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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

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

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

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

Photo: RNZ / Koroi Hawkins

PNG’s K50 Million For 50th Anniversary Celebrations Sparks Nationwide Debate

The Papua New Guinea government’s allocation of K50 million for the 50th Independence Jubilee celebrations has ignited intense debates about

Shell CEO Wael Sawan. Photo: Market Watch

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.

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

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

Shane Elliot, ANZ CEO

ANZ Reports Record Revenue of A$10,995 million in CEO Shayne Elliott’s Final Result

Melbourne, May 8, 2025 – ANZ Bank has announced a record-breaking interim result, delivering its highest revenue for any half

Westpac CEO Anthony Miller

Westpac Bank Reports $3.5 Billion Net Profit for First Half of 2025 Financial Year

Key Points Net profit: $3.5 billion, down 1% from last year. Interim dividend: 76 cents per share. Total loans: $825

Scam or Lifeline? Govt-Backed Niucare Scheme Altered Due to Public Backlash

Scam or Lifeline? Govt-Backed Niucare Scheme Altered Due to Public Backlash

The introduction of the Niucare Life Insurance Policy in Papua New Guinea (PNG) has received a harsh backlash across the

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