Caleb Zambangin
Caleb Zambangin
  • Видео 47
  • Просмотров 270 060
PNG WARNING: BANK OF CHINA TO OPERATE IN PNG MIGHT BE A BIG MISTAKE || MARAPE GOVERNMENT MISTAKES
#marapegovernment #bankofchina #pnggovernment
**PNG WARNING: BANK OF CHINA TO OPERATE IN PNG MIGHT BE A BIG MISTAKE || MARAPE GOVERNMENT MISTAKES**
In this eye-opening video, we dive deep into the potential implications of the Bank of China setting up operations in Papua New Guinea. Is this a strategic move or a looming disaster? Join us as we explore the possible economic and political consequences of this decision by the Marape government.
🔍 **Key Points Covered:**
- The impact on PNG's local banking sector
- Potential risks and benefits for the economy
- Insights from financial experts and local analysts
- Historical context of foreign banks in PNG
- What this means for the average citizen
📢 ...
Просмотров: 6 175

Видео

2024 CENSUS UPDATE: POPULATION TO SURPASS 12 MILLION PEOPLE IN PNG || MARAPE ANNOUNCED POPULATION
Просмотров 72021 день назад
2024 Census Update: Population to Surpass 12 Million People in PNG - Marape Announced Population Papua New Guinea’s 2024 census update reveals a significant demographic milestone, as the population is set to surpass 12 million. Prime Minister Marape announced the population growth figures, highlighting the country’s dynamic development and growing needs. This census data offers critical insight...
GOVERNOR POWES PARKOP WELCOMES VAGRANCY BILL FOR PORT MORESBY || PARLIAMENT SITTING TO PASS
Просмотров 2,9 тыс.28 дней назад
#vagrancyBill #portmoresby #jamesmarape GOVERNOR POWES PARKOP WELCOMES VAGRANCY BILL FOR PORT MORESBY || PARLIAMENT SITTING TO PASS In this video, we discuss the recent news of Governor Powes Parkop welcoming the Vagrancy Bill, which is set to be reviewed during the upcoming Parliament sitting. This bill is aimed at addressing vagrancy issues in Port Moresby, targeting public safety, community ...
TOMURIESA REVEALS NO QUALITY IN CONNECT PNG PROGRAM || MARAPE GOVERNMENT DAY LIGHT MONEY LAUNDERING
Просмотров 2,4 тыс.Месяц назад
#connectpng #marapegovernment #james marape Opposition Leader Douglas Tomuriesa clarified that the ConnectPNG program is good. However, he noted that the program requires proper implementation to succeed. There are specific steps and legal requirements that need to be followed, and although legislation is in place, he questioned whether the laws enacted by Parliament are being adhered to. Accor...
BREAKING: MARAPE APPROVEDPOLICE TO SH**T TO K*LL || FULL POWER OF GOVERNMENT AGAINST G*N WAR
Просмотров 2 тыс.Месяц назад
In a decisive move to combat escalating g*n vi*lence, Prime Minister James Marape plans to introduce a new bill granting expanded powers to law enforcement. This legislation will authorize police with "sh t to k*ll" orders as a means to counter the growing g*n crisis. This bold stance underscores the government's commitment to restoring public safety and using the full extent of its power to ad...
TOMURIESA SHAMES MARAPE: NO LEADERSHIP VALUES IN MARAPE || TARI PEOPLE CAUSE OF ETHNIC CLASH IN NCD
Просмотров 6 тыс.Месяц назад
TOMURIESA SHAMES MARAPE: NO LEADERSHIP VALUES IN MARAPE || TARI PEOPLE CAUSE OF ETHNIC CLASH IN NCD In this video, Hon. Tomuriesa calls out Prime Minister James Marape, highlighting the lack of leadership values displayed in handling ethnic clashes caused by the Tari-Pori people in the National Capital District (NCD). The ongoing violence has escalated, and Tomuriesa questions Marape's ability ...
TOMURIESA BLASTS SPEAKER IN PARLIAMENT || PARLIAMENT NEEDS ORDER ASAP || MARAPE GOVERNMENT QUESTIOND
Просмотров 7 тыс.Месяц назад
