Global Gas Prices Jump 140%, but PNG’s Contracts Limit the Windfall
The world is short of gas and prices have more than doubled. Most of PNG’s gas is sold under long-term
Kina Down 17.7% Against Australian Dollar in 16 Months Despite September Bounce
The kina bought 38.01 Australian cents in May 2025. By September 2026 it bought 31.27 cents, according to Exepreneur’s analysis
Coke & BSP Put Over $20 Million Into Chiefs While Pepsi Buys Luai Instead
Coca-Cola Europacific Partners and Bank South Pacific have committed more than A$20 million to the PNG Chiefs over three seasons,
PNG’s China Exports Hit US$232 Million in June, Up 49% on Nickel
Papua New Guinea’s exports to China reached US$232 million in June, a 49% increase on the same month a year
Solomon Islands Quietly Rewrote Its Currency Basket. It Took the IMF the Better Part of a Decade to Get There
The Solomon Islands dollar has been pegged to a basket of foreign currencies since October 1998. Sometime before November 2024,
LNG Prices Will Decide Whether PNG’s Fiscal Consolidation Survives 2027
Papua New Guinea’s government has promised to balance its budget by 2027. The global LNG market it depends on to
BSP Holds 63.3% of PNG Deposits. No Rule Caps How Much More
Bank South Pacific controls 63.3% of deposits and 61.2% of lending in Papua New Guinea, according to BSP’s Full Year
Dollar Pegs Are Getting More Expensive to Defend Across the Pacific
Every major currency regime in the Pacific is being tested by the same oil shock at the same time, and
PNG Slashed Forex Backlog From K1.8 Billion to K200 Million. Households Are Footing the Bill
Papua New Guinea’s foreign exchange backlog has collapsed from K1.8 billion to about K200 million, an 89% drop that Bank
