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Bank of Papua New Guinea issues new directive on forex order priorities

19 Nov 2024 by 4 Comments
Authorised foreign exchange dealers must fully clear essential trade and services orders before executing any orders for non-essential items such as dividends, under a new directive issued by Papua New Guinea’s central bank. Business Advantage PNG finds out what this means for businesses.
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Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

25 Sep 2024 by 1 Comment
In this exclusive interview, Barrick Gold’s President and Chief Executive Mark Bristow talks about the deal he made to restart the Porgera gold mine, the road to returning it to full production, and why addressing law and order is critical.
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‘Massive opportunity’ for private power producers in Papua New Guinea

24 Sep 2024 by Leave a Comment
Independent power producers are playing a key role in helping PNG move towards its ambitious electrification goals. But their viability will be in question until a dispute over payments is resolved.
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Paga Hill aiming to bring slice of global cruise market to Papua New Guinea

10 Sep 2024 by Leave a Comment
The Paga Hill Estate site is underway, with aims to attract cruise traffic and change how people experience Port Moresby. Gudmundur Fridriksson, Chairman, Paga Hill Development Company, tells us how he plans to make waves in PNG’s tourism sector.
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