In this video, we dive into the heated session in Parliament where Tomuriesa blasts the Speaker, raising concerns about the lack of order in the house. With tensions rising, the need for immediate action is clear as the Parliament needs order ASAP. Furthermore, the leadership of the Marape government is questioned in the midst of these ongoing issues. Watch as key moments unfold, sparking a nat...
PNG GOVERNMENT DEALS I**EGAL: WHY ECONOMY IS POOR || MARAPE GOVERNMENT CAN'T FIX ECONOMY || CRISIS
Просмотров 14 тыс.Месяц назад
#pnggovernment #jamesmarape #parliamentarydebate The country is going through a tough time in this modern world because deals are not done with transparency. The Papua New Guinea government way of winning investors is by sweet talk and promising of high returns, not on genuine business deals. The country is struggling financially, in infrastructure and law & order. Health sectors are also suffe...
BREAKING: MARAPE'S CASINO DANGEROUS FOR ECONOMY || POVERTY IN PNG HIGH || INFLATION IN PNG HIGH
Просмотров 886Месяц назад
Breaking news from Port Moresby, Papua New Guinea (PNG) as Prime Minister James Marape announces a new casino project for the city. But is this a wise decision for the economy of PNG? With poverty and inflation rates already at an all-time high, will this new casino development bring in much-needed revenue or exacerbate the existing economic issues? In this video, we dive into the implications ...
PNG BE CAREFUL: DR MYLES MUNROE WARNED PNG || PNG STYLE OF LEADERSHIP IS DANGEROUS
Просмотров 2,6 тыс.Месяц назад
In this eye-opening video, we delve into the critical warnings issued by the late Dr. Myles Munroe regarding the leadership style prevalent in Papua New Guinea (PNG). Dr. Munroe, a renowned leadership expert and motivational speaker, highlighted the potential dangers of certain leadership practices that can hinder progress and development. Join us as we explore Dr. Munroe's insights into PNG's ...
SOMARE WARNED: PNG'S TREASURES ARE ITS PEOPLE, NOT THE RESOURCES || MARAPE GOVERNMENT CRISIS
Просмотров 5 тыс.Месяц назад
In this video, we reflect on the powerful message behind Sir Michael SOMARE heartmost treasure of PNG: Its people. The heart of Papua New Guinea lies not in its natural resources but in its people, as highlighted by Somare. As the nation faces a leadership crisis, this video explores the urgent call to save PNG and emphasize the importance of valuing its people above all else. Join us as we del...
PNG BE CAREFUL: DR. MYLES MUNROE WARNED PNG || NOW IT'S HAPPENING || PNG POLITICS IS DANGEROUS
Просмотров 39 тыс.Месяц назад
PNG BE CAREFUL: DR. MYLES MUNROE WARNED PNG || NOW IT'S HAPPENING || PNG POLITICS IS DANGEROUS In this eye-opening video, we dive deep into a powerful warning Dr. Myles Munroe once shared with Papua New Guinea (PNG). His cautionary words have proven prophetic as we now witness troubling signs unfolding in the nation's political landscape. With PNG politics becoming increasingly dangerous, it's ...
GOVERNMENT UNDER PRESSURE ON BOUGAINVILLE ISSUE || BOUGAINVILLE DEMANDS INDEPENDENCE BEFORE 2027
Просмотров 11 тыс.Месяц назад
PARLIAMENT SILENCED! SEMOSO BLASTS MARAPE AND HIS GOVERNMENT || BOUGAINVILLE REFERENDUM TO ANNOUNCE In this video, Hon. Francesca Semoso passionately criticizes Prime Minister James Marape and his government’s actions. She addresses significant issues concerning the Bougainville referendum and the need for the people’s voices to be heard. Watch as Semoso delivers a strong message in Parliament,...
BREAKING: MARAPE’S NEW MINIMUM WAGE TO BEAT INFLATION || PARLIAMENT SITTING PNG UPDATE
Просмотров 14 тыс.Месяц назад
#jamesmarape #pnggovernment #parliamentarydebate MARAPE SAYS NEW MINIMUM WAGE TO BEAT INFLATION || PARLIAMENT SITTING PNG UPDATE In this video, we cover the latest updates from the Papua New Guinea Parliament sitting, where Prime Minister James Marape announces a new minimum wage plan aimed at combating inflation. Discover how this policy will impact the economy, businesses, and workers in PNG....
