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- Indexed articles, last 90 days
- 19
- Latest publication
- Oct 1, 2026
- Outlet visibility, for Thenational
- Top 500K sites
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- Jul 7, 2026
Latest articles
Illicit funds worry central bank boss | The National (opens the original)
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ILLICIT funds move through banks, money remitters and foreign exchange dealers, real estate and services provided by lawyers, accountants and company service providers, according to the Bank of Papua New Guinea (BPNG). Governor and national coordinating committee co-chairman Elizabeth Genia said “identifying these risks is not to be confused with blaming these sectors for grey-listing”. “They are essential components of our financial system and I recognise the work they do to apply our laws and
New financial institutions issued service licences | The National (opens the original)
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THE Bank of Papua New Guinea (BPNG) yesterday issued financial service licences to locally-owned DealCorp Finance Limited and PayItNow PNG Limited to conduct financial operations in the country. Deal Corp Finance Ltd is licensed as a financial institution under the Banks and Financial Institution Act 2000 to provide loans andother financial services to individuals and businesses across the country. PayItNow PNG Limited is a payment service provider under the National Payment System Act 2013, pro
Mine should be included in bankâs outlook: Official | The National (opens the original)
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THE Bank of Papua New Guinea (BPNG) should include the Panguna copper mine in Bougainville in its economic outlook to give a clearer forecast of how foreign exchange inflows can boost reserves, an official says. PNG-India business council president Mahadevan Shankar said that it would be important for the PNG economy to know how BPNGâs foreign exchange reserves forecasts were computed, and whether âthis very large project of Panguna mine reopening with export revenuesâ were included in BPN
Board told to undertake cost-cutting measures | The National (opens the original)
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THE new PNG Power Limited board has been told to undertake cost-cutting measures, especially on human resources cost which is one of the highest among State-owned agencies, says the minister responsible for PNG Power Richard Maru. Maru said: “Cost cutting is something the board needs to look at. “The management and staff who do not perform must go. “I am told that PNG Power has the highest human resource cost. We need to trim that. “The culture of the past 50 years must stop. PNG Power must make
PNG can sell gold to India: Official | The National (opens the original)
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INDIA has a potential market for gold from Papua New Guinea, says PNG-India Business Council president Mahadevan Shankar. “In 2014, a (chief executive officer) of the biggest refinery in India offered to import gold from PNG but nothing eventuated since,” he said. Shankar said India imported between 700 and 800 metric tonnes of gold a year but there is no PNG-India gold export pipeline. He said that PNG produced around 75 metric tonnes of gold but did not export to India. He said that a househol
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