NEWS & ANALYSIS

Exepreneur

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,

Finance

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 in the lender’s history, as Chief Executive Officer Shayne Elliott

Barrick Gold Corporation CEO Mark Bristow: Photo: Minningmx

Resources

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 of 30 tonnes of gold, valued at approximately $2.4 billion,

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 New Guinea. The company will now operate as Pacific Lime

NEWS & ANALYSIS

Komatsu Australia Buys PNG-Based UMW Limited

Komatsu Australia acquired UMW Niugini Limited, a Papua New Guinea-based distributor, renaming it Komatsu Niugini Limited (KNL). The deal integrates KNL into the Komatsu Group as a fully owned entity.

Finance

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 billion, up 5%. Customer deposits: $697 billion, up 7%. CET1

Leadership

Albanese’s Re-election: Opportunities and Challenges for PNG’s Economy, Geopolitics, and Climate

Anthony Albanese’s re-election as Australia’s Prime Minister ensures continuity in Canberra’s influence over Papua New Guinea (PNG), its closest Pacific neighbor. As PNG’s largest aid donor and trade partner, Australia

Finance

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 country and overseas. While the initiative has merit, prominent leaders,

Leadership

Winnie Kiap Appointed Chair of Commonwealth Foundation: A Historic Milestone for Papua New Guinea and Women in Leadership

Her Excellency Winnie Anna Kiap CBE has been appointed as the new Chair of the Commonwealth Foundation, following approval from Commonwealth Heads of Government last week. Kiap succeeds Dato’ Sudha

Kina Bank Executive General Manager Banking, Lesieli Moala Taviri Appointed as PNG Country Head

Leadership

Exepreneur

Exepreneur

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

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

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

Komatsu Australia Buys PNG-Based UMW Limited

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

Albanese’s Re-election: Opportunities and Challenges for PNG’s Economy, Geopolitics, and Climate

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

Winnie Kiap Appointed Chair of Commonwealth Foundation: A Historic Milestone for Papua New Guinea and Women in Leadership

Kina Bank Executive General Manager Banking, Lesieli Moala Taviri Appointed as PNG Country Head

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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