Credit Corporation was one of two financial institutions to receive PNG commercial banking licences this month, with more new banks planned. Credit Corp’s Chief Executive Danny Robinson outlines his bank’s digital-first approach, while the IFC’s Kevin Gani explains the path forward for other prospective banks.
Port authority PNG Ports Corporation is “re-conceptualising” Papua New Guinea’s ports into business and logistics hubs, beginning with the signature Westside project in Lae. A bullish Chief Executive Neil Papenfus outlines its plans to upgrade ports across the country.
George Constantinou, third-generation CEO of the Constantinou Group, went through the family album to review his company’s past, present and future at this week’s 2024 Business Advantage PNG Investment Conference. Watch his fireside chat with BAI’s Andrew Wilkins.
Air Niugini’s next generation of planes will deliver a raft of benefits, including increased passenger comfort. Roderick Eime profiles the new A220 aircraft that will be introduced into service from 2025.
Benefitting from increased business activity in Papua New Guinea’s mining sector, Lae-based construction company Hornibrook NGI is looking to further diversify into property development. Business Advantage PNG speaks to Managing Director Matthew Lewis to learn more.
The ambitious housing development from Rhodes PNG Limited is a “first of its kind” land-use model that aims to deliver affordable housing to the country’s rising middle class.
Duffy has become a household name in Port Moresby. General Manager Chris Shine talks about the keys to the cafe business’ incredible success and its exciting, innovative plans for the future.
Last month, Twinza and Mineral Resources Development Corporation signed agreements which will see MRDC acquire a major stake in Pasca A, Papua New Guinea’s first offshore gas project. Twinza Executive Chairman Stephen Quantrill tells Business Advantage PNG the deal also paves the way for further cooperation.
Australia launched its inaugural Pacific Engagement Visa ballot on 3 June, with Papua New Guinea receiving the largest allocation. We break down the implications for PNG’s business and labour force.
Newmont Corporation’s Tom Palmer tells Business Advantage PNG that Papua New Guinea fits well within company’s strategy, but cautions that the prospective Wafi-Golpu copper-gold project will need to compete for capital with other projects in portfolio.