Oil Search, Papua New Guinea’s biggest company, has been suspended from trading on PNGX, the country’s stock exchange, amidst claims that it did not follow proper procedure in its recent capital raising – claims the company is refuting.
Oil Search shares suspended on Papua New Guinea’s stock exchange
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3 Jun 2020 by Leave a Comment
How Papua New Guinea’s crisis in business funding could be solved
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27 Apr 2020 by 2 Comments
The impact of the COVID-19 crisis on Papua New Guinea’s financial markets has been muted so far. However, the crisis provides an opportunity to create new investment opportunities so that local entrepreneurs can raise capital more easily.
The stock market as a driver of growth for Papua New Guinea [opinion]
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3 Mar 2020 by Leave a Comment
KPMG’s Wayne Osterberg argues that it might be time to use Papua New Guinea’s stock market to help drive growth in the country.
Financial services: a sector profile
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21 Nov 2019 by Leave a Comment
A profile of the financial services sector in Papua New Guinea, including information on banks, finance companies, capital markets, superannuation and insurance.
In brief: PNGX announces the launch of six indices and other business news
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28 Oct 2019 by Leave a Comment
PNGX to launch six indices, Oil Search reports sluggish third quarter results, and Geopacific Resources on track to fund Woodlark. Your weekly digest of business news.
What the future holds for Papua New Guinea’s stock market
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23 Oct 2019 by Leave a Comment
What is the future of Papua New Guinea’s stock market? PNGX Chairman David Lawrence believes there is an opportunity to expand the country’s capital markets, while changes to the regulator are also expected. David James explores.
Oil and LNG prices weaker but precious metal up: a monthly review of Papua New Guinea’s commodity and financial markets
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30 Jul 2019 by Leave a Comment
Oil, LNG and gas prices are weaker but precious metals are slightly up. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
Papua New Guinea’s Stock Exchange plans for debt trading market
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17 Jul 2019 by 1 Comment
PNGX, Papua New Guinea’s renamed stock exchange, has announced proposals to establish trade in government and private debt. It may lead to a significant deepening of the PNG financial system. David James reports.
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