Papua New Guinea’s financial institutions are playing a leadership role in digitalising its economy. The country’s bankers talk to Business Advantage PNG about their major investments in new technology, and how this is driving business growth.
Award-winning trial just the beginning of Nasfund’s artificial intelligence journey
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21 May 2025 by Leave a Comment
Major Papua New Guinea superannuation fund Nasfund is pioneering the use of artificial intelligence (AI) with award-winning results. CEO Rajeev Sharma talks about the early wins from using the technology and why this is just the beginning for AI – for the fund and PNG businesses more generally.
Economic update: Will 2025 be Papua New Guinea’s golden year?
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1 Apr 2025 by Leave a Comment
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.
Innovation PNG Awards winners announced
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28 Mar 2025 by Leave a Comment
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.
Papua New Guinea’s banks embrace a digital future
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18 Apr 2024 by 1 Comment
Banks and finance firms are rolling out digital products to take advantage of increased connectivity across Papua New Guinea, where about 75 per cent of the population remain unbanked. Business Advantage PNG talks to the key players find out what’s coming.
Nasfund’s Ian Tarutia: the ‘exit interview’
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27 Apr 2023 by Leave a Comment
Before he handed over the baton to incoming CEO Rajeev Sharma last month, Nasfund’s long-serving CEO Ian Tarutia, spoke to Business Advantage PNG about his time in charge of Papua New Guinea’s largest private sector superannuation fund – and where PNG’s economy might go from here.
In brief: Kumul Petroleum signs deal to build fabrication facility and other business stories
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14 Mar 2023 by Leave a Comment
Kumul Petroleum signs deal to build fabrication facility, Nasfund announces net profit and feasibility study for the Mongi hydroelectric project. Your business news in summary.
People Moves: Nasfund, Newcrest Mining, ANZ Bank, NAC, Vodafone, East West Transport, BAPNG, PNG Air
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20 Dec 2022 by Leave a Comment
New CEOs for Nasfund and ANZ Bank, Newcrest CEO retires, changes at National Airports Corporation, new GM for East West Transport and new marketing head at Vodafone PNG and
People moves: Nasfund
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26 Sep 2022 by Leave a Comment
Nasfund announces changes to its board.
In brief: Papua New Guinea’s economy returns to growth and other business stories
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21 Sep 2022 by Leave a Comment
The World Bank forecasts positive economic growth for Papua New Guinea, Trukai Industries gets ISO recertification. and new seafood holding and distribution facility to open in PNG. The business news you need.
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