MARAPE ASSURES BOUGAINVILLEANS DECISION || INDEPENDENCE AFTER PARLIAMENT VOTE
Просмотров 6 тыс.Месяц назад
In this video, we discuss Prime Minister James Marape's recent assurance to the people of Bougainville regarding their push for independence. Following a crucial vote in Parliament, Marape has made key statements addressing the future of Bougainville and the decision process ahead. Tune in to learn more about what this means for Bougainville's independence aspirations and the next steps in this...
BOUGAINVILLE IS NOT PNG: FRANCESCA SEMOSO BLASTS MARAPE ROSSO GOVERNMENT || PNG PARLIAMENT SITTING
Просмотров 28 тыс.Месяц назад
BOUGAINVILLE IS NOT PNG: FRANCESCA SEMOSO BLASTS MARAPE ROSSO GOVERNMENT || PNG PARLIAMENT SITTING
PNG TAX POLICY IS A SCAM || HIGH COST OF LIVING || ECONOMY STAGNANT || MARAPE GOVERNMENT FAILED
Просмотров 1,2 тыс.Месяц назад
PNG TAX POLICY IS A SCAM || HIGH COST OF LIVING || ECONOMY STAGNANT || MARAPE GOVERNMENT FAILED
JAMES MARAPE ADMITS ILLITERATE & SEMISKILLED CITIZENS CAUSE OF PNG NOT GROWING || OVERPOPULATION
Просмотров 865Месяц назад
JAMES MARAPE ADMITS ILLITERATE & SEMISKILLED CITIZENS CAUSE OF PNG NOT GROWING || OVERPOPULATION
UN UPDATE: MARAPE PRAISED FOR HUMANITY MESSAGE || SPEECH ON POVERTY IN PNG & WORLD
Просмотров 2,6 тыс.Месяц назад
UN UPDATE: MARAPE PRAISED FOR HUMANITY MESSAGE || SPEECH ON POVERTY IN PNG & WORLD
PM MARAPE HUMBLES DESPITE CRITICISMS || PM OFFICIAL SPEECH || MARAPE ADDRESSES PNG
Просмотров 1,2 тыс.Месяц назад
PM MARAPE HUMBLES DESPITE CRITICISMS || PM OFFICIAL SPEECH || MARAPE ADDRESSES PNG
JAMES MARAPE DEFENDS RUMORS || PNG IS INTACT AND STRONGER THAN BEFORE || AUSTRALIA PARLIAMENT SPEECH
Просмотров 1 тыс.Месяц назад
JAMES MARAPE DEFENDS RUMORS || PNG IS INTACT AND STRONGER THAN BEFORE || AUSTRALIA PARLIAMENT SPEECH
Marape at UN: PNG HAVE ENOUGH TO FEED THE WORLD || UN MEETING UPDATE ON FOOD #trending video
Просмотров 1,7 тыс.Месяц назад
Marape at UN: PNG HAVE ENOUGH TO FEED THE WORLD || UN MEETING UPDATE ON FOOD #trending video
KINA DECLINES DESPITE MASSIVE FOREX RESERVE IN CENTRAL BANK || PM MARAPE KEEPS ASSURING
Просмотров 1,3 тыс.2 месяца назад
KINA DECLINES DESPITE MASSIVE FOREX RESERVE IN CENTRAL BANK || PM MARAPE KEEPS ASSURING
ALLAN BIRD DEFENDS BOUGAINVILLE REFERENDUM || GOVERNMENT SIDE STEPPING CONSTITUTION || MARAPE LEARNS
Просмотров 22 тыс.2 месяца назад
ALLAN BIRD DEFENDS BOUGAINVILLE REFERENDUM || GOVERNMENT SIDE STEPPING CONSTITUTION || MARAPE LEARNS
MARAPE: PNG IS RICH! ASK ME IF NEED ANYTHING || PNG Update || James Marape Government || PNG WEALTH
Просмотров 2 тыс.2 месяца назад
MARAPE: PNG IS RICH! ASK ME IF NEED ANYTHING || PNG Update || James Marape Government || PNG WEALTH
IPATAS REMINDS MARAPE: THIS COUNTRY IS SINKING || ENGA GOVERNOR ADVISING PM MARAPE ON ISSUES
Просмотров 5 тыс.2 месяца назад
IPATAS REMINDS MARAPE: THIS COUNTRY IS SINKING || ENGA GOVERNOR ADVISING PM MARAPE ON ISSUES
MARAPE GOVERNMENT DEFER BOUGANVILLE REFERUNDUM BY 5 YEARS|| SIR PUKA TEMU BLASTS GOVERNMENT
Просмотров 3,9 тыс.2 месяца назад
MARAPE GOVERNMENT DEFER BOUGANVILLE REFERUNDUM BY 5 YEARS|| SIR PUKA TEMU BLASTS GOVERNMENT
Marape Admits K66 Million AID Not Enough For Road Upgrade || Parliaments Sitting || Connect PNG
Просмотров 8802 месяца назад
Marape Admits K66 Million AID Not Enough For Road Upgrade || Parliaments Sitting || Connect PNG
Marape Investment On IRC A Failure || Prices Hike || Marape Update || Parliament Sitting 2024
Просмотров 2,1 тыс.2 месяца назад
Marape Investment On IRC A Failure || Prices Hike || Marape Update || Parliament Sitting 2024
Marape Fights Back || Allan Bird On Inflation || Parliament Sitting
Просмотров 1,7 тыс.2 месяца назад
Marape Fights Back || Allan Bird On Inflation || Parliament Sitting

