Industry sectors

Papua New Guinea’s stock exchange looks to blockchain

The prospect of instantaneous settlements on Papua New Guinea's stock exchange, PNGX, has moved a little closer with a new agreement to explore blockchain technology to support its trading system. PNGX Chairman David Lawrence tells Business Advantage PNG the technology could 'turbocharge' PNG's capital markets.
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Technology & growth: Moni Plus looks to a banking licence and IPO

Despite the pandemic’s severe economic impacts in Papua New Guinea, financial institution Heduru Moni Limited (trading as Moni Plus) achieved record-breaking revenues and profits in 2021. Business Advantage PNG sat down with the company’s new CEO, Aho Baliki OBE, to discuss its successes and ambitious plans for growth.
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