Santos is listing on Papua New Guinea’s stock exchange, the PNGX, after its merger with Oil Search received the necessary final approvals. It will immediately become the exchange’s largest listing, providing PNG’s capital markets with a timely boost.
Time to grow: Papua New Guinea’s stock exchange looking to expand
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6 Oct 2021 by Leave a Comment
Crowdfunding and a new listed fund are in the pipeline at Papua New Guinea’s stock exchange, PNGX, as it looks at new ways of grow the country’s capital markets and encourage SMEs.
People moves: NCSL, PNG Air, Paradise Foods, PNGX
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4 Aug 2021 by Leave a Comment
The Nasfund Contributors Savings and Loan Society (NCSL) welcomes an Independent Director, PNG Air announces new Chairman and Deputy Chairman, Paradise Foods elects Interim Group CEO and PNGX appoints a General Manager.
Securities Commission uncertainty a bottleneck to Papua New Guinea’s growth, says PNGX Chairman
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7 Apr 2021 by Leave a Comment
Papua New Guinea took a step closer to resolving a significant governance issue related to its stock exchange, PNGX, following a National Court ruling late last month. However, uncertainty continues to hold back PNG’s capital markets, reports David James.
Stock exchange: Could a new levy stifle Papua New Guinea’s capital markets?
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24 Feb 2021 by Leave a Comment
The Acting Chairman of the Securities Commission Alex Tongayu has issued an order that a new levy will be applied to all transactions on the PNGX, Papua New Guinea’s stock market. It has raised concerns that it will impede the growth of the country’s capital markets.
JMP Securities sees big growth opportunities for investment products in Papua New Guinea
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2 Dec 2020 by 3 Comments
JMP Securities has acquired Bank South Pacific’s stockbroking business in Papua New Guinea. Co-founder and Managing Director Lars Mortensen tells Business Advantage PNG he sees great opportunity for growth.
Commodities update: palm oil reverses trend, LNG soars but oil continues to weaken
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28 Oct 2020 by Leave a Comment
LNG prices continue to surge and are now up by over a third this year. But oil prices eased and cocoa prices also fell slightly. Business Advantage PNG’s monthly review of commodity and financial markets.
Commodities update: silver loses shine, cocoa melts but LNG prices rise
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29 Sep 2020 by Leave a Comment
LNG prices surged, clawing back most of this year’s losses, but oil prices fell. Silver also lost some of its recent spectacular price gains. Business Advantage PNG’s monthly overview of commodity and financial markets.
LNG prices bounce back
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31 Aug 2020 by Leave a Comment
LNG prices have surged clawing back earlier losses, while the oil price is steady and cocoa is also strong: Business Advantage PNG’s monthly overview of commodity and financial markets.
Metals, coffee and oil rebound: a silver lining for Papua New Guinea’s commodity and financial markets
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29 Jul 2020 by 1 Comment
The silver price takes off and LNG also surges. Coffee is also up sharply and oil is steady. Business Advantage PNG’s monthly overview of commodity and financial markets.
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