Features

The eyes in the skies: new satellite technology hits Papua New Guinea

A slew of new satellite technologies promise a future of faster connections and lower prices, especially in Papua New Guinea’s most remote regions. Tony Jordan previews what’s ahead.

Papua New Guinea’s growing middle class driving housing construction

Papua New Guinea’s construction sector as a whole has returned to pre-COVID levels, driven in part by a growth in demand for housing. Business Advantage PNG looks at what’s driving the trend.

Forex, debt and governance: the IMF assesses Papua New Guinea’s progress

A year ago, the International Monetary Fund commenced a program in Papua New Guinea, focused on improving government debt, foreign exchange shortages and governance. Business Advantage PNG sits down with the IMF’s Resident Representative in PNG, Sohrab Rafiq, to discuss progress on these three critical issues.

‘Cautiously optimistic’: BSP CEO sees improved conditions as Papua New Guinea’s resources projects ramp up

How does Papua New Guinea’s largest bank see the outlook for business this year? In this exclusive interview with Business Advantage PNG, BSP Financial Group’s CEO Mark Robinson assesses the trends, risks and opportunities, and how factors such as foreign exchange and a devaluing kina will play a part.

MiBank’s tech solution solves remote banking challenge in Papua New Guinea

How do landowner groups in remote parts of Papua New Guinea conduct their banking without the internet and without a bank branch in sight? Microfinance business MiBank has come up with an award-winning solution.

Latest news

Papua New Guinea faces higher fuel prices as shortages continue

Fuel buyers in Papua New Guinea have been warned to expect higher prices as the government negotiates with global suppliers to end shortages in the local market related to the winding back of Puma Energy’s operations in the country. Meanwhile, short-term solutions are being put in place.

TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead

A final investment decision on the Papua LNG project remains on the agenda for this year. Managing Director of project lead TotalEnergies E&P PNG, Jean-Marc Noiray, walks Business Advantage PNG through the milestones ahead for the US$10 billion-plus gas project.

Read more News

Interviews

Forex, debt and governance: the IMF assesses Papua New Guinea’s progress

A year ago, the International Monetary Fund commenced a program in Papua New Guinea, focused on improving government debt, foreign exchange shortages and governance. Business Advantage PNG sits down with the IMF’s Resident Representative in PNG, Sohrab Rafiq, to discuss progress on these three critical issues.

Read more interviews ...

Economy/investment

Forex, debt and governance: the IMF assesses Papua New Guinea’s progress

A year ago, the International Monetary Fund commenced a program in Papua New Guinea, focused on improving government debt, foreign exchange shortages and governance. Business Advantage PNG sits down with the IMF’s Resident Representative in PNG, Sohrab Rafiq, to discuss progress on these three critical issues.

Read more on this topic ...

Opinion and analysis

Opinion: Is Papua New Guinea’s kina really depreciating?

Amid fears of further declines in the value of Papua New Guinea’s currency, the kina, economists Bobby Kunda and Stephen Howes analyse how the kina has been performing against all its key trading currencies – and come to some surprising conclusions.

Read more opinion/analysis


People moves

People moves: KPMG PNG, CTSL, NARI, FinCorp, Mayur Resources

New Partner at KPMG PNG, CTSL announces new Chair and board, the National Agricultural Research Institute has a new Director-General, new directors at FinCorp, and Mayur Resources’ cement project gets its own CEO.

More People Moves ...

LIfestyle

A cracker of a celebration at Paradise Foods

Paradise Foods has celebrated 90 years in business with the release of a new flavour in its range of crackers.

More PNG lifestyle articles

Latest News

Papua New Guinea faces higher fuel prices as shortages continue

Fuel buyers in Papua New Guinea have been warned to expect higher prices as the government negotiates with global suppliers to end shortages in the local market related to the winding back of Puma Energy’s operations in the country. Meanwhile, short-term solutions are being put in place.

TotalEnergies zeroes in on final barriers to Papua LNG project go-ahead

A final investment decision on the Papua LNG project remains on the agenda for this year. Managing Director of project lead TotalEnergies E&P PNG, Jean-Marc Noiray, walks Business Advantage PNG through the milestones ahead for the US$10 billion-plus gas project.

Features

The eyes in the skies: new satellite technology hits Papua New Guinea

A slew of new satellite technologies promise a future of faster connections and lower prices, especially in Papua New Guinea’s most remote regions. Tony Jordan previews what’s ahead.

Opinion

Opinion: Is Papua New Guinea’s kina really depreciating?

Amid fears of further declines in the value of Papua New Guinea’s currency, the kina, economists Bobby Kunda and Stephen Howes analyse how the kina has been performing against all its key trading currencies – and come to some surprising conclusions.