Forex availability in Papua New Guinea has improved greatly in the past 12 to 18 months. However, whether PNG can achieve full currency convertibility will depend on a range of factors, as several of the country’s leading bankers share with Business Advantage PNG.
ANZ (including ANZ PNG)
People Moves: Nambawan Super, PNG Business Coalition for Women, ANZ PNG, Internal Revenue Commission
Nambawan Super CFO and PNG Business Coalition for Women executive director both depart, while ANZ PNG makes two board appointments and the Internal Revenue Commission names four new directors.
With six major banks, five of which are internationally owned, competing in a market of less than a million people, Fiji’s banking and financing sector is inevitably highly competitive.
While the global fuel crisis is having an impact on Fiji, business leaders express confidence in the country’s economic trajectory, as it plans for new elections and a surge in investment in infrastructure.
Prime Minister James Marape and leading financiers and investors were among the key decision-makers setting out their visions for the Papua New Guinea economy at the 2026 Business Advantage PNG Investment Conference in Brisbane on 10–11 August. Business Advantage PNG reports.
Beyond a unique set of immediate challenges, investors have a growing number of reasons to be optimistic about the outlook for Papua New Guinea heading into the PNG Investment Conference in Brisbane on 10-11 August.
Papua New Guinea’s banks are scaling up digital platforms to fuel growth and advance financial inclusion, as CEOs in the sector tell Business Advantage PNG.
With improved export receipts and the prospect of major resources projects starting in 2026, Papua New Guinea’s economy is set for a sustained period of growth. Andrew Wilkins speaks with business leaders in the country about their expectations for the year ahead.
Restructure at Steamships Logistics, new CEO at Air Niugini, new acting CEO at TISA Bank, new COO at NiuPay, new Executive Director Institutional at ANZ PNG, new National Operations Manager at Joint Venture Port Services and more.
KPHL appoints acting MD, new board Director for Credit Bank PNG, new CFO for ANZ PNG, a new head of the ICCC and new board members for PNG Tourism Promotion Authority.