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What steps does Papua New Guinea need to take to avoid greylisting?

11 Jul 2025 by Leave a Comment
At this stage, it appears that Papua New Guinea will likely be greylisted by the Financial Action Task Force in early 2026. Zanie Theron, Partner-in-Charge of KPMG’s South Pacific practice, shares what PNG has done so far on greylisting, and the steps the country still must take to address this very serious risk.
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Mobile wallets making moves in Papua New Guinea

9 Jul 2025 by Leave a 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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Papua New Guinean businesses urged to act on cybersecurity

1 Jul 2025 by Leave a Comment
The risks to businesses in Papua New Guinea from cyber crime continue to rise as more business activity is conducted online. Business Advantage PNG gets some timely tips from one of KPMG's top cyber experts on what you can do to protect your business, and also looks at how global payments giant Visa is working to protect online transactions.
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New initiative paves the way for more Papua New Guinean women to work in trades

17 Jun 2025 by Leave a Comment
Eighteen leading Papua New Guinean businesses have signed up to an initiative led by the International Finance Corporation to provide opportunities for women in traditionally male-dominated jobs, as Business Advantage PNG reports.
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Female innovation looking bright in Papua New Guinea

17 Jun 2025 by Leave a Comment
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.
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Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference

17 Jun 2025 by 1 Comment
With tariffs, military conflict and geopolitics at play, it's already been an extraordinary year for the global economy. We speak with eminent economist Chris Richardson, who will be keynote speaker at this year's PNG Investment Conference in August, for his views on what it all means for business.
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Is Papua New Guinea’s forex crisis finally drawing to an end?

4 Jun 2025 by 1 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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