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.
PNGX
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.
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.