Комментарии

  • @RocksieKoa
    @RocksieKoa 11 часов назад

    Go forward Pangu and coalition parties together we prosper but divided we fall. Connect rural village to town like never done before 🤝🌈🇵🇬✅🙏

  • @RocksieKoa
    @RocksieKoa 11 часов назад

    How bai wanpla man tasol make change. Yupla olgeta wan wan lida bai wokim senis lo electorate blo yupla. Wailo 🤝🌈🇵🇬✅

  • @michaeldokupdr3203
    @michaeldokupdr3203 День назад

    Education and Health .. somehow our leaders are still struggling to find ways around the challenges faced each day...

  • @franksimonkoko4537
    @franksimonkoko4537 2 дня назад

    China Bank has 33 Branches around the world...China will control Financial World..USA can boast of Military Power...BRICS - Brazil. Russia, India, China and South Africa, Economic Partners, trading with Chinese Yen..

  • @hansleymatiwat4140
    @hansleymatiwat4140 2 дня назад

    Bro important issues but you need to outline your points and explain accordingly so the we can understand details.

    • @calebzambangin
      @calebzambangin 2 дня назад

      Thanks 🇵🇬🙏🏾 To be continued..

  • @dickkolai5346
    @dickkolai5346 3 дня назад

    Welcome Bank of China as the current commercial banks charge high interest rates on loans. More banks mean that competition can lead to lower interest rates to attract clients. Invite more banks to help small people.

  • @EraAB-i2u
    @EraAB-i2u 3 дня назад

    Papua New Guineans want to know when is gavernment going to implement the new minimum wage and how much implementation is it?

  • @LondairNapaliur-ct8ou
    @LondairNapaliur-ct8ou 3 дня назад

    It is not a good time to invite China into our country. We are in the brink of world war 3. This stupid dumb MPs are destroying PNG and selling PNG. BRIC'S IS JUST A MERE PROPAGANDA. IT WILL NEVER EVENTUATE.

