Business Advantage PNG

PNG DataCo’s ambitious roadmap for the internet in Papua New Guinea

As telecommunications connectivity reaches 80 per cent of Papua New Guinea’s population, Business Advantage PNG looks at how the country’s telecommunications wholesaler, PNG DataCo, is working to encourage greater adoption of the internet by business and consumers.

Four questions with Swire Shipping’s Randy Selvaratnam

Randy Selvaratnam became Chief Commercial Officer for Singapore-based regional logistics provider, Swire Shipping, in June 2024. In this interview, he speaks about the prospects for growth in shipping volumes in and out of PNG, rising freight costs and the move to sustainable biofuels.

New banks in Papua New Guinea to ‘change the game’

Credit Corporation was one of two financial institutions to receive PNG commercial banking licences this month, with more new banks planned. Credit Corp’s Chief Executive Danny Robinson outlines his bank’s digital-first approach, while the IFC’s Kevin Gani explains the path forward for other prospective banks.

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

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.

George Constantinou on building, construction and hospitality in Papua New Guinea [video]

George Constantinou, third-generation CEO of the Constantinou Group, went through the family album to review his company’s past, present and future at this week’s 2024 Business Advantage PNG Investment Conference. Watch his fireside chat with BAI’s Andrew Wilkins.

Paga Hill aiming to bring slice of global cruise market to Papua New Guinea

By Paul Chai

The Paga Hill Estate site is underway, with aims to attract cruise traffic and change how people experience Port Moresby. Gudmundur Fridriksson, Chairman, Paga Hill Development Company, tells us how he plans to make waves in PNG’s tourism sector.

Papua New Guinea banks report substantial fall in forex waiting times

By Nadav Shemer Shlezinger

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.

Four questions with Swire Shipping’s Randy Selvaratnam

By Nadav Shemer Shlezinger

Wapu Sonk on Papua LNG – timelines, impacts, and reforms that could benefit industry [video]

By Business Advantage PNG

Wapu Sonk, Managing Director of Papua New Guinea’s state-owned oil and gas company Kumul Petroleum Holdings Limited, spoke about the way forward with the TotalEnergies-led Papua LNG project and the “unexpected blessings” its delay could bring at this month’s 2024 Business Advantage PNG Investment Conference. Watch his exclusive fireside chat.