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.
JMP Securities sees big growth opportunities for investment products in Papua New Guinea
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Commodities update: palm oil reverses trend, LNG soars but oil continues to weaken
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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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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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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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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.
Oil Search shares suspended on Papua New Guinea’s stock exchange
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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.
How Papua New Guinea’s crisis in business funding could be solved
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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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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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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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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.
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