State-owned National Banking Corporation (NBC) secured a commercial banking licence in December 2024. In this exclusive interview, Chairman Darrell Seeto shares his plans to get the bank to profitability and a listing on Papua New Guinea’s stock exchange.
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.
Papua New Guinea’s new, modern Income Tax Bill 2025 was passed by Parliament on 20 March, although it is yet to be certified into law. Karen McEntee, Partner, Business & Tax Advisory in KPMG’s PNG office, analyses the key reforms.
Sarimu Kanu, Managing Director at Kumul Minerals Holdings, speaks with Business Advantage PNG about negotiations over the Wafi-Golpu copper-gold project, the latest developments at the Porgera and Ok Tedi mines, and plans to consolidate stranded gold assets.
The National Kenu and Kundu Festival has returned, and traditional PNG sailing practices are being revived thanks to two brothers who have started a canoe school. Alley Pascoe reports.
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 winners of Papua New Guinea’s major awards for innovation were announced at a special Gala Dinner on 27 March, on the eve of the 2025 Innovation PNG Conference and Expo at the Stanley Hotel, Port Moresby.
This year, Mineral Resources Development Company (MRDC) will mark 50 years as the manager of the benefits paid to landowners and provinces from Papua New Guinea’s resources projects. In this exclusive interview with Business Advantage PNG, Managing Director Augustine Mano provides an update on the flagship Star Mountain Plaza project and other investment plans.
New executive director for CPL Group, new board member for Credit Corporation (PNG) Limited.
Herbert Maguma, Managing Partner at Deloitte PNG, speaks with Business Advantage PNG about how investments in digital channels and AI are reshaping Papua New Guinea’s financial services sector. He also goes into detail about the likely impact of a financial greylisting on the PNG economy.