In this piece prepared for Business Advantage PNG, Elizabeth Genia, Governor of the Bank of Papua New Guinea, sets out the central bank’s work to keep prices stable, broaden financial inclusion and drive reforms of the financial sector – while also keeping an eye on emerging new challenges to the economy.
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.
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.
Papua New Guinea’s greylisting by the Financial Action Task Force, the potential re-emergence of forex supply issues and the trickle-down effects of war in the Middle East are all reminders that PNG is increasingly connected to the global economy – for better or worse.
In this exclusive interview with Business Advantage PNG, CEO Mark Robinson reflects on BSP Financial Group’s impressive results. He also provides details of growth plans, including investments in digital channels and a major upgrade of the bank’s ATM network.
New Bank of Papua New Guinea Chair, new Acting Commissioner General at IRC, NBC CEO stands down, new Group Legal Counsel at Steamships, new board chairman at CTSL.
Papua New Guinea is expected to join 20 other jurisdictions on the intergovernmental Financial Action Task Force’s ‘grey list’ in February 2026. However, CEOs in the banking sector tell Business Advantage PNG they are confident they can manage the situation, and are optimistic it will lead to reforms.
Foreign exchange shortages have been the biggest impediment to business in Papua New Guinea for more than a decade. But the situation has improved dramatically in 2025, and businesses are reaping the benefits, as leading CEOs share with Business Advantage PNG.
Papua New Guinea’s central bank is releasing commemorative 50-kina notes and 50-toea coins to mark the 50th anniversary of independence.
The Bank of Papua New Guinea’s Green Finance Centre was established in 2024 to encourage financial institutions to fund sustainability-related projects. The centre’s head Mohinesh Prasad shares the progress being made on green finance – and its potential to boost PNG’s economy.