Westpac’s In-store banking a year old

THE Westpac Bank PNG recently marked the first anniversary of its in-store banking outlet, noting that feedback from customers has been positive. Head of retail banking Adam Downie said: “In-store banking provides locals with access to banking services at their doorsteps instead of travelling long distance and queuing in branches for basic transactions.” Westpac PNG…

Deal to improve road, aviation in PNG

The Asian Development Bank (ADB) and the Papua New Guinea Government have signed two loans to fund improvements to the Highlands region road network and air services in Papua New Guinea (PNG).  The Minister for Treasury, Don Polye, and Marcelo Minc, Country Director of ADB’s PNG Resident Mission, participated in the loan signing ceremony.  …

BSP Visa installs new security feature

BANK South Pacific (BSP) Visa cardholders have been assured of a stronger level of security whenever they use the card here and overseas, thanks to the introduction of a new alert service. The bank said it has a new service known as “BSP visa alert” that would see BSP visa cardholders receive alerts via SMS,…

A new regional tourism strategy for the region

Tourism in Pacific Island countries is expected to receive a boost with the completion and soon to be launched regional tourism strategy. The South Pacific Tourism Organisation (SPTO) is into the final lap of country consultations through workshops and stakeholder discussions at a regional level to seek valuable feedback on the first draft of a…

Survey: Law&order, corruptions a challenge for PNG

Despite improvements in the  business  environment  over  the  last  decade,  law  and  order  and  corruption  remain  the  most  severe constraints to doing business in Papua New Guinea (PNG), new analysis from the Asian Development Bank (ADB) reveals.  Drawn  from  responses  from  130  firms  surveyed  by  the  PNG  Institute  of  National  Affairs (INA),  the  findings  confirm …

Port preparedness training for Micronesian islands

Four (4) Micronesian islands of Palau, Federated States of Micronesia, Marshall Islands and Christmas Island will benefit from a series of Pacific Port preparedness workshops over the next two weeks. This will be conducted by the South Pacific Tourism Organisation (SPTO) under the European Union funded Pacific Regional Tourism Capacity Building Programme (PRTCBP). SPTO CEO…