  • @gailworuba5661
    @gailworuba5661 3 дня назад

    Thank you long toksawe,,bai yomi mekim wanem...yomi mas stop,,,,,

  • @craigwalo8802
    @craigwalo8802 3 дня назад

    China bank for ordinary pngns

  • @craigwalo8802
    @craigwalo8802 3 дня назад

    Competition is healthy for economy

    • @calebzambangin
      @calebzambangin 3 дня назад

      Feel free to comment your opinion 🇵🇬🙏🏾

  • @kelvinwaukave4335
    @kelvinwaukave4335 3 дня назад

    BoC will disrupt the local banks with high level of competition. This is good for customers. The FDI of Asian countries in PNG has largely increased and BoC is here to facilitate its Asian population in PNG. The local banks will lose all their Asian banking clients. By banking with BoC it will help them with FX issues 100%. On that note, I agree with Ross comments that BoC will aid with FX challenges.

  • @glennwilliam8663
    @glennwilliam8663 4 дня назад

    Im guessing theyll be offering very, very low interest rates for loan repayments but be wary of the terms ans conditions connected to their products... They here to buy us out. Just be cautious

  • @IssacRainy-u8b
    @IssacRainy-u8b 4 дня назад

    Obviously PNG will join the BRICS😢😢

  • @ShaneKuikui
    @ShaneKuikui 4 дня назад

    They deserve independence from PNG,but those lady boys in power cannot give bougainville what they deserve.

  • @earthslastfrontier-papuane2966
    @earthslastfrontier-papuane2966 4 дня назад

    NO NATION OUTSIDE OF PNG IS OUR FRIEND OR ENEMY. IT DEPENDS ON TYPE OF POLITICAL LEADERSHIP AND THE ENVIRONMENT WE PROVIDE. NEVER ASSUME THAT AMERICA IS OUR FRIEND AND CHINA IS OUR ENEMY.

    • @calebzambangin
      @calebzambangin 4 дня назад

      Feel free to comment your opinion 🙏🏾🇵🇬

  • @PeterBaundi
    @PeterBaundi 4 дня назад

    Conflict of options here?😢

    • @calebzambangin
      @calebzambangin 4 дня назад

      Feel free to comment your opinion 🙏🏾🇵🇬

  • @WilzEggs-vq2sh
    @WilzEggs-vq2sh 4 дня назад

    County face crisis because all our mps are so greed

    • @calebzambangin
      @calebzambangin 4 дня назад

      Feel free to comment your opinion 🙏🏾🇵🇬

  • @WapiakoJames-qe6uo
    @WapiakoJames-qe6uo 4 дня назад

    Governor you are Human rights lawyer and yet you are urgently bringing Human disaster in PNG’S national capital city. Vagrancy act is total inhuman No 👎 country around the world had Vagrancy act against its people. Is this the style of Indonesia government against West Irian or what? You are leader You have to find a solution, every problem have a SOLUTION. I HAVE ONE SOLUTION TO SOLVE MILLIONS ISSUES IN THE CITY WHICH GOVERNOR POWES PARKOP CAN NOT SOLVE IT..

    • @calebzambangin
      @calebzambangin 4 дня назад

      Feel free to comment your opinion 🙏🏾🇵🇬

  • @WilliamBenny-k1q
    @WilliamBenny-k1q 5 дней назад

    Jesus forgave n forget what about us as we call us christain country PNG is this comes from men or God

  • @johnmaiani
    @johnmaiani 5 дней назад

    Yu laik tok bai yumi go wantaim China? Tokaut stert na yumi go.

  • @pjv-w5t
    @pjv-w5t 5 дней назад

    Thank you no comment, I just have a bush material advice. many of our leaders have ignore it or have no idea to deal on that issues and it's just right under our nose. Why Economists can't identified that and advise.... it's the Law of this Country, our law is outdated... Stretim law na wokim strong. Don't touch China... you'll be vote out.

