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

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1 Apr 2025 by Leave a Comment

Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary of independence. Business Advantage PNG spoke with the country’s top CEOs to learn more about current business conditions.

Filed Under: Economy/Investment, Editor's picks, News Tagged With: , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

New Westside development could be Lae’s “industrial heartland”, says ports CEO

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27 Aug 2024 by Leave a Comment

Port authority PNG Ports Corporation is “re-conceptualising” Papua New Guinea’s ports into business and logistics hubs, beginning with the signature Westside project in Lae. A bullish Chief Executive Neil Papenfus outlines its plans to upgrade ports across the country.

Filed Under: Features, Transport and logistics Tagged With: , , ,

Report from the 2024 Papua New Guinea Investment Conference

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14 Aug 2024 by 1 Comment

This year’s PNG Investment conference saw top speakers from across the business sector and government come together, including Prime Minister James Marape, Kumul Petroleum Holdings MD Wapu Sonk, Air Niugini CEO Gary Seddon, PNG Ports Corporation CEO Neil Papenfus, Bank of PNG Chairman David Toua, and country head of the IMF Sohrab Rafiq.

Filed Under: Editor's picks, News Tagged With: , , ,

People moves: PacTow, PNG Ports, Steamships, PNG Air Ltd

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4 Jun 2024 by Leave a Comment

New manager for PacTow, PNG Ports has new CEO, an intended move for Steamships and a new director of the board for PNG Air Ltd.

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People moves: PNG Institute of Directors, PNG Ports Ltd, City Pharmacy Ltd, Ashurst, BSP and more

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21 May 2024 by Leave a Comment

New CEOs for PNG Institute of Directors and PNG Ports Ltd, key changes at City Pharmacy Ltd, a new board member for BSP and a new partner at Ashurst.

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Papua New Guinea’s ports anticipate lift in freight volumes

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2 May 2024 by Leave a Comment

After a challenging 2023, Papua New Guinea’s port and road transport operators are preparing for a significant recovery in demand this year.

Filed Under: Features, Infrastructure, Transport and logistics Tagged With: , , , ,

More capacity, more efficiency: Papua New Guinea’s ports get a makeover

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1 Apr 2023 by Leave a Comment

Freight volumes into PNG’s two major international ports, Motukea and Lae, were up substantially in 2022. New resources projects and transformative investments look set to drive further expansion.

Filed Under: Features, Infrastructure Tagged With: , , , ,

People moves: PNG Ports, Credit Corporation PNG, Mayur Resources, Kacific

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21 Sep 2022 by Leave a Comment

Acting CEO appointed at PNG Ports, new Chairman for Credit Corporation PNG, Mayur Resources Limited welcomes new Resident Director, and Kacific appoints Managing Director of the Pacific.

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Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference

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24 Aug 2022 by Leave a Comment

Delegates to last week’s 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country’s key economic sectors.

Filed Under: Economy/Investment, Features, Latest news, News Tagged With: , , , , , , , ,

In brief: Papua New Guinea’s foreign exchange reserves up and other business stories

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27 Jan 2022 by Leave a Comment

Head of bank comments on foreign exchange improvement at the end of last year, alluvial mining reserved for Papua New Guineans. and Santos reports record profits. The business news you need today.

Filed Under: In brief, Latest news, News Tagged With: , , , ,
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