Papua New Guinea’s Mineral Resources Development Company is one of the country’s largest institutional investors, with more than K12 billion in assets under management. Its Chief Investment Officer and Deputy CEO John Tuaim revealed five areas where more investment is needed at this month’s 2025 Business Advantage PNG Investment Conference.
Papua New Guinea’s top five areas for investment, according to the MRDC’s Chief Investment Officer
Welcome,
PNG Power CEO reveals seven critical turnaround projects
Welcome,
Following on from his recent interview with Business Advantage PNG, new PNG Power Limited CEO Paul Bayly expanded on the utility’s turnaround plan at the 2025 Business Advantage PNG Investment Conference. In his speech, he shared a list of near-term projects which would assist with the turnaround and include “opportunities for would-be investors”.
People Moves: K92 Mining, Kumul Petroleum, ANZ PNG, Kina Bank
Welcome,
Promotions at K92 Mining, new Executive General Manager at Kumul Petroleum, new Country Head for ANZ PNG, and board changes at Kina Bank.
People Moves: Westpac PNG, UPNG, Great Pacific Gold
Welcome,
Two big appointments for Westpac PNG, new Vice-Chancellor for the University of Papua New Guinea, new CFO for Great Pacific Gold.
People Moves: Kumul Petroleum Holdings Limited (KPHL), Westpac PNG
Welcome,
New chairman for KPHL, new board members for Westpac PNG.
Mobile wallets making moves in Papua New Guinea
Welcome,
As more institutions are considering ways to connect to the unbanked population of Papua New Guinea, mobile wallets are emerging as a potential game changer for the sector. Charlotte Armstrong examines the key players in PNG’s mobile money market.
People Moves: BSP Financial Group, Nambawan Super, PNGEITI, Twinza, PNG NRL Board, Harmony Gold
Welcome,
New Senior Manager Workforce Planning at BSP, new Chairman at Nambawan Super, new Executive Director of the Papua New Guinea Extractive Industries Transparency Initiative (PNGEITI), new CEO for Twinza, Board for the NRL franchise announced, and more.
Female innovation looking bright in Papua New Guinea
Welcome,
This year’s Innovation PNG Awards featured a new category: for female innovators. The award was shared by two women, who speak to Business Advantage PNG about their groundbreaking projects and the promising future for female innovators in Papua New Guinea.
People Moves: Trukai Industries, SunRice Group
Welcome,
New Head at Trukai Industries and a new Regional President – Asia Pacific at SunRice Group.
Recent readers’ comments