NEWS & ANALYSIS

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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,

Leadership

Steamships Appoints Alan Heyns as New CEO of Pacific Palms Property

Steamships has announced the appointment of Alan Heyns as Chief Executive Officer of its Property Division, Pacific Palms Property (PPP), stepping into a pivotal role as the company embarks on

Leadership

Fiji Airways Appoints Paul Scurrah as New Managing Director and CEO

Fiji Airways today announced the appointment of Mr. Paul Scurrah as its new Managing Director and Chief Executive Officer, effective 1 November 2025. Mr. Scurrah brings over 25 years of

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

Resources

Ok Tedi Mining Positions Itself At The Forefront of Emerging Local LNG Market in Papua New Guinea

The Ok Tedi Mining Limited (Ok Tedi) has signed a non-binding gas supply term sheet with ArranEnergy, a subsidiary of Trans Wonderland Limited (TWL), marking a strategic move towards decarbonising

Technology

Revolutionizing Access: Papua New Guinea’s New Digital Platform to Streamline Government Services and Payments

The phrase “go and come back tomorrow” is widely known and reflects the frustrating experience many have with government offices in Papua New Guinea (PNG), where delays and inefficiencies are

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

Geopolitics

Defence Treaty Pulls PNG Back to Colonialism: Exclusive Access for Australian but Not PNG Defence Personnel

Historical Context Papua New Guinea (PNG) and Australia’s relationship is deeply rooted in colonialism. From 1906 to 1975, Australia administered PNG as a colonial territory. Initially, Australia took control of

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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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

Steamships Appoints Alan Heyns as New CEO of Pacific Palms Property

Fiji Airways Appoints Paul Scurrah as New Managing Director and CEO

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

Ok Tedi Mining Positions Itself At The Forefront of Emerging Local LNG Market in Papua New Guinea

Revolutionizing Access: Papua New Guinea’s New Digital Platform to Streamline Government Services and Payments

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

Defence Treaty Pulls PNG Back to Colonialism: Exclusive Access for Australian but Not PNG Defence Personnel

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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