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Is Papua New Guinea’s forex crisis finally drawing to an end?

4 Jun 2025 by Leave a Comment
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?
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Papua New Guinea begins paving the road to digital government

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.
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Award-winning trial just the beginning of Nasfund’s artificial intelligence journey

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.
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People moves: Kina Bank, Kina Asset Management, Dept of Works and Highways, Bank of PNG, Coral Sea Hotels, and more

7 May 2025 by Leave a Comment
New chief of staff at Kina Bank, a new director for Kina Asset Management, a new Secretary of Dept of Works and Highways, new executive structure at the Bank of Papua New Guinea, two appointments at Coral Sea Hotels, and a new country manager for Complex Electrical (CE Group).
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National Banking Corporation chair shares roadmap to public listing

15 Apr 2025 by Leave a Comment
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.
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People moves: Ministerial changes, Ok Tedi Mining Limited, Westpac PNG, PNG Ports Corporation, PNG Power Ltd, Department of ICT

8 Apr 2025 by 1 Comment
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.
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