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.
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Speakers at this year’s 2025 Business Advantage PNG Investment Conference touched on a range of key themes, including the need to strengthen the country’s institutions and its ‘human capacity’, and provided updates on key projects such as PNG Power’s turnaround plan, major resources projects and the strategies of leading banks and financial institutions.
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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?