Papua New Guinea’s 2026 National Budget, delivered last week, outlines record government spending, while keeping PNG on track to achieve a budget surplus by 2027. It also shifts the narrative “towards opportunity”, as one expert notes, with investments in key development priorities. We take a closer look at the implications for business.
Posts by Business Advantage PNG
Papua New Guinea’s National Banking Corporation received its commercial banking licence at the end of 2024. In this exclusive interview, CEO Paul Thornton outlines its plans to build its capital base and grow in an increasingly competitive banking market.
Gavin Wendt, Founding Director and Senior Resource Analyst for MineLife, discusses the positive outlook for Papua New Guinea’s two key export metals, copper and gold.
Sarimu Kanu, Managing Director of Kumul Minerals Holdings (KMHL), sits down for an exclusive interview with Andrew Wilkins, in which he discusses Porgera, Ok Tedi and KMHL’s plans around acquisitions, stranded resources and the building of a gold refinery in PNG.
On the eve of his departure from Papua New Guinea, the International Monetary Fund’s Resident Representative to the country, Sohrab Rafiq, reviews the impact of the IMF’s program in PNG with Andrew Wilkins.
The highly anticipated Papua LNG project is expected to reach a final investment decision in early 2026. This week, senior representatives of project lead TotalEnergies and the PNG government signalled that an FID is drawing closer.
PEC 2025 promises opportunities for knowledge-sharing, networking and collaboration in one of the region’s most dynamic energy markets. We preview the event taking place in Port Moresby on 8 and 9 October.
ICTSI South Pacific operates the international shipping terminals at Lae and Port Moresby (Motukea). In this interview with Nadav Shemer Shlezinger, CEO Robert Maxwell shares how it is investing for PNG’s resources pipeline and anticipated economic growth.
Saul Kavonic, Head of Energy Research at MST Financial, provides his outlook for the global LNG market and shares why Papua New Guinea is such a critical part of global supply, in this recorded interview with Business Advantage PNG.
With Papua New Guinea celebrating 50 years since Independence, Chris Daniells, Managing Director of one of the country’s largest and longest-established conglomerates, Steamships Trading Company, reflects on the company’s past, present and future.