  • @BonipasUmba
    @BonipasUmba 5 дней назад

    China Bank, em orait LG operate LG country. China mekim plenti gutpela samting LG country.yumi ken learn from them and improve out country and leaving standard

    • @calebzambangin
      @calebzambangin 5 дней назад

      Feel free to comment your thoughts below 🇵🇬🙏🏾

  • @KenaMapa
    @KenaMapa 5 дней назад

    Thank you Bata

  • @stanislousesagu4587
    @stanislousesagu4587 6 дней назад

    Thankyou Doctor Myles for the Powerful Inspiration Massage for Papua New Guinea...

  • @KumilgoKobla
    @KumilgoKobla 6 дней назад

    Are you an economist or a grassroots

  • @WisiPalau-s1q
    @WisiPalau-s1q 6 дней назад

    Pangu government is pushim PNG igo long naus blong Shark

    • @calebzambangin
      @calebzambangin 6 дней назад

      Sadly. Feel free to comment your opinion 🇵🇬🇵🇬🙏🏾

  • @bobbyJimwaima
    @bobbyJimwaima 6 дней назад

    You save lon China but no choice so tokim us lon opim bank

    • @calebzambangin
      @calebzambangin 6 дней назад

      Thats it. Feel free to comment your opinion 🇵🇬🙏🏾🙏🏾

  • @ShayneKelly
    @ShayneKelly 6 дней назад

    You've made a great start. Keep edifying your videos and presentation. Get more information, advice and make more research. Keep going you are on track.

    • @calebzambangin
      @calebzambangin 6 дней назад

      Thanks for the heads up 🇵🇬🙏🏾

  • @macthildtukas6892
    @macthildtukas6892 6 дней назад

    Thanks for sharing

  • @PeterMichealJohn
    @PeterMichealJohn 6 дней назад

    They are so hungry ,we rare okay we need food please make lots of farm,forget about fx or trade ,let stay in png

  • @WilliamPeter-tt5bc
    @WilliamPeter-tt5bc 7 дней назад

    China using money trape if you don't pay their money back they will start getting some parts of the country that's what Chinese making now

    • @calebzambangin
      @calebzambangin 6 дней назад

      Thats one way to look at 🙏🏾🇵🇬🇵🇬

  • @howardiorere8962
    @howardiorere8962 7 дней назад

    😂😅😂😂😂 so why na Australia gat china bank long taim yet. Na nau Trump president y na al displa country hariap laik wok wan tem trump...😅

  • @KingsfordRaguna-r1l
    @KingsfordRaguna-r1l 7 дней назад

    Thank you brother for the news ❤

    • @calebzambangin
      @calebzambangin 7 дней назад

      feel free to comment your thoughts 🙏🏾🙏🏾🇵🇬

  • @GuanMinga
    @GuanMinga 7 дней назад

    I nogat BSP na ol arapla bank blg PNG i operate bipo stap a, less lng China, karim kon samting kam, PNG must tok no.

    • @calebzambangin
      @calebzambangin 7 дней назад

      Feel free to comment your thoughts 🙏🏾🇵🇬

  • @JimleyAliningiKuminiga
    @JimleyAliningiKuminiga 7 дней назад

    True pla tok tok Bata

    • @calebzambangin
      @calebzambangin 7 дней назад

      Feel free to comment your thoughts 🙏🏾🇵🇬

  • @lammondlalau5620
    @lammondlalau5620 7 дней назад

    thankyou bro for bringing up this .. we must stand together to say no..for better of our future.

  • @EdwardTangone
    @EdwardTangone 7 дней назад

    Well, if USA and Australia have nil interestment in investing PNG then this is likely to happen.

  • @steventoikilik6639
    @steventoikilik6639 7 дней назад

    I think people already know about the proposed Bank of China. They might provide some products that are not being provided by our current banks. We can not presume or assume any negativity about this bank We might soon use a different currency. US dollar has dropped. It's significant in the trading market. We can not continue to use USD. The new US president is pushing to adapt Crypto Currency. So, I think it's time to change, 😅and I support the establishment of this new bank.

