PNGX

The Securities Commission of Papua New Guinea has warned the public against investing in unregistered or unrecognised unit trusts and managed investment schemes. PNGX has received a number of enquiries in relation to SSE PNG as a result of its posts on Facebook. PNGX advises that SSE PNG has no relationship with, or to, PNGX. Refer to the attached Securities Commission of Papua New Guinea advertisement. Any questions in relation to SSE PNG or any other investment scheme in Papua New Guinea should be directed to the Securities Commission of Papua New Guinea at ask@scpng.gov.pg.

This is good news for Papua New Guinea. Assistance to help keep PNG off the Grey List is good for investment in PNG https://lnkd.in/gMYG_rQd

PNGX continues to work towards developing the market in #PapuaNewGuinea. One of the key messages coming from the exchange industry is emphasising how important the stock exchange to the development of the national economy and how important it is for government and central banks to work with and support the exchange if companies and the economy are going to grow.

Last week, we looked at how Papua New Guineans can use investment as a strategy to combat inflation. This week, let us explore the role of Papua New Guinea’s national stock exchange, PNGX Markets, in combating inflation. Inflation is a persistent economic challenge that affects countries globally, leading to rising prices and decreased purchasing power. In PNG, where economic stability is crucial for development, PNGX plays a pivotal role in combating inflation and fostering a resilient economy. Please read the article below to know more about the role of PNGX in combating inflation. PNGX recommends discussing your investment objectives and needs with a stockbroker or qualified financial adviser. In PNG, you can either contact JMP Securities (enquiries@jmpmarkets.com) or Kina Bank (wealth@kinabank.com.pg). By following these articles and reading the information available on the PNGX website (www.pngx.com.pg) or following PNGX on LinkedIn or Facebook you can learn more and build your wealth by investing in PNG. #GrowYourWealth #InvestInPNG https://lnkd.in/gkqEspvj

Last week, we looked at how Papua New Guineans can use investment as a strategy to combat inflation. This week, let us explore the role of Papua New Guinea’s national stock exchange, PNGX Markets, in combating inflation. Inflation is a persistent economic challenge that affects countries globally, leading to rising prices and decreased purchasing power. In PNG, where economic stability is crucial for development, PNGX plays a pivotal role in combating inflation and fostering a resilient economy. Please read the article below to know more about the role of PNGX in combating inflation. PNGX recommends discussing your investment objectives and needs with a stockbroker or qualified financial adviser. In PNG, you can either contact JMP Securities (enquiries@jmpmarkets.com) or Kina Bank (wealth@kinabank.com.pg). By following these articles and reading the information available on the PNGX website (www.pngx.com.pg) or following PNGX on LinkedIn or Facebook you can learn more and build your wealth by investing in PNG. #GrowYourWealth #InvestInPNG https://lnkd.in/gkqEspvj

After serving your nation for almost a lifetime as an officer in the military, you'd want a secure future, free from financial hurdles as you live out your retirement. Proper financial planning is crucial for all Papua New Guineans leaning close towards retirement as social security is not provided for retired citizens and the only financial support you'd have after retirement is your hard-earned superannuation. Taking this into consideration, PNGX Markets has taken the initiative to design and deliver financial literacy programs for servicemen who are planning retirement in the coming years. Last week, thirty officers from the Papua New Guinea Defense Force have attended a Financial Literacy Training, furthering their knowledge on savings, budgeting, the Capital Markets and the Stock Exchange in PNG. The training was designed by PNGX and funded by Comrade Trustee Services Limited (CTSL). This was the second of an ongoing program to provide financial literacy training to all armed services members of CTSL. The first training was held in August for thirty-six officers from CTSL. Read more on this on the link provided at the bottom. PNGX has been responsible for running and maintaining the independent operations of the stock market in the country. It provides a link between companies requiring funds and members of the public with savings to invest, while at the same time providing a marketplace for the trading of those shares. As part of reaching out to potential and interested investors, PNGX is developing and conducting trainings such as this to educate people about proper ways to save and invest, as well as the pros and cons of investing in the stock market. This is so that investors make better and informed decisions with their finances. PNGX recommends discussing your investment objectives and needs with a stockbroker or qualified financial adviser. In PNG, you can either contact JMP Securities (enquiries@jmpmarkets.com) or Kina Bank (wealth@kinabank.com.pg). For information on how to access PNGX financial education programs contact us at info@PNGX.com.pg. #GrowYourWealth #Investinpng https://lnkd.in/gtpqmZib

