Business