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Technology & growth: Moni Plus looks to a banking licence and IPO

8 Jun 2022 by Business Advantage PNG Leave a Comment

Despite the pandemic’s severe economic impacts in Papua New Guinea, financial institution Heduru Moni Limited (trading as Moni Plus) achieved record-breaking revenues and profits in 2021. Business Advantage PNG sat down with the company’s new CEO, Aho Baliki OBE, to discuss its successes and ambitious plans for growth.
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Geopacific Resources to review the future of Woodlark gold project

1 Jun 2022 by Business Advantage PNG Leave a Comment

The future of the proposed new gold mine on Papua New Guinea's Woodlark Island remains in question, as Geopacific Resources looks to reset expectations surrounding the project and explores the possibility of a 'corporate or asset-level' sale.
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Security & strategy: online payments to transform Internal Revenue Commission

31 May 2022 by Business Advantage PNG 1 Comment

Papua New Guinea's Internal Revenue Commission (IRC) recently established an online payment portal, ‘myIRC,’ as part of its strategy to take the country's tax system online. Business Advantage PNG sits down with Commissioner General Sam Koim to see how it is going and discuss the IRC's long-term strategy.
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What can Papua New Guinea expect from Australia’s new government?

25 May 2022 by Business Advantage PNG Leave a Comment

Infrastructure funding aimed at climate change mitigation and a new Pacific Engagement Visa are among the expected initiatives from the new Australian government elected last weekend.
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In-flight magazine’s return a sign that Papua New Guinea is back in business

23 May 2022 by Business Advantage PNG Leave a Comment

Papua New Guinea's longest-established and most widely-read magazine, Paradise, the in-flight magazine of Air Niugini will return in September.
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Papua New Guinea’s Pasana Group: plain sailing

23 May 2022 by Thor F. Jensen Leave a Comment

Two brothers have teamed together to teach the new generation of Papua New Guineans traditional canoe skills.
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How to do business with Papua New Guinea’s major mines

18 May 2022 by Business Advantage PNG Leave a Comment

What opportunities are there to supply Papua New Guinea's major mines and what do potential suppliers need to know before attempting to do business in the country's mining sector? We asked procurement professionals at two of the country's major mines, Ok Tedi and Porgera, during an online briefing this week.
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Latest Central Bank figures indicate Papua New Guinea’s economy is rebounding

11 May 2022 by Business Advantage PNG Leave a Comment

Recently released data from Papua New Guinea's central bank indicates the country's economy bounced back significantly in the September 2021 quarter on the back of a massive increase in export receipts due to higher commodity prices. While private sector employment and sales also rose, the bank warns inflation is also on the march.
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Analysis: Papua New Guinea’s ‘stuck’ exchange rate

11 May 2022 by Stephen Howes 3 Comments

Is Papua New Guinea's kina exchange rate stuck? Stephen Howes, Director of the Development Policy Centre and a Professor of Economics at the Crawford School, considers if the kina really is a 'floating' currency and calls for foreign exchange reforms to stimulate PNG's economy.
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Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference
With tariffs, military conflict and geopolitics at play, it’s already been an extraordinary year for the global economy. Business Advantage PNG speaks with eminent economist Chris Richardson, who will be keynote speaker at this year’s Papua New Guinea Investment Conference in August, for his views on what it all means for business. BAPNG: As an […]
From the desk of the Innovation PNG Conference Program Director
Papua New Guinea can become an innovation nation. Innovation, simply put, is the solving of problems by using new ideas, methods and tools. PNG has a great example from its own history. Some 9000 years ago in the Waghi Valley, near what is now Mt Hagen, people first decided to drain and divert water in […]
“Business Advantage Fiji” to showcase Fiji’s economy
A new international publication aimed at promoting Fiji as a business and investment destination will be published in mid-2025. Business Advantage Fiji, the latest in a respected series of international guides to Asia-Pacific economies, will be published in July 2025 by leading regional business media company, Business Advantage International. Written by professional business journalists, the […]

Sections

Technology & growth: Moni Plus looks to a banking licence and IPO

Geopacific Resources to review the future of Woodlark gold project

Security & strategy: online payments to transform Internal Revenue Commission

What can Papua New Guinea expect from Australia’s new government?

In-flight magazine’s return a sign that Papua New Guinea is back in business

Papua New Guinea’s Pasana Group: plain sailing

How to do business with Papua New Guinea’s major mines

Latest Central Bank figures indicate Papua New Guinea’s economy is rebounding

Analysis: Papua New Guinea’s ‘stuck’ exchange rate

The 2022 PNG 100 CEO Survey: the return of optimism

Editor’s picks

Five questions with economist Chris Richardson, keynote speaker at the 2025 PNG Investment Conference

Economic update: Will 2025 be Papua New Guinea’s golden year?

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

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