After almost a decade of no increases and a lengthy consultation period, the Minimum Wages Board has declared a landmark increase in Papua New Guinea’s minimum wage. Charlotte Armstrong reports.
People Moves: Great Pacific Gold, Kina Asset Management Ltd, World Bank, WWF
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24 Sep 2025 by 1 Comment
New Principal Geologist for Great Pacific Gold, new Chair of the Board for Kina Asset Management Ltd, new Division Director for World Bank, new Pacific Director for World Wide Fund for Nature.
Portside Business Park to open soon
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24 Sep 2025 by Leave a Comment
Steamships broke ground on its 38-hectare Portside Business Park to great fanfare in 2024. Alan Heyns, General Manager of its property division, shares its impressive progress so far with Business Advantage PNG.
Papua New Guinea’s top five areas for investment, according to the MRDC’s Chief Investment Officer
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28 Aug 2025 by Leave a Comment
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.
PNG Power CEO reveals seven critical turnaround projects
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27 Aug 2025 by 7 Comments
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
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27 Aug 2025 by Leave a Comment
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
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13 Aug 2025 by Leave a Comment
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
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30 Jul 2025 by Leave a Comment
New chairman for KPHL, new board members for Westpac PNG.
People Moves: NICTA, K92 Mining
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15 Jul 2025 by Leave a Comment
New board members for the National Information and Communications Technology Authority, retirement at K92 Mining.
Mobile wallets making moves in Papua New Guinea
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9 Jul 2025 by 1 Comment
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.
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