Port Moresby Stock Exchange is the principal stock exchange of Papua New Guinea. It is located in Port Moresby and it was founded in 1999. Its name is abbreviated to "POMSoX"
At the time of its founding POMSox was funded by the Bank of Papua New Guinea, which is the central bank of Papua New Guinea.
According to POMSoX's website, "POMSoX is closely aligned to the Australian Stock Exchange (ASX). The ASX has licensed to POMSoX its Business and Listing Rules. POMSoX procedures are a mirror image of the ASX."
In July 2019, Port Moresby Stock Exchange was renamed to PNGX Markets Limited.
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Transport in Papua New Guinea is in many cases heavily limited by the mountainous terrain. The capital, Port Moresby, is not linked by road to any of the other major towns and many highland villages can only be reached by light aircraft or on foot.
The economy of Papua New Guinea is largely underdeveloped. It is dominated by the agricultural, forestry, and fishing sector and the minerals and energy extraction sector. The agricultural, forestry, and fishing sector accounts for most of the labour force of Papua New Guinea, while the minerals and energy extraction sector is responsible for most of the export earnings.
Port Moresby, also referred to as Pom City or simply Moresby, is the capital and largest city of Papua New Guinea and the largest city in the South Pacific outside of Australia and New Zealand. It is located on the shores of the Gulf of Papua, on the south-western coast of the Papuan Peninsula of the island of New Guinea. The city emerged as a trade centre in the second half of the 19th century. During World War II it was a prime objective for conquest by the Imperial Japanese forces during 1942–43 as a staging point and air base to cut off Australia from Southeast Asia and the Americas.
The Australian Securities Exchange is Australia's primary securities exchange. It is owned by the Australian Securities Exchange Ltd, or ASX Limited, an Australian public company. Prior to December 2006 it was known as the Australian Stock Exchange, which was formed on 1 April 1987, incorporated under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges. It merged with the Sydney Futures Exchange in 2006.
Singapore Exchange Limited is an investment holding company located in Singapore and provides different services related to securities and derivatives trading and others. SGX is a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges Federation.
Malayan Banking Berhad is a Malaysian universal bank, with key operating "home markets" of Malaysia, Singapore, Philippines and Indonesia. According to the Brand Finance report, Maybank is Malaysia's most valuable bank brand, the fifth top brand in Asean and ranked 83rd in the world’s most valuable bank brands.
Tourism in Papua New Guinea is a fledgling industry but there are attractions for the potential visitor which include culture, markets, festivals, diving, surfing, hiking, fishing and the unique flora and fauna. Papua New Guinea receives an increasing number of visitors each year, with approximately 184,000 international arrivals in 2015.
The Bank of Papua New Guinea is the central bank of Papua New Guinea. Its main function is to issue currency and to act as the banker and financial agent to the Government. It is also in charge of regulating banking and other financial services and manages the gold, foreign exchange and any other international reserves of Papua New Guinea. Mr Loi Martin Bakani is the current governor of the bank.
National Stock Exchange of Australia (NSX) is a stock exchange based in Sydney, Australia. It is owned and operated by NSX Limited, which is listed on the Australian Securities Exchange on 13 January 2005. On 20 December 2006 the Newcastle Stock Exchange formally sought approval and was granted a change of name by the minister to National Stock Exchange of Australia and still trades by the acronym of "NSX".
Oil Search Limited is the largest oil and gas exploration and development company incorporated in Papua New Guinea, which operates all of Papua New Guinea's oilfields. Founded in 1929, it is now one of Papua New Guinea's largest companies, and in 2006 was responsible for 13% of Papua New Guinea's gross domestic product. It is publicly listed on the Port Moresby and Australian Stock Exchanges, and is included in the S&P/ASX 50. It has a market capitalization of around US$12 billion. A 17.6% interest in the company is held by the government of Papua New Guinea, and for 2006 gave the state PGK24 million (US$8 million) as its dividend. The company also operates areas in Yemen, Egypt, Libya, and the Kurdistan region of Iraq. In May 2014, Exxon Mobil Corporation shipped the first cargo of liquefied natural gas (LNG) from the US$19 billion PNG LNG Project, in which Oil Search owns a 29% interest.
This page is a list of local-level governments (LLGs) of Papua New Guinea. There are 326 LLGs comprising 6,112 wards as of 2018.
Bank South Pacific is the largest bank in Papua New Guinea, with 35 branches throughout the country and in 6 countries. BSP currently services over 650,000 business banking customers throughout the Pacific. As at 31 December 2014, BSP had total assets valued at K15.8 billion. Bank South Pacific is listed on the Port Moresby Stock Exchange.
Prior to its acquisition by Exxon, InterOil Corporation was a fossil fuel company with a primary focus on Papua New Guinea. InterOil's assets included one of Asia's largest undeveloped gas fields, Elk-Antelope, in the Gulf Province. The company employed more than 2000 staff and contractors. Its main offices were in Singapore and Port Moresby. InterOil was formed in 1997 and was incorporated in Canada. The company was listed on the New York Stock Exchange and the Port Moresby Stock Exchange. It had a market capitalization of $2.8 billion.
The following outline is provided as an overview of and topical guide to Papua New Guinea:
Cricket PNG, originally founded as the Papua New Guinea Cricket Board of Control, is the official governing body of the sport of cricket in Papua New Guinea. Its current headquarters is in Port Moresby. Cricket PNG was founded in 1972 and was elected an Associate Member of the International Cricket Council on 24 July 1973. It is also a Member of the East Asia-Pacific Cricket Council.
Papua New Guinea–Philippines relations refers to the bilateral relations of Papua New Guinea and the Philippines. Papua New Guinea has an embassy in Manila and the Philippines has an embassy in Port Moresby, which is also accredited to the Solomon Islands, Vanuatu and Fiji.
The St. Mary's Cathedral is a religious building that is affiliated with the Catholic Church and is located in the city of Port Moresby, capital of Papua New Guinea,].
University Inter, founded as ANZ University and formerly known also as ICF University, and, simply, University, is the oldest known semi-professional club association football club in Papua New Guinea, founded in 1969. It is the football club on the campus of the University of Papua New Guinea, based in Port Moresby.