Papua New Guinea
PNGX Group
PCMD is the majority shareholder in PNGX Group Limited.
PNGX Group is the owner and operator of PNGX Markets, the national stock exchange of Papua New Guinea.
www.pngx.com.pg
+61 (02) 88757718
We're passionate about South Pacific capital
Improved access to capital will drive development in the South Pacific
Improved access to capital is crucial for the development of the South Pacific region, spanning from small and medium enterprises (SMEs) to large corporations. This access serves as the lifeblood of economic growth, fostering innovation, job creation, and overall prosperity.
For SMEs, enhanced capital availability empowers entrepreneurs to transform ideas into viable businesses. This, in turn, drives local employment, nurtures grassroots industries, and contributes to poverty alleviation. SMEs are often at the forefront of innovation, and with improved access to capital, they can invest in research and development, introducing new products and services that enhance regional competitiveness.
On a larger scale, access to capital for corporations facilitates infrastructure development, technological advancements, and the expansion of industries. This creates a more robust and diversified economy, lessening dependency on specific sectors. Furthermore, capital infusion allows companies to adopt sustainable practices, promoting environmental stewardship in the region.
In the context of the South Pacific, where geographical challenges and limited resources can impede growth, improved access to capital becomes a catalyst for overcoming barriers. It strengthens the resilience of businesses against external shocks and facilitates regional integration by fostering collaboration and trade. Ultimately, a well-supported business environment, from SMEs to large corporations, is fundamental to the sustainable and inclusive development of the South Pacific region.
Our passion is reflected in our businesses - development and catalyst!
Our Pacific Presence
Fiji
SPX
PCMD is a shareholder in South Pacific Stock Exchange Pte Limited.
SPX Group is the operator of the national stock exchange of Fiji.
ww.spx.com.fj
About Us
The Principals of Pacific Capital Markets Development are David Lawrence and Frank Dunphy. Each has over 35 years of experience in the operation of regional markets, stockbroking, funds management and financial services compliance.
David Lawrence
David Lawrence has over 30 years of experience in the development, operation, supervision and governance of markets.
Mr Lawrence has consulted on financial markets in the region, including China, Papua New Guinea and Australia. He previously held senior roles in market supervision and business development at ASX for more than 20 years. He was subsequently Chief Operating Officer of the Sydney Stock Exchange responsible for operationalising the relaunch of that market and, following go-live, the oversight of market supervision.
David Lawrence is the Chairman of PNGX Group and a director of SPX. He is an independent non-executive director of Speech Pathology Australia, the national peak body for the speech pathology profession, and an independent non-executive director of Limelight Group, an arts travel and media group.
Mr Lawrence was President of the Australian Compliance Institute, the Australian peak body for compliance professionals, for 8 years
Frank Dunphy
Frank Dunphy has a strong background of compliance and business planning within the financial services and media industries. He is a specialist with more than 25 years’ experience in stockbroking, funds management and the operation of stock exchanges. He was previously Managing Director of the Bendigo Stock Exchange and Chairman of the Port Moresby Stock Exchange. Frank is a founding shareholder of the WTFN Group, leaders in media production and distribution.
Frank is a Director of PNGX Group and the WTFN Group.