National Executive Council reshuffle, a new Chief Executives for PNG Power and Westpac PNG, OTML Chairman resigns, a new COO for PNG Ports and a reappointment at the Department of ICT.
People moves: Ministerial changes, Ok Tedi Mining Limited, Westpac PNG, PNG Ports Corporation, PNG Power Ltd, Department of ICT
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8 Apr 2025 by 1 Comment
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.
The 2025 PNG 100 CEO Survey: the results
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19 Mar 2025 by Leave a Comment
Since 2012, the data collected by the PNG 100 CEO Survey has revealed trends in business confidence among Papua New Guinea business leaders. So, how confident are businesses in 2025?
What does the 2025 PNG 100 CEO Survey tell us?
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19 Mar 2025 by Leave a Comment
This year’s PNG 100 CEO Survey reveals a positive shift in sentiment among Papua New Guinea business leaders, although longstanding impediments remain. Justin Smirk, Westpac Senior Economist, provides his analysis of this year’s survey results.
Editorial: How is business confidence in Papua New Guinea leading into 2025?
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4 Dec 2024 by Leave a Comment
The past year has been a challenging one for Papua New Guinea’s major businesses but, as we are learning from our own conversations with them, they are nevertheless proving remarkably resilient. Now, all eyes are again focused on the next wave of resources investments.
Papua New Guinea banks report substantial fall in forex waiting times
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15 Aug 2024 by 2 Comments
Waiting times on foreign exchange orders have been falling substantially on central bank interventions and other factors, senior representatives of BSP Financial Group, Kina Bank and Westpac Papua New Guinea reveal to Business Advantage PNG.
Breaking new ground: Tuhava Town shows the way for land use in Papua New Guinea
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2 Jul 2024 by 2 Comments
The ambitious housing development from Rhodes PNG Limited is a “first of its kind” land-use model that aims to deliver affordable housing to the country’s rising middle class.
Papua New Guinea’s banks embrace a digital future
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18 Apr 2024 by 1 Comment
Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, where about 75 per cent of the population remain unbanked. Business Advantage PNG talks to the key players find out what’s coming.
What does the 2024 PNG 100 CEO Survey tell us? [analysis]
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21 Mar 2024 by Leave a Comment
While business confidence is largely sustained in this year’s PNG 100 CEO Survey, there are rising concerns about several business impediments. Westpac Senior Economist Justin Smirk provides his analysis of this year’s survey results.
Papua New Guinea’s currency flagged to continue ‘gentle’ fall
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5 Jul 2023 by Leave a Comment
The Papua New Guinea kina is starting to experience a very gradual erosion against its key trading currency, the US dollar.
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