreign exchange (FX) market inflows in the third quarter of 2023 have witnessed a 16 per cent decline, amounting to K6 billion, in comparison to the second quarter. This development represents almost 18 per cent of FX inflows, with a significant portion of these...
Bougainville opens doors to foreign investment

Bougainville opens doors to foreign investment

The Autonomous Bougainville Government (ABG) is inviting foreign direct investment from developed nations, which include Australia, New Zealand, Japan, China, the United States, and European countries. This announcement was made by President Ishmael Toroama on the 31...
Qantas announces new flights to PNG, NZ, US

Qantas announces new flights to PNG, NZ, US

Qantas has unveiled an update to its international network including two new return services per week from Sydney to Port Moresby using a Boeing 737 aircraft beginning March 2024. These will complement the existing daily service from Brisbane to Port Moresby. Flights...