Bank South Pacific

Why we should all oppose privatization of our assets

Advantages and disadvantages of privatisation in PNG and the PNG Power controversy

Source: Bush Economist on PNG Blogs

This is the story of privatisation of public enterprises.  

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State land up on market

Source: The National

PRIME Minister Peter O’Neill says State-owned land will be freed up to assist Papua New Guineans own their own homes.

He said that yesterday during the launching of the First Home Ownership Scheme run jointly with Bank South Pacific.

The occasion was witnessed by Cabinet Ministers, MPs and business executives in Parliament’s State Function Room. O’Neill signed the agreement with BSP Group chief executive officer Robin Fleming where a presentation of K200 million was made.

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