News

BSP denies regulator’s anti-money laundering allegations

14 Jul 2021 by Business Advantage PNG Leave a Comment

BSP Financial Group (BFL) has responded to allegations made by the Bank of Papua New Guinea's Financial Analysis and Supervision Unit (FASU) that it was in breach of the country's anti-money laundering laws. Meanwhile, the Bank of PNG's Governor has distanced the central bank from the allegations made by its own unit.
Read More

In brief: Freeport to acquire assets in Papua New Guinea and other business stories

12 Jul 2021 by Business Advantage PNG 1 Comment

Potential new owner for the Yandera copper project, proposed levy for balsa wood and BSP Financial Group halts trading on the ASX amidst accusations of breaches to anti-money laundering laws. The business news in brief.
Read More

Registrations open for the 2021 Papua New Guinea Investment Conference

7 Jul 2021 by Business Advantage PNG Leave a Comment

Registrations are now officially open for the 2021 Business Advantage Papua New Guinea Investment Conference and the provisional program has been released. The digital conference will take place from 7 to 9 September 2021.
Read More

People moves: Deloitte PNG, Credit Corp, Steamships, Coffee Industry Corporation

7 Jul 2021 by Business Advantage PNG Leave a Comment

Deloitte PNG announces the names of its two new partners, Credit Corp's Chief Risk Officer bids adieu, changes to Steamships board and new board appointed for the Coffee Corporation Industry.
Read More

In brief: More than a billion kina for ‘maritime infrastructure’ and other business stories

7 Jul 2021 by Business Advantage PNG Leave a Comment

PNG Ports announced a K1.1 billion partnership with Australia for maritime infrastructure, Geopacific Resources gets funding for Woodlark Island gold mine and new training program for SMEs. The business news in brief.
Read More

advertisment...

New travel rules in Papua New Guinea place emphasis on vaccination

6 Jul 2021 by Gabriella Munoz 1 Comment

Vaccination against COVID-19 will now be a requirement for many travellers, after stricter new rules were released last week in Papua New Guinea to tackle the more dangerous Delta strain of the virus. Here's a summary of the new requirements.
Read More

World Bank increases support for Papua New Guinea

30 Jun 2021 by Business Advantage PNG 3 Comments

The World Bank has approved US$100 million (K352 million) in concessional funding to support Papua New Guinea in its response to COVID-19, and 'lay important foundations for a sustainable recovery'. The funding will not be without risk, however.
Read More

In brief: PNG Power workers demand clarity and other business stories

30 Jun 2021 by Business Advantage PNG Leave a Comment

PNG Power workers protest lack of consultation and transparency, China delivers 200,000 doses of the Sinopharma vaccine to Papua New Guinea and Kina Asset Management Limited presents its annual report.
Read More

People moves: PNG Power, Credit Corp PNG, PNG Defence Force, Oil Search, Newcrest Mining, Paradise Foods

30 Jun 2021 by Business Advantage PNG Leave a Comment

PNG Power Managing Director resigns, Credit Corporation PNG announces changes to its board, new appointment at PNG Defence Force, changes at Oil Search board, Newcrest Mining welcomes a new Director and Paradise Group CEO steps down.
Read More

In brief: BSP refutes allegations of breaches to anti-money laundering laws and other business stories

23 Jun 2021 by Business Advantage PNG Leave a Comment

BSP Financial Group Limited responds to accusations, Air Niugini temporarily suspends flights to Cairns and Memorandum of Understanding signed to boost green finance initiatives.
Read More

Economic update: Will 2025 be Papua New Guinea’s golden year?

Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary … [Read More...]

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of … [Read More...]

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

In this exclusive interview with Business Advantage PNG, Barrick Gold’s President and Chief Executive Mark Bristow talks about the … [Read More...]

Report from the 2024 Papua New Guinea Investment Conference

This week's 2024 Business Advantage PNG Investment conference saw top speakers from across the business sector and government come … [Read More...]

From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]
Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]

News

BSP denies regulator’s anti-money laundering allegations

In brief: Freeport to acquire assets in Papua New Guinea and other business stories

Registrations open for the 2021 Papua New Guinea Investment Conference

People moves: Deloitte PNG, Credit Corp, Steamships, Coffee Industry Corporation

In brief: More than a billion kina for ‘maritime infrastructure’ and other business stories

New travel rules in Papua New Guinea place emphasis on vaccination

World Bank increases support for Papua New Guinea

In brief: PNG Power workers demand clarity and other business stories

People moves: PNG Power, Credit Corp PNG, PNG Defence Force, Oil Search, Newcrest Mining, Paradise Foods

In brief: BSP refutes allegations of breaches to anti-money laundering laws and other business stories

Editor’s picks

Economic update: Will 2025 be Papua New Guinea’s golden year?

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

Report from the 2024 Papua New Guinea Investment Conference

From the Business Advantage blog

Recent readers’ comments

Sign In

Subscribe

Welcome to PNG’s top-ranked business media.

News

Register to receive our free PNG Business Update emails

Editor’s picks

Recent readers’ comments