    • @calebzambangin
      @calebzambangin 7 дней назад

      🇵🇬🙏🏾Well said. Feel free to comment your opinion

    • @Wez-cm8ky
      @Wez-cm8ky 4 дня назад

      China's ultimate goal is land, No Chinese company operates outside China without expressed permission by the Chinese Communist Party (CCP). Look at Solomon Islands biggest Gold mine developed by China, all infrastructure built remains the property of China for perpetuity. The roads, mining township, the wharf etc. The story is the same from Africa, Asia and the Pacific. They give exorbitant loans to countries for projects to be built by Chinese companies so the money boomerangs back to China and the country is left with an impossible loan. repayment, you default and they legally seize the project as their own. ( there's a pacific island state that has a China built wharf big enough to berth an aircraft carrier, problem is the island gets two supply ships a month. Look at NBC, they got a loan of K200M to convert from analogue to Digital broadcasting network for NBCTV alone, NBC national radio excluded. The K200M covers 1 district and 9 provinces leaving 13 provinces and 88 districts yet be done, this is less than 10% of the network. (Launched in June 2024 and has yet to be used, neim blo ol masin ol raitim lo tok peles blo China, how bai yu ridim). They even own massive animal and agricultural lands in the US, including lands next to US military bases. Acquired under Biden. This is part of China's Belt & Road initiative. BRiCS? India and China the two biggest founding economies in BRICS are in disagreement on recent border issues between the two. China claiming parts of India as it's own proves China can't be trusted.

    • @steventoikilik6639
      @steventoikilik6639 2 дня назад

      Friends and family, don't forget that Chinese were here before and after Independence. We had China towns in our main towns. They brought marchendise and build stores, and we are able to buy goods. Otherwise, where will we buy soap, sugar, rice, and even clothes. It is evident that we can not see Australian or American stores or shopping malls in PNG. Our banks are taxing every transaction and anything that we do with the bank. Getting a loan from the bank is very steep these days. I think our current banks are not telling us about other services or products they have. Especially in terms of investment. So, in my opinion, I support the establishment of the new bank of China.

    • @Wez-cm8ky
      @Wez-cm8ky 21 час назад

      @@steventoikilik6639 the China of yester years is not the China of today, they are hell bent on world domination. No Chinese company operates outside China without permission from the Chinese Communist Party. Their loan traps are every where in the world. Most of the increase (K30 Billion+ under PMJM) in our current foreign debt is Chinese. Our current foreign debt stands at about K67 Billion. Wonder why the bank of China is now here. What will our children, our bubus and their bubus inherit from us? Kaikai blo tingting tsl.

  • @TimmyPaulon-i1j
    @TimmyPaulon-i1j 7 дней назад

    Government of PNG should stop that longlong pasin wok lng kamap. Kisim planti helpim kam lng china,so lng taim blo bekim dinau em hard, so foolish decisions will be made. Lukim lng narapla sait, china em wanpla treat lng indoor pacific, but leaders lukim lng trade and economy na wok lng pass wantaim china stap. Enough of that nonesense PNG government. Papua new Guinea Government please tell china to back off from us.

  • @TrinicksOpal
    @TrinicksOpal 7 дней назад

    Pro west comment. Except China Bank.

    • @calebzambangin
      @calebzambangin 7 дней назад

      Feel free to comment your opinion 🇵🇬🙏🏾

  • @MarkValuka-v7z
    @MarkValuka-v7z 7 дней назад

    More better get a fact and true information from Deputy PM..he is the right person to Explain to the country..

