Bank South Pacific

BSP chief executive officer Robin Fleming and company secretary Mary Johns were presented with the awards as part of the 40th Independence Anniversary.

Mr Fleming was made a Companion of the Star of Melanesia (“CSM”) in recognition for service to the financial and banking sector in more than 30 years in senior management positions at BSP and its predecessor, the PNGBC

The government also took into consideration his contribution to promoting commerce and industry, rural development and sport in PNG and the region as a whole.

Prediction: PNG to be world’s top copper miners

http://www.looppng.com/content/prediction-png-be-world%E2%80%99s-top-copper-miners

Papua New Guinea will join the ranks of top copper producing nations in the next decade says PNG Chamber of Mines and Petroleum executive director Greg Anderson.

Zeming: Morobe MPs intact in Government

BSP chairman Sir Kostas Constantinou said, “BSP has been working closely with CBSI and has fulfilled the necessary requirements and it is pleasing to note that the central bank has responded positively.

“Both BSP and Westpac are committed to the acquisition and are working religiously towards a likely completion of sale by the end of October.”

The acquisition is in line with BSP’s Pacific based expansion strategy, which has been maintained since 2006.