Finance
-
Why hosting APEC will transform Papua New Guinea
The APEC meeting in 2018 in Port Moresby will be a major boost for Papua New Guinea, David Toua, President…
Read More » -
Shell CEO urges switch to clean energy as plans hefty renewable spending
HOUSTON (Reuters) – The oil and gas industry risks losing public support if progress is not made in the transition…
Read More » -
Deutsche Bank to raise 8 billion euros, plans major reorganization
By Arno Schuetze FRANKFURT (Reuters) – Deutsche Bank plans to raise capital, list its asset management business and overhaul its…
Read More » -
Members of Nambawan Super to enjoy 9% Interest on their savings
Board Chairman, Anthony Smare, said the board was happy to make this announcement of increased profit, despite the challenging economic…
Read More » -
Opinion: What Papua New Guinea taught me about doing business
Now a Chief Financial Officer based in the UK, Aarish Shah occupied senior executive roles in Papua New Guinea for…
Read More » -
NASFUND Announces 2016 Financial Year Results, Revealing Strong Performance
Despite tough economic conditions in 2016, a major superannuation provider has managed to achieve solid financial results. On Thursday, NASFUND…
Read More » -
Wall Street challenges U.S. regulator over proposed commodities rule
By Olivia Oran (Reuters) – Wall Street is pushing back against a proposed rule to force U.S. banks like Goldman…
Read More » -
InterOil shareholders approve revised takeover proposal
InterOil shareholders have overwhelmingly approved a revised takeover bid from ExxonMobil, despite opposition from InterOil founder, Phil Mulacek. In a…
Read More » -
Asian stocks at 1-1/2 year highs on robust Wall Street; dollar retreats
HONG KONG (Reuters) – Asian stocks edged up to fresh 19-month highs on Thursday, helped by an extended rally on…
Read More » -
What the IMF says will solve PNG’s problems
An IMF report on Papua New Guinea has suggested that the Government has responded to pressures on the budget and…
Read More »