The Business Advantage PNG editorial team was among the delegates at the 2024 Papua New Guinea Investment Week (formerly the Papua New Guinea Resources & Energy Investment Conference) in Sydney, held from December 8-11. Here are our top five takeaways from the event.
New President and Managing Director for ExxonMobil PNG, Kina Bank appoints new MD and CEO.
In a repeat of last year, the 2025 Budget delivered by Papua New Guinea Treasurer Ian Ling-Stuckey outlines record spending and revenue. It also contains a few policy surprises, including a proposed reduction to the company tax rate paid by commercial banks as well as easing of a key paperwork requirement for obtaining foreign exchange.
Could Papua New Guinea’s second gas project get the green light in 2025? In an exclusive interview with Business Advantage PNG, Arnaud Berthet, Managing Director of TotalEnergies EP PNG, outlines the Papua LNG project timeline and the activities left to complete on the road to FID.
New CEO for MiBank
New Group CEO for Harmony Gold
Authorised foreign exchange dealers must fully clear essential trade and services orders before executing any orders for non-essential items such as dividends, under a new directive issued by Papua New Guinea’s central bank. Business Advantage PNG finds out what this means for businesses.
New Head of Transaction Banking and Head of Business Execution, new First Secretary for Infrastructure at Aussie High Comm, new COO at Remington Group and new appointments to the Minimum Wages Board.
New company secretary for BSP Financial Group, new manager for CPL Foundation, new country manager for Great Pacific Gold.
New Managing Director for Newmont PNG, new People and Services Director for TotalEnergies EP PNG and Petroleum Minister reinstated.