Paul Bayly was appointed to the hot seat as chief executive officer of PNG Power Ltd (PPL) in March 2025. Ahead of his appearance at the 2025 PNG Investment Conference, the New Zealand national sits down with Business Advantage PNG to share how he plans to address the challenges facing the state-owned utility.
Papua New Guinea SOE reforms show progress, but work remains: ADB expert
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Papua New Guinea has taken positive steps to improve the performance of its state-owned enterprises, but further reforms are needed to deliver lasting gains, Laure Darcy, one of the Asian Development Bank’s leading SOE experts for the Pacific, tells Business Advantage PNG.
Investing in Papua New Guinea: five things to watch in 2025
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Special economic zones, green finance, privatisations and more: Business Advantage PNG lists five key focus areas to look out for in Papua New Guinea’s investment space this year.
National Banking Corporation chair shares roadmap to public listing
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State-owned National Banking Corporation (NBC) secured a commercial banking licence in December 2024. In this exclusive interview, Chairman Darrell Seeto shares his plans to get the bank to profitability and a listing on Papua New Guinea’s stock exchange.
‘Transformative’ Port Moresby port redevelopment ready for investors
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Port Moresby’s former port facility has been rezoned, had its masterplan approved, and is now ready for investors’ expressions of interest. Business Advantage PNG takes a closer look at the project.
Private sector investment targeted to redevelop Papua New Guinea state assets
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Some key Papua New Guinea state assets, including the site of Port Moresby’s old port, are being readied for redevelopment, with private sector investment being sought. The move is being guided by a new investment strategy from state holding company, Kumul Consolidated Holdings.
People moves: Kumul Consolidated Holdings, Papua New Guinea Government
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Kumul Consolidated Holdings announces new head, and changes in seven Papua New Guinea statutory bodies.
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