Read the latest news from regional and global sources, presenting different voices and perspectives.
ExxonMobil Is One of the Largest Energy Companies by Market Cap. But Is It a Buy?
myMotherLode - California
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June 29, 2025
ExxonMobil (XOM -0.56%) is one of the oldest and most iconic companies in American financial history. It's also gigantic. With a current market cap of nearly $500 billion, ExxonMobil is the 17th-largest American company overall, and the largest...
Business leaders tapped for PNG NRL franchise board, eyeing long-term sustainability
Papua New Guinea Post Courier
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June 24, 2025
The Papua New Guinea 2028 NRL Franchise has unveiled its inaugural board, signaling a strong focus on robust governance and financial acumen. Announced today by Prime Minister James Marape in conjunction with the Australian Rugby League Commission...
Rosso removes more foreign nationals for permit breaches
Papua New Guinea Post Courier
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July 9, 2025
A FURTHER thirty-seven foreign nationals have been removed from Papua New Guinea this month as the National Government steps up its efforts to ensure compliance with visa and work permit conditions, said Deputy Prime Minister John Rosso. Mr Rosso,...
Chamber urges locals to participate in resource, energy sector
The National
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AS Papua New Guinea’s resource and energy sector continues to grow, the need for strong, capable local suppliers has never been more critical, according to the PNG Chamber of Resources and Energy. Chamber president Anthony Smaré said that with...
Flanking tactics
Business World
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July 9, 2025
Don’t look now, but if we’re not careful, we could find ourselves legally outflanked over the West Philippine Sea. In a move widely reported abroad on May 30 but which merited just minor, bottom-page treatment in the “World” pages of two local...
Business InsightsWhy Adnoc's offer to acquire Santos marks a big leap
The National News
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It would be the largest acquisition of an upstream international oil and gas company by a state-owned one. Adnoc’s $18.7 billion bid for Australia’s Santos, in partnership with private equity giant Carlyle and Abu Dhabi’s holding company ADQ, is a...
Finance Dept launches new website, management system
The National
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THE Finance Department has launched its new website, a document management system and learning management system to help drive this important state department to embrace technology. Finance Minister Thomas Opa said during the launching in Port...
Namibia Honours PM Modi: Here's A Full List Of His 27 International Awards
News18
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July 9, 2025
Last Updated:July 09, 2025, 19:53 IST PM Modi received Namibia's highest civilian award during his visit, marking his 27th international honor since 2014 Prime Minister Narendra Modi being conferred with Namibia's highest civilian award, 'Order of...
FINANCE DEPARTMENT GOES DIGITAL
PNG Haus Bung
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June 22, 2025
The Department of Finance just recently launched its three new digital systems that will further enhance its service to the people of Papua New Guinea (PNG) as the country marks is 50th Independence Anniversary. The new systems are the official...
World Bank: Conflict, instability driving extreme poverty in Nigeria and 38 other economies
Nairametrics
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June 27, 2025
The World Bank has raised alarm over the growing impact of conflict and instability on 39 developing economies, including Nigeria, warning that these states are being left behind on key development indicators, with extreme poverty, hunger, and...
PNG economy size just K126.9bil: Maru
The National
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PAPUA New Guinea, despite having so much natural resource endowments, has a small economic size compared to other countries a third of its size with bigger economic value, it has been revealed. International Trade and Investment Minister Richard...
Eat Pacific Cookbook wins Global Award
Samoa News
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July 9, 2025
LISBON, Portugal — In a celebration of Pacific food, identity, and culture, the Pacific Island Food Revolution cookbook, Eat Pacific, has been awarded the Best South Pacific Book in the World 2024 at the prestigious Gourmand World Cookbook Awards...
BSP Group is Diamond Sponsor to Australia-PNG business forum
Papua New Guinea Post Courier
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June 27, 2025
BSP Financial Group Limited (BSP) has reaffirmed its commitment to regional economic partnerships as a Diamond Sponsor of the 40th Australia–Papua New Guinea Business Forum and Trade Expo, contributing K40,000 to support the event’s Gala Dinner...
PM Modi now has 27 global awards after Namibia's top honour: Full list
Asianet Newsable
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July 9, 2025
These awards recognize PM Modi's leadership and contributions to international relations. Other nations bestowing top honors include the US, France, Russia, and several African, Caribbean, and Middle Eastern countries.New Delhi: Indian Prime...
PNG Ports pushes to make Lae Industrial Park the nation’s economic powerhouse
NBC PNG
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Aerial view of Lae Industrial Part (Image: NBC News) PNG Ports Corporation is spearheading efforts to transform Lae into the economic heart of Papua New Guinea through the development of a state-of-the-art Industrial Park. Lae Port which is the...
British firm Glencore selling PASAR to Villar family, says Bloomberg
Rappler
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July 9, 2025
The formerly government-owned Philippine Associated Smelting and Refining Corporation in Isabel, Leyte was placed on 'care and maintenance' early this year. The Villar camp declines to comment on the reported acquisition. MANILA, Philippines –...
ACT NOW! says PM’s ban on new forest licenses won’t stop illegal logging
Papua New Guinea Post Courier
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July 8, 2025
The Prime Minister’s promise to stop issuing new forestry licences will do nothing to prevent illegal logging from destroying Papua New Guinea’s tropical forests, says community advocacy organization ACT NOW! Addressing the recent meeting of the...
Forest connectivity key to preserving PNG’s spectacular rainforest birds: Study
Mongabay
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July 8, 2025
Papua New Guinea is a global hotspot of avian biodiversity, home to spectacular and behaviorally complex bird species that occur nowhere else on the planet. A new study shows that forest fragmentation reduces unique forest-specialist birds, but...
Trend Micro invests in Pacific as regional cybersecurity surges
SecurityBrief
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July 9, 2025
Trend Micro is increasing its investment in the Pacific Islands after reporting 150% growth in the region during the last three years. The company's enhanced commitment follows its inaugural World Tour event in Suva, Fiji, where senior government...
Aust official highlights importance of PNG trade
The National
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PAPUA New Guinea is one of Australia’s most important trade and investment partners in the region, with more than 4,000 Australian companies exporting to PNG. This was according to the Australian minister for Pacific Island affairs, Pat Conroy,...