Papua New Guinea’s major banks tell Business Advantage PNG they are now seeing a dramatic fall in foreign exchange backlogs. What’s driving this improved forex availability – and is a permanent solution to this critical business impediment at hand?
Is Papua New Guinea’s forex crisis finally drawing to an end?
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4 Jun 2025 by Leave a Comment
Papua New Guinea begins paving the road to digital government
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3 Jun 2025 by Leave a Comment
Papua New Guinea is currently embarked on an ambitious five-year digital transformation plan to improve its government services and lay down digital public infrastructure. We hear from some of the key players on what’s been delivered and what we can expect next.
Award-winning trial just the beginning of Nasfund’s artificial intelligence journey
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21 May 2025 by Leave a Comment
Major Papua New Guinea superannuation fund Nasfund is pioneering the use of artificial intelligence (AI) with award-winning results. CEO Rajeev Sharma talks about the early wins from using the technology and why this is just the beginning for AI – for the fund and PNG businesses more generally.
People Moves: Steamships, PNGX Group, National Banking Corporation, and more
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21 May 2025 by Leave a Comment
Two new appointments at Steamships, new board member for PNGX Group, new head of retail banking at National Banking Corporation, two new partners at Corrs Chambers Westgarth, and three ministerial changes in PNG Cabinet reshuffle.
Shipping volumes steady in face of volatility
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15 May 2025 by Leave a Comment
Leaders in PNG’s shipping sector tell Business Advantage PNG that demand is holding firm. But they acknowledge that high global freight rates and the delay to Papua LNG could get in the way of growth.
Telecommunications rollout speeds up
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7 May 2025 by Leave a Comment
PNG DataCo and major mobile operators Vodafone and Digicel have all invested heavily in infrastructure of late. Meanwhile, the question remains whether Starlink will gain entry into the PNG market in 2025.
Hotel review: Loloata Island Resort Papua New Guinea
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24 Mar 2025 by 1 Comment
Nadav Shemer Shlezinger takes a look at this tropical resort only a short drive and ferry from Port Moresby.
Papua New Guinea retailers shift focus in response to tight market
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11 Mar 2025 by 2 Comments
Retail sales have flattened in Papua New Guinea in the past year. As a result, major retailers are shifting their focus to meet changing customer expectations, as CEOs reveal to Business Advantage PNG.
Twinza begins preparations for Pasca A final investment decision
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11 Feb 2025 by Leave a Comment
Twinza and the PNG Government signed the Gas Agreement for Pasca A last December. In this exclusive interview, Twinza’s Stephen Quantrill explains why he believes his firm now has enough certainty to prepare for FID.
St Barbara ‘accelerates’ plans to extend Simberi mine life to 2036
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28 Jan 2025 by Leave a Comment
The operator of PNG’s Simberi gold mine is aiming to extend the mine’s life by at least 10 years and triple annual production. In an exclusive interview with Business Advantage PNG, St Barbara’s CEO Andrew Strelein outlines how his company is expediting these plans, including a deal to sell a minority share in the mine to Kumul Minerals.
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