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.
BSP (including Financial Group)
The winners of Papua New Guinea’s major awards for innovation were announced at a special Gala Dinner on 27 March, on the eve of the 2025 Innovation PNG Conference and Expo at the Stanley Hotel, Port Moresby.
Chris Daniells became the managing director of Steamships Trading Company in July 2024. In this interview with Business Advantage PNG, he shares progress on multiple Port Moresby projects and explains why Steamships is also bullish on Mount Hagen.
Mark Robinson, Chief Executive Officer of BSP Financial Group, sat down recently for a wide-ranging interview with Business Advantage PNG, in which he shared the bank’s digital transformation plans and its efforts to attract more Papua New Guineans to formal banking.
New Australian High Commissioner to Papua New Guinea, new Australian Trade and Investment Commissioner to PNG and Solomon Islands, new Portfolio General Manager for IHG, board member changes for BSP.
Late in 2024, a 226-page report by the global Financial Action Task Force was quietly published online that may, according to the experts, have a significant impact on Papua New Guinea’s banking and finance system. Business Advantage PNG takes a closer look.
New CFO for BSP, new Trade Commissioner for Pacific Trade Invest Australia, key management changes for K92 Mining.
Papua New Guinea investors enjoyed substantial returns in both the fixed-interest and equities asset classes last year, according to an exclusive analysis for Business Advantage PNG by JMP Securities Managing Director Lars Mortensen.
The Green Finance Centre was founded this year under the aegis of the Bank of Papua New Guinea, with the aim of creating a framework to facilitate investments in areas such as renewables and climate resilience. Its head Mohinesh Prasad shared the centre’s plans and progress in a speech to the 2024 Business Advantage PNG Investment Conference.
New company secretary for BSP Financial Group, new manager for CPL Foundation, new country manager for Great Pacific Gold.