David Kavanamur, Managing Director of Kumul Consolidated Holdings, detailed the terms for PNG Power’s partial privatisation at the 2026 Business Advantage PNG Investment Conference. The sale takes place against a backdrop of continuing power outages – a situation that could intensify as El Niño hits PNG, Business Advantage PNG has learned.
Business Advantage PNG talks to the senior executives responsible for stabilising, turning around and preparing the ground for the potential sale of the country’s troubled state power utility.
Papua New Guinea’s National Banking Corporation received its commercial banking licence at the end of 2024. In this exclusive interview, CEO Paul Thornton outlines its plans to build its capital base and grow in an increasingly competitive banking market.
As Papua New Guinea celebrates its 50th anniversary, Business Advantage PNG takes a look at some of the key economic events in its history and key players in business and commerce that have played an important role in its development.
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 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.
Papua New Guinea is currently embarked on an ambitious five-year digital transformation plan to improve its government services and lay down digital public infrastructure. We hear from some of the key players on what’s been delivered and what we can expect next.
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.
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.
After a decade focused on existing minerals and hydrocarbons production, Papua New Guinea is gearing up for an anticipated wave of large new investments in its resources sector. We hear from some of the key players.