    • @calebzambangin
      @calebzambangin 7 дней назад

      Feel free to comment your opinion 🙏🏾🇵🇬

  • @johnwaliapan3146
    @johnwaliapan3146 7 дней назад

    I think that is good given the fact the Australian owned banks like ANZ and WESTPAC Banks are closing thier doors in png. Not only banks but Australian companies like steamships, Burns Philip snd WR Carpenters closed their operations in png. Now that China is really concurring png economicaly its very said day for Australian and their Allies

    • @calebzambangin
      @calebzambangin 7 дней назад

      Yes that’s one good way to look at it too🙏🏾🇵🇬

  • @christopherkalvale4624
    @christopherkalvale4624 7 дней назад

    Just my view tasol just to balance rising power in FX. Right now the US dollar against China FX is a race for a power house as you mentioned. In the next 10 years from now the Chinese currency will rise above the rest. It is now gaining momentum without stopping. Anyway our government.has two sides of the coins to play with in future.

    • @calebzambangin
      @calebzambangin 7 дней назад

      Indeed. Here’s a scenario: We spent past what our budget, then looking for money to top up and then spend again. Despite kina dropping, our kantri gat planti money but those money are not spent on the right things. Resulting in no profits, more spending and borrowing. Most possible the chinese bank isn’t here to boost up our game but take advantage lo current situation blo kantri

  • @anorifana2066
    @anorifana2066 7 дней назад

    Wanbel lo tktok blo u, u need lo lukim Baker na sampla like minded economist lo raisim displa valid point. Thankful, tktok blo u brigim lait. Government have no sympathy on their own citizens. Trutru umi rabis ya. Mak blo umi kirapim wanpla group lo eliminate ol crook leaders. Sori lo umi PNG🇵🇬😭😭😭🇵🇬

    • @calebzambangin
      @calebzambangin 7 дней назад

      They just need to solve issues amongst themselves. Problem blo hausline em bikpla samthing. If they the leaders look for ways to solve issues within the kantri itself without international support, I’m sure we should be on top other pacific countries

  • @GeorgePhilip-lw7ls
    @GeorgePhilip-lw7ls 7 дней назад

    True but we as ordinary citizens need more competition in our banking industry. 1 positive I can see is bringing in competition in the banking sector and lower interest rates of all this money grabing banks in PNG. A clear example of monopoly been played out is in our energy sector and also monopoly in our natural resources extraction sector. The same old companies which run the system and dont want competition. We need competition,we need to open our gates to the world. We cannot grow on our own. We need help. Welcome the Chinese bank ,i tell you America and the western world will pour into PNG also. They know how strategic PNG is to thier survival. Only thing is we need good governance and strong leaders who will ensure we dont fall into bigger debts and sell our birthright. Look on the positive

    • @calebzambangin
      @calebzambangin 7 дней назад

      competition will no likely solve this issue. The problem is there, the leaders however too ignorant

  • @agustinetongpak8395
    @agustinetongpak8395 8 дней назад

    Bro,all the leader from paliarment must check ol this things before aprove...

  • @BettivellaHarry
    @BettivellaHarry 8 дней назад

    China have a Controlled Economy and have World dominance, Bank of China will be much better than the Western Colonial Banks, simply put FX problem will be solved bypassing USD ,so PGK can do swaps with our major trading partners and countries bypassing USdollars for example PGK/CNY, PGK/JPY etc so we can truly see the value of our resources instead of prices being set and controlled by the Western Colonial Powers . Welcome Bank of China to PNG. China's world dominance and also a major player in the BRICS, China will ensure PNG Kina stays stronger against USDollars,AUDollars and other currencies 👍

    • @calebzambangin
      @calebzambangin 7 дней назад

      Yes that can be one perspective as far as trade is concerned, but being in debt is also another issue. Despite our aim to strengthen PGK, government overspending will not solve this issue rather leave us alone to keep borrowing. Chinese are so happy to assist and that will not improve our situation.

  • @miriamsilata8498
    @miriamsilata8498 8 дней назад

    Brics Brazil - Russia, India , China & south Africa not south America

  • @RocksieKoa
    @RocksieKoa 8 дней назад

    If ol narapla country allow foreign bank lo opporate lo country blo ol na ol kamap successful lo develop ples blo ol. Wanem samting rong? Ol lida skelim pinis na allowim lo kam opporate. Larim ol ikam. 🤝🌈🇵🇬✅