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Economy/Investment

Kina Securities prospectus released with aim of raising K202 million

24 Jun 2015 by 19 Comments
Ordinary Papua New Guineans will be able to apply to purchase at least some of 97 million shares in PNG-based financial services company Kina Securities. The company has just launched its prospectus, ahead of an expected listing on both the Port Moresby and Australian stock exchanges on 30 July.
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Papua New Guinea government seeks to encourage more investment by opening stock exchange to more competition

10 Jun 2015 by 1 Comment
Prime Minister Peter O’Neill says a planned ‘shake up’ of the Port Moresby Stock Exchange (POMSoX) will lead to more innovation and increased domestic and international investment.
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Program for 2015 Papua New Guinea Advantage Investment Summit released

6 May 2015 by Leave a Comment
Registrations are now open for the 2015 Papua New Guinea Advantage Investment Summit, to be held at the Brisbane Convention and Exhibition Centre in Brisbane, Australia on 27 and 28 August.
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Economic update: Papua New Guinea changes gear

28 Apr 2015 by 7 Comments
Papua New Guinea’s economy is now emerging from a period of hiatus following the completion of its massive liquefied gas project. Andrew Wilkins talks exclusively to some of PNG’s top executives to find out their views on the economy.
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Papua New Guinea agriculture benefitting from lower commodity prices, says Asian Development Bank economist

8 Apr 2015 by Leave a Comment
The Asian Development Bank’s departing Papua New Guinea economist, Aaron Batten, says agriculture is the big winner with the current downturn in commodity prices, while its Country Director Marcelo Minc flags further bank investment in PNG.
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China and India’s growing business links with Papua New Guinea and the Pacific

26 Nov 2014 by 1 Comment
Pacific leaders have been the recipients of largesse from India’s Prime Minister and China’s President, who met in Fiji last week. Meanwhile, a new ANZ report details the increasingly close links between China's aid and its investment in the Pacific.
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Papua New Guinea mining and petroleum conference to focus on global mining downturn

19 Nov 2014 by
Next month’s Mining and Petroleum Investment Conference in Sydney will take a critical look at how the industry can build on recent successful ventures in Papua New Guinea, as it deals with the global downturn.
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