Business Advantage PNG

Papua New Guinea’s ports anticipate lift in freight volumes

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

A closer look at Papua New Guinea’s new international airport, Nadzab Tomodachi

The major redevelopment of the airport that serves PNG’s second city, Lae, means the country now has a second airport – Nadzab Tomodachi – capable of welcoming international flights. Business Advantage PNG visits the new facility.

Photo of the outside of Lae Tomodachi International Airport, Papua New Guinea

Papua New Guinea’s banks embrace a digital future

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.

Economic update: Papua New Guinea’s decade of growth begins

As part of extensive in-country research for the newly-released 2024 edition of the Business Advantage PNG annual magazine, our editorial team spoke exclusively to dozens of Papua New Guinea business leaders to understand how they are preparing for imminent growth – and what challenges they face. Here’s what they told us.

Air Niugini CEOs reveal how Papua New Guinea’s national airline responded to the COVID-19 crisis

Air Niugini CEOs past and present reflect on the trials and tribulations of Papua New Guinea’s national airline, during the COVID-19 pandemic and how it has prevailed since. Peter Wilmoth reports.

International lenders: Papua New Guinea economy to accelerate but reforms needed

Despite positive growth forecasts for PNG from key lenders, the Asian Development Bank and World Bank, there are warnings that energy reforms are urgently needed to improve economic prospects. We take a closer look at the numbers.

Papua New Guinea’s proposed National Gold Corporation Bill opposed by industry

PNG CORE has come out with serious objections to the government’s proposed National Gold Corporation Bill. We take a closer look at the legislation and what it could mean for the country’s second most valuable export.