Features

All eyes on Papua New Guinea’s offshore oil and gas

Papua New Guinea is on track to become an offshore gas producer before the end of the decade, thanks to Twinza’s Pasca A project. There are also hopes of large offshore oil discoveries, with two separate drilling campaigns being planned in a prospective new offshore basin.

Portside Business Park to open soon

Steamships broke ground on its 38-hectare Portside Business Park to great fanfare in 2024. Alan Heyns, General Manager of its property division, shares its impressive progress so far with Business Advantage PNG.

IPPs cautiously optimistic on PNG Power turnaround plans

Independent power producers are key to PNG’s ambitious electrification goals. However, they may wait to see results from PNG Power’s turnaround plans before approving new investments, as Business Advantage PNG learns.

Papua New Guinea’s first integrated lime facility reaches FID

Pacific Lime & Cement has taken a big step towards providing Papua New Guinea’s construction sector with a domestic alternative to costly imported materials, as its MD Paul Mulder explains to Business Advantage PNG.

Papua New Guinea’s 50 years of economic achievement

As Papua New Guinea celebrates its 50th anniversary, Business Advantage PNG takes a look at some of the key economic events in its history and key players in business and commerce that have played an important role in its development.

Latest news

Business and government gather to discuss ‘The Next 50’ at Papua New Guinea’s Petroleum and Energy Conference

PEC 2025 promises opportunities for knowledge-sharing, networking and collaboration in one of the region’s most dynamic energy markets. We preview the event taking place in Port Moresby on 8 and 9 October.

Papua New Guinea’s minimum wage set to rise in January

After almost a decade of no increases and a lengthy consultation period, the Minimum Wages Board has declared a landmark increase in Papua New Guinea’s minimum wage. Charlotte Armstrong reports.

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Interviews

Port operator invests heavily as Papua New Guinea’s economy strengthens

ICTSI South Pacific operates the international shipping terminals at Lae and Port Moresby (Motukea). In this interview with Nadav Shemer Shlezinger, CEO Robert Maxwell shares how it is investing for PNG’s resources pipeline and anticipated economic growth.

Ivan Fong, CEO of Vodafone PNG’s parent company, on growth plans

Fiji’s Amalgamated Telecom Holdings Limited (ATH) has operations across the Pacific, including Papua New Guinean subsidiary Vodafone PNG. Its CEO Ivan Fong talks to Business Advantage PNG about profits, growth and big guns like Google and Starlink.

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Editorial

Editorial: Some reasons to be cheerful

While doing business in Papua New Guinea is never without its challenges, there have been some positive developments regarding some of the most-persistent business impediments.

Economy/investment

Papua New Guinea’s top five areas for investment, according to the MRDC’s Chief Investment Officer

Papua New Guinea’s Mineral Resources Development Company is one of the country’s largest institutional investors, with more than K12 billion in assets under management. Its Chief Investment Officer and Deputy CEO John Tuaim revealed five areas where more investment is needed at this month’s 2025 Business Advantage PNG Investment Conference.

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Opinion and analysis

A timeline of Papua New Guinea’s economic journey

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.

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People moves

People Moves: Great Pacific Gold, Kina Asset Management Ltd, World Bank, WWF

New Principal Geologist for Great Pacific Gold, new Chair of the Board for Kina Asset Management Ltd, new Division Director for World Bank, new Pacific Director for World Wide Fund for Nature.

More People Moves ...

LIfestyle

Best of the bay

Underwater photographer Karen Ho checks into remote Tawali Resort at Milne Bay to explore a range of scuba diving sites.

More PNG lifestyle articles

Latest News

Business and government gather to discuss ‘The Next 50’ at Papua New Guinea’s Petroleum and Energy Conference

PEC 2025 promises opportunities for knowledge-sharing, networking and collaboration in one of the region’s most dynamic energy markets. We preview the event taking place in Port Moresby on 8 and 9 October.

Papua New Guinea’s minimum wage set to rise in January

After almost a decade of no increases and a lengthy consultation period, the Minimum Wages Board has declared a landmark increase in Papua New Guinea’s minimum wage. Charlotte Armstrong reports.

Features

All eyes on Papua New Guinea’s offshore oil and gas

Papua New Guinea is on track to become an offshore gas producer before the end of the decade, thanks to Twinza’s Pasca A project. There are also hopes of large offshore oil discoveries, with two separate drilling campaigns being planned in a prospective new offshore basin.

Opinion

A timeline of Papua New Guinea’s economic journey

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.