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KFM Weekly Investment Update

KFM Weekly Investment Update: Friday, 30 May 2014

May 30, 2014

Local Market Summary • PNG Sustainable Development Program’s long-term fund decreased US$500 million to US$1.3 billion (K2.3 billion) stemming from the government actions. SDP’s financials... Read More

KFM Weekly Investment Update: Friday, 23 May 2014

May 23, 2014

Local Market Summary • Autonomous Bougainville Government President Chief Dr John Momis announced that the re-opening of Panguna mine will largely depend on the wishes... Read More

KFM Weekly Investment Update: Friday, 16 May 2014

May 16, 2014

Local Market Summary • Prime Minister Peter O’Neill has announced that the Government will set up a commission of inquiry to investigate the recent sale... Read More

KFM Weekly Investment Update: Friday, 09 May 2014

May 9, 2014

Local Market Summary • The Governor of the Bank of Papua New Guinea, Loi Bakani issued a warning in the bank’s quarterly economic bulletin for... Read More

KFM Weekly Investment Update: Friday, 02 May 2014

May 2, 2014

Local Market Summary • City Pharmacy Limited (CPL) announced a dividend of 7 toea was declared for the year 2013 to be paid in two... Read More

KFM Weekly Investment Update: Friday, 25 April 2014

April 25, 2014

Local Market Summary • The PNG government is probing the PNG Sustainable Development Programme’s (PNGSDP) recent sale of its timber business- Cloudy Bay Timber. The... Read More

KFM Weekly Investment Update: Thursday, 17 April 2014

April 17, 2014

Local Market Summary • Kina Asset Management Ltd has built on its record profit for 2013 with an investment income of K5.1m representing a return... Read More

KFM Weekly Investment Update: Friday, 11 April 2014

April 11, 2014

Local Market Summary • Sacked Papua New Guinea Treasurer and Kandep MP Don Polye will be asking the courts to declare the K3 billion (US$1.1... Read More

KFM Weekly Investment Update: Friday, 04 April 2014

April 4, 2014

Local Market Summary • InterOil Limited announced operating results for the fourth quarter and full year ended December 31, 2013 showing record revenues of $1,400... Read More

KFM Weekly Investment Update: Friday, 28 March 2014

March 28, 2014

Local Market Summary • The Papua New Guinea Government has already concluded the K3 billion (AUD$ 1.239 billion) loan with the UBS bank to purchase... Read More

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