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Finance

PNG Govt Gets Another US$219 Million Loan from IMF

Papua New Guinea has secured immediate access to approximately US$219 million from the International Monetary Fund (IMF), following the Executive Board’s approval of the Fifth Reviews under the Extended Credit

Finance

Is International Monetary Fund’s Oversight on PNG’s Internal Revenue Commission a Threat to Sovereignty or Essential Reform?

The recent high-profile resignation of Sam Koim from Internal Revenue Commission PNG has drawn a public outcry from Papua New Guinea. Koim is a prominent PNG lawyer and staunch corruption

Finance

PNGX Group to Acquire PNG Registries from MUFG Pension & Market Services

PNGX Group and MUFG Pension & Market Services today announced they have reached an agreement for PNGX Group to acquire PNG Registries from MUFG Corporate Markets, a division of MUFG

Finance

$2.7 Billion Merger: Ashurst and Perkins Coie Merge to Form Global Legal Powerhouse

Ashurst and Perkins Coie have announced their intention to merge, creating a new global law firm named Ashurst Perkins Coie. This merger is set to position the combined firm among

Finance

Southeast Asia Targets US$2 Trillion Economy by 2030, Says Indonesian Minister Highlighting ASEAN’s Robust Growth

South-east Asia is positioning itself as a leading hub for economic opportunity, with the region projected to become a US$2 trillion economy by 2030, according to Indonesia’s Coordinating Minister for

Finance

ANZ Bank Reports statutory profit of AUD 5.89 billion for 2025 Financial Year

Australian banking giant ANZ today announced its full-year financial results for 2025, marking the first full year under new CEO Nuno Matos. The results reflect both challenges and opportunities as

Finance

BSP Financial Group Reports K860M Revenue, K284M Profit Up 22% in Q3 2025

Port Moresby, Papua New Guinea — BSP Financial Group, the largest bank and financial institution in the South Pacific, announced its third quarter 2025 financial results, demonstrating strong revenue growth,

Finance

Harmony Gold Mine Completes $1.01 Billion Acquisition of CSA Copper Mine

Harmony Gold Mining Company Limited announced on October 24, 2025, the successful completion of its acquisition of MAC Copper Limited, gaining full ownership of the premium CSA copper mine in

Finance

Internal Revenue Commission Projects Mining Sector Tax Revenue to Hit K2 Billion in 2025

Papua New Guinea’s mining sector is a cornerstone of the nation’s economy, representing roughly 12 to 15 percent of the country’s Gross Domestic Product (GDP) and contributing over 60 percent

Finance

Papua New Guinea Approaches FATF Grey List: What it Means for Business, Government, and Citizens

Papua New Guinea (PNG) is rapidly moving toward being placed on the Financial Action Task Force’s (FATF) grey list by February 2026, a development that has raised alarm across the

Barrick Gold Faces Uncertainty Over Confiscated Gold in Mali, Operations in Papua New Guinea Unaffected

Bamako, Mali – Barrick Gold Corp., one of the world’s largest gold producers, is grappling with uncertainty following the seizure…

Resources

Mayur Resources Raise K265 Million to Fund its Central Cement and Lime Project in Papua New Guinea

Port Moresby- Mayur Resources has raised K265 million (A$100.1 million) to fund its Central cement and lime project in Papua…

Leadership

K12 Billion Legacy: Paul Sayer Built Nambawan Super from K6 Billion to K12 Billion

Port Moresby, December 17, 2025 – When Paul Sayer joined Nambawan Super in 2017, Papua New Guinea’s largest superannuation fund managed…

Finance

PNG Govt Gets Another US$219 Million Loan from IMF

Papua New Guinea has secured immediate access to approximately US$219 million from the International Monetary Fund (IMF), following the Executive…

Geopolitics

Australia Funds Google’s $120 Million Internet Cable Project for PNG to Counter China’s Huaweii

Google is in talks with Papua New Guinea (PNG) government to roll out three subsea cables across the country at…

Economic Updates

Mastercard Forecasts 3.1% Global Growth in 2026—Asia Pacific Steady

Global real gross domestic product growth is forecast to reach 3.1% in 2026, representing only a slight decline from the…

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PNG Govt Gets Another US$219 Million Loan from IMF

Is International Monetary Fund’s Oversight on PNG’s Internal Revenue Commission a Threat to Sovereignty or Essential Reform?

PNGX Group to Acquire PNG Registries from MUFG Pension & Market Services

$2.7 Billion Merger: Ashurst and Perkins Coie Merge to Form Global Legal Powerhouse

Southeast Asia Targets US$2 Trillion Economy by 2030, Says Indonesian Minister Highlighting ASEAN’s Robust Growth

ANZ Bank Reports statutory profit of AUD 5.89 billion for 2025 Financial Year

BSP Financial Group Reports K860M Revenue, K284M Profit Up 22% in Q3 2025

Harmony Gold Mine Completes $1.01 Billion Acquisition of CSA Copper Mine

Internal Revenue Commission Projects Mining Sector Tax Revenue to Hit K2 Billion in 2025

Papua New Guinea Approaches FATF Grey List: What it Means for Business, Government, and Citizens

Recent Posts

Barrick Gold Faces Uncertainty Over Confiscated Gold in Mali, Operations in Papua New Guinea Unaffected

Mayur Resources Raise K265 Million to Fund its Central Cement and Lime Project in Papua New Guinea

K12 Billion Legacy: Paul Sayer Built Nambawan Super from K6 Billion to K12 Billion

PNG Govt Gets Another US$219 Million Loan from IMF

Australia Funds Google’s $120 Million Internet Cable Project for PNG to Counter China’s Huaweii

Mastercard Forecasts 3.1% Global Growth in 2026—Asia Pacific Steady

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