Special economic zones, green finance, privatisations and more: Business Advantage PNG lists five key focus areas to look out for in Papua New Guinea’s investment space this year.
Late in 2024, a 226-page report by the global Financial Action Task Force was quietly published online that may, according to the experts, have a significant impact on Papua New Guinea’s banking and finance system. Business Advantage PNG takes a closer look.
Since 2012, the data collected by the PNG 100 CEO Survey has revealed trends in business confidence among Papua New Guinea business leaders. So, how confident are businesses in 2025?
This year’s PNG 100 CEO Survey reveals a positive shift in sentiment among Papua New Guinea business leaders, although longstanding impediments remain. Justin Smirk, Westpac Senior Economist, provides his analysis of this year’s survey results.
Business leaders are not quite ready to call it, but there are promising signs as Papua New Guinea celebrates its 50th anniversary of independence. Business Advantage PNG spoke with the country’s top CEOs to learn more about current business conditions.
Papua New Guinea’s Meetings, Incentives, Conferences and Exhibitions (MICE) sector has grown rapidly over the past few years, with venues competing for business with upgrades, expansions and value adds. Business Advantage PNG looks at the current MICE landscape in the capital.
Paul Barker, Executive Director of industry think-tank the Papua New Guinea Institute of National Affairs, provides his personal take on PNG’s economic journey since independence.
Twinza and the PNG Government signed the Gas Agreement for Pasca A last December. In this exclusive interview, Twinza’s Stephen Quantrill explains why he believes his firm now has enough certainty to prepare for FID.
The operator of PNG’s Simberi gold mine is aiming to extend the mine’s life by at least 10 years and triple annual production. In an exclusive interview with Business Advantage PNG, St Barbara’s CEO Andrew Strelein outlines how his company is expediting these plans, including a deal to sell a minority share in the mine to Kumul Minerals.
PNG DataCo and major mobile operators Vodafone and Digicel have all invested heavily in infrastructure of late. Meanwhile, the question remains whether Starlink will gain entry into the PNG market in 2025.
Leaders in PNG’s shipping sector tell Business Advantage PNG that demand is holding firm. But they acknowledge that high global freight rates and the delay to Papua LNG could get in the way of growth.
Papua New Guinea’s financial institutions are playing a leadership role in digitalising its economy. The country’s bankers talk to Business Advantage PNG about their major investments in new technology, and how this is driving business growth.
A new K70 million plant represents a big step forward for Pacific Industries. Director Everett Chue tells Business Advantage PNG that the facility will also provide a range of benefits to his business.
PNGFP has been producing engineered wood products in Papua New Guinea for more than 70 years, but it recently discovered a new avenue for growth, as Managing Director Tony Honey tells Business Advantage PNG.
Former Kraft Heinz subsidiary Hugo Canning has turned the corner in Papua New Guinea under new owners led by Taylor Pacific. And it has big plans in the pipeline, General Manager Jeremy Fry tells Business Advantage PNG.
Recent data indicates visitors to Papua New Guinea are spending more than previously, as key hoteliers in Port Moresby embark on major renovation and expansion plans.