Business Council of PNG (BCPNG) Executive Director, Douveri Henao, said this following the Bank South Pacific’s (BSP) announcement of its new branch in Cambodia.
Douveri said the BCPNG applauded BSP for its expansion into Asian countries.
However, it was imperative to safeguard those investments that have been made as well.
“I think it’s extremely exciting. The business council applauds our home grown entities expanding. And it also bears the bigger question that we do need trade agreements, investment agreements to protect our investors going abroad,” he said.
