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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Economic update: Will 2025 be Papua New Guinea’s golden year?
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1 Apr 2025 by Leave a Comment
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.
Editorial: Major businesses eye investments in regional Papua New Guinea
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27 Feb 2025 by 1 Comment
Interviews conducted for the annual Business Advantage PNG print magazine, to be launched in March, reveal a newfound appetite for investments outside of Papua New Guinea’s capital.
2025: what can Papua New Guinea business expect from the year ahead?
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14 Jan 2025 by 1 Comment
LNG, forex and fuel supply remain in focus, while new listings and privatisation are on the agenda. Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.
Five things we learnt at Papua New Guinea Investment Week in Sydney
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17 Dec 2024 by 1 Comment
The Business Advantage PNG editorial team was among the delegates at the 2024 Papua New Guinea Investment Week (formerly the Papua New Guinea Resources & Energy Investment Conference) in Sydney, held from December 8-11. Here are our top five takeaways from the event.
Santos Foundation’s life-changing ‘Bel isi’ program in Papua New Guinea wins international recognition
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16 Dec 2024 by
A Santos Foundation program committed to changing attitudes towards family and sexual violence, and supporting survivors in Papua New Guinea, has won international recognition for its life-changing impact at the Platts Global Energy Awards in New York.
Editorial: How is business confidence in Papua New Guinea leading into 2025?
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4 Dec 2024 by Leave a Comment
The past year has been a challenging one for Papua New Guinea’s major businesses but, as we are learning from our own conversations with them, they are nevertheless proving remarkably resilient. Now, all eyes are again focused on the next wave of resources investments.
PanAust plays long game on Papua New Guinea’s Frieda River project
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14 Nov 2024 by 3 Comments
The US$7 billion Frieda River copper-gold project is one of the largest in Papua New Guinea’s development pipeline but may take another decade to come into production. Business Advantage PNG looks into why its developer, PanAust, considers it worth the wait.
Islands Petroleum stepping up to help meet Papua New Guinea’s fuel supply needs
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23 Oct 2024 by 1 Comment
Papua New Guinea has faced ongoing fuel supply challenges since August 2023, as a result of issues related to its largest fuel importer, Puma Energy. Islands Petroleum is one of a number of fuel companies that have ramped up capacity to help meet demand. Chief Executive Nathan Bluett says the company is now looking to grow further.
Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow
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23 Oct 2024 by Leave a Comment
After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.
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