NEWS & ANALYSIS

Exepreneur

Sandra Fore, Head One Of BSPs Offshore Branch, Papua New Guinea

Leadership

Sandra Fore Becomes The First Papua New Woman Appointed To Head One Of BSPs Offshore Branch

The BSP Financial Group Limited has risen up to the challenge by appointing a female Papua New Guinea to lead BSP Solomon Islands after the Honiara incident whereby BSP Ranadi was burnt

Chris Daniells Managing Director for Steamships, Papua New Guinea

Leadership

Chris Daniells Appointed as Managing Director to Drive Steamships’ Legacy

Steamships Trading Company Ltd. (Steamships) has been a stalwart in Papua New Guinea’s (PNG) business landscape for over a century, playing a pivotal role in the country’s economic development. Established

Greg Pawson, Managing Director and CEO of Kina Securities Limited: Papua New Guinea. Photo by Kina Bank

Finance

Kina Securities Reports Fraud with Losses Expected to Reach K12-K15 Million

Kina Securities Limited (KSL) has reported a customer fraud incident that is expected to cost an aggregate loss in the range of K12 to K15 million (on a pre-tax basis).

Geopolitics

India in Pacific: How India Is Expanding Its Footprints into Smaller Pacific Island Economies

India’s relationship with the Pacific Island Countries (PICs) has a long history, dating back to the colonial era. During the 19th and early 20th centuries, India was a major source

Kina Bank ChairmanIsikeli Taureka (left) and CEO Greg Pawson (Right)

Finance

Kina Bank Reports K175. 5 Million Net Profit Before Tax for 2023

Kina Securities Limited (KSL) has reported a net profit before tax of PGK175.5 million for the 2023 financial year, representing an increase of almost 20%. This substantial increase indicates the

Finance

Fiji Development Bank(FDB) Recorded a Net Profit of $3.83 Million in 2023

The Fiji Development Bank(FDB) recorded a net profit of $3.83 million in 2023, according to its annual report that was tabled in Parliament. The result reflects the bank’s strong commitment to

US President Joe Biden. Image: New York Post

Geopolitics

EATEN BY CANNIBALS: US President Joe Biden Falsely Claims His Uncle Was Eaten by Cannibals in PNG During WWII

US President Joe Biden claims that his uncle, 2nd Lieutenant Ambrose J Finnegan was eaten by ‘cannibals’ in Papua New Guinea (PNG) during World War 2. MSNBC reported that Mr.

PNG Gets Ready for China Ready Workshop. Image Credit: Office of NCD Governor, Powes Parkop

Finance

PNG Targets Billion-Dollar Chinese Tourism Market

Tourism industry across the Pacific island economies are experiencing a rebound with Asian Development Bank (ADB) giving a cautious outlook due to rising inflation and risk of disasters. Fiji, apart

Finance

Australia Has Been Criticized for Declining Foreign Aid. But Is It Really Their (Australia) Problem?

A new report by SBS Australia projects a stark future for global poverty, with an estimated 575 million people expected to be living in extreme poverty by the end of

Technology

SECURE ONLINE PAYMENTS. Kina Bank Partners with SNS Tech to Provide Secure Payment Options for PNG Businesses

Businesses in Papua New Guinea (PNG) can now accept secure online payments Financial technology (fintech) sector is rapidly developing in the Pacific region, offering new solutions to streamline financial operations

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…

Exepreneur

Exepreneur

Sandra Fore Becomes The First Papua New Woman Appointed To Head One Of BSPs Offshore Branch

Chris Daniells Appointed as Managing Director to Drive Steamships’ Legacy

Kina Securities Reports Fraud with Losses Expected to Reach K12-K15 Million

India in Pacific: How India Is Expanding Its Footprints into Smaller Pacific Island Economies

Kina Bank Reports K175. 5 Million Net Profit Before Tax for 2023

Fiji Development Bank(FDB) Recorded a Net Profit of $3.83 Million in 2023

EATEN BY CANNIBALS: US President Joe Biden Falsely Claims His Uncle Was Eaten by Cannibals in PNG During WWII

PNG Targets Billion-Dollar Chinese Tourism Market

Australia Has Been Criticized for Declining Foreign Aid. But Is It Really Their (Australia) Problem?

SECURE ONLINE PAYMENTS. Kina Bank Partners with SNS Tech to Provide Secure Payment Options for PNG Businesses

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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