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Finance

ANZ CEO Nuno Matos Warns of AI Risks, Job Cuts After Elon Musk and Sam Altman Warning

ANZ Group Holdings chief executive Nuno Matos declined to rule out large-scale job cuts driven by artificial intelligence at the

CreditBank Deposits Jump 84% Under Group CEO Danny Robinson as Lending Stalls

CreditBank PNG’s deposits jumped 84% to K832.8m in six months while its loan book stayed flat. What it means for

From Consumer Finance to Fintech Platform: Moni Plus’ Strategic Move Under MD Aho Baliki

Moni Plus has bought a new core banking system, the software a bank runs on, before it has a banking

BSP’s Tax Bill Rose 29.4% as Rate Fell to 43%, Profit K620m

Papua New Guinea’s biggest bank had its best six months on record. It also paid far more tax, in a

Solomon Islands Prime Minister Matthew Wale Photo/Prime Minister's Office, Solomon Islands

Prime Minister Mathew Wale: Donors Supplied SBD8.8 Billion of Solomon Islands’ SBD13.6 Billion Development Spend

Solomon Islands development partners supplied SBD8.8 billion of the SBD13.6 billion mobilised for development between 2016 and 2021, Prime Minister

PNG Closes Taiwan’s Office Days After Signing Defense Pact With Australia

Papua New Guinea ordered the immediate closure of Taiwan’s representative office in Port Moresby on 16 July, and the timing

MRDC Posts K22.1 Million Loss, Defends K29.3 Million Payroll Against a K14.5 Billion Book

Mineral Resources Development Company reported a PGK 22.1 million parent-level loss for 2024, a figure the state-owned trustee company disclosed

PNG Has One FATF Plenary Left Before Its Grey-List Grace Period Gets Tested

Only three countries currently sit on the world’s financial blacklist: Iran, North Korea and Myanmar, unchanged since Myanmar’s addition in

BSP Bets on Five Nations at Once: Inside the Bank’s Rugby League World Cup Play

Bank South Pacific has secured status as official banking partner of the 2026 Rugby League World Cup, according to Islands

Australia Is Spending Big to Keep Fiji Close. Here’s What AUD $150 Million Actually Buys

For years, China courted Fiji’s ports. Now Australia is trying to make sure it never gets the chance. Since 2019,

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