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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

Finance

Abu Dhabi Consortium Withdraws $19 Billion Bid for Australia’s Santos, Ending Months of High-Stakes Takeover Drama

Abu Dhabi’s ADNOC-led consortium, known as XRG, has formally withdrawn its indicative $19 billion proposal to acquire Santos, one of Australia’s largest oil and gas producers. This decision ends months

Finance

National Banking Corporation in PNG Secures K100 Million Capital Infusion, Boosting PNG Ownership Close to 50%

The National Banking Corporation Limited (NBCL) has confirmed a major milestone in its ownership structure, with Papua New Guinea citizens and local businesses investing K100 million in new equity through

Finance

BSP Faces Profit Hit as PNG Government Transfers Accounts to National Banking Corporation

Background and Announcement On September 9, 2025, BSP Financial Group Limited announced that the PNG Government, through the National Executive Council, directed several key government departments, including Finance, Treasury, and

Finance

Nasfund vs. Nambawan Super: Papua New Guinea’s Superannuation Giants Battling for Your Retirement Future

Superannuation funds are essential to securing the financial futures of Papua New Guinea’s workforce. Nasfund and Nambawan Super stand as the two largest funds, each with distinct approaches to investment,

Finance

BSP Financial Group Reports Strong First Quarter of 2025 Growth Amid Strategic Investments

Papua New Guinea’s largest banking institution, BSP Financial Group Limited, began 2025 with a strong first quarter, posting notable revenue growth and a healthy bottom line despite making deliberate investments

Shell CEO Wael Sawan. Photo: Market Watch

Finance

Shell’s Potential BP Takeover: A $100 Billion Game-Changer or a Risky Gamble?”

LONDON — Speculation about a potential Shell acquisition of BP has intensified, prompted by reports from Bloomberg and The Times. Neither Shell nor BP have confirmed or denied these rumors,

Jaindi Exports, Coconut Giant from Sri Lanka. Photo: Jaindi Exports

Finance

A Closer Look at Jaindi Exports and Its Plan to Build a Massive Content Processing Plant in Madang, PNG

Madang, PNG-Jaindi Export Pvt Limited, a Sri Lankan coconut product manufacturer, aims to reshape Papua New Guinea’s coconut industry with a massive processing plant in Madang. But who is Jaindi,

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…

Finance

BSP’s K1 Billion Question: Can PNG’s Biggest Bank Finance The Next Wave Of Pacific Growth?

Can PNG’s biggest bank, the BSP Financial Group Limited (BSP) finance the next wave of Pacific growth? That is the…

The CEO Series

Kedi Ilimbit and the Long Game at Ok Tedi

Kedi Ilimbit is now at the centre of one of Papua New Guinea’s most important companies, and his rise says…

Leadership

PNG Defence Force: Political Interference, Broken Systems, and a Defence Force on Edg

Papua New Guinea’s Defence Force is facing fresh scrutiny after unrest at Murray Barracks in Port Moresby on the night…

Company Spotlight

Kina Bank: Growing Beyond Traditional Banking

Long before Kina Bank became one of Papua New Guinea’s biggest banks, it was something very different. A small financial…

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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

Abu Dhabi Consortium Withdraws $19 Billion Bid for Australia’s Santos, Ending Months of High-Stakes Takeover Drama

National Banking Corporation in PNG Secures K100 Million Capital Infusion, Boosting PNG Ownership Close to 50%

BSP Faces Profit Hit as PNG Government Transfers Accounts to National Banking Corporation

Nasfund vs. Nambawan Super: Papua New Guinea’s Superannuation Giants Battling for Your Retirement Future

BSP Financial Group Reports Strong First Quarter of 2025 Growth Amid Strategic Investments

Shell’s Potential BP Takeover: A $100 Billion Game-Changer or a Risky Gamble?”

A Closer Look at Jaindi Exports and Its Plan to Build a Massive Content Processing Plant in Madang, PNG

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

BSP’s K1 Billion Question: Can PNG’s Biggest Bank Finance The Next Wave Of Pacific Growth?

Kedi Ilimbit and the Long Game at Ok Tedi

PNG Defence Force: Political Interference, Broken Systems, and a Defence Force on Edg

Kina Bank: Growing Beyond Traditional Banking

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