In Papua New Guinea, the absence of government support payments for retirees presents a unique challenge. Unlike many countries where social safety nets provide some level of retirement income, PNG citizens must take full responsibility for their financial future. This makes effective financial planning a necessity for individuals aiming to secure long-term security and comfort in retirement. As PNG’s economy modernizes, traditional systems of wealth and support—such as communal land ownership and community reliance—are becoming less relevant. For many urban dwellers and middle-class workers, financial independence in retirement is now dependent on personal savings, superannuation contributions, and investments. Yet, a significant gap in financial literacy persists, leaving many unprepared to manage the complexities of modern financial planning. PNGX recommends discussing your investment objectives and needs with a stockbroker or qualified financial adviser. In PNG, you can either contact JMP Securities (enquiries@jmpmarkets.com) or Kina Bank (wealth@kinabank.com.pg). By following these articles and reading the information available on the PNGX website (www.pngx.com.pg) or following PNGX on LinkedIn or Facebook you can learn more and build your wealth by investing in PNG. For information on how to access PNGX retirement planning courses contact PNGX at info@PNGX.com.pg. PNGX publishes educational content every Tuesday on Post Courier. Follow the link below to read more on the importance of retirement planning in this week's article on Post Courier. #GrowYourWealth #investinpng https://lnkd.in/g5SYHMdE

Last week we looked at the importance of the stock market in the growth and development of Papua New Guinea’s economy. This week, let us explore the stock market’s role in promoting corporate governance and supporting the regulation of companies’ operations and performance. The stock market is a critical aspect of any economy that seeks to foster sustainable development, accountability, and transparency. In Papua New Guinea, PNGX Markets—the country’s primary stock exchange—plays a crucial role in promoting sound corporate governance practices. As more companies list on the exchange, PNGX serves not only as a platform for capital raising but also as a mechanism for enforcing higher standards of corporate responsibility. This article explores how PNGX is shaping corporate governance in PNG, its significance, and the challenges and opportunities that lie ahead. PNGX recommends discussing your investment objectives and needs with a stockbroker or qualified financial adviser. In PNG, you can either contact JMP Securities (enquiries@jmpmarkets.com) or Kina Bank (wealth@kinabank.com.pg). Read more on how the stock market helps promote corporate governance in the article below. #growyourwealth #investinpng https://lnkd.in/gjP9Duyn

The stock market plays a crucial role in Papua New Guinea’s (PNG) economic development by providing a platform for companies to raise capital, promoting investment, and facilitating wealth creation. As PNG's economy continues to grow and diversify, the stock market offers a means for businesses to expand and for investors to share in this growth. It also enhances financial transparency and corporate governance, helping local enterprises become more competitive. By connecting local investors with domestic companies, the stock market encourages long-term savings and investment, which are vital for sustainable economic progress. Read this week's column (link provided at the bottom) on the importance of the stock market in PNG's economic development. PNGX recommends discussing your investment objectives and needs with a stockbroker or qualified financial adviser. In PNG, you can either contact JMP Securities (enquiries@jmpmarkets.com) or Kina Bank (wealth@kinabank.com.pg). The information in this article is general in nature and you should take care to inform yourself about the specific characteristics of a particular investment before making a decision to invest in it. Past performance is not an indicator of future performance. By following these articles and reading the information available on the PNGX website (www.pngx.com.pg) or following PNGX on LinkedIn or Facebook you can learn more and build your wealth by investing in PNG. #growyourwealth #investinpng https://lnkd.in/giUXe6rx

This week, let us look at a simple but common problem affecting most Papua New Guineans when it comes to finance. One of the most critical and often overlooked aspects of personal financial management in PNG is ensuring that personal contact details—such as phone numbers, addresses, and email addresses—are regularly updated with financial institutions. Whether it's a bank, superannuation fund, or insurance company, keeping this information current is essential to ensuring that individuals remain connected to their funds and avoid the fate of unclaimed or "lost" monies. Please read this week's column on Post Courier and learn about the importance of maintaining updated contact details with financial institutions and the negative consequences most people face by not updating their details. https://lnkd.in/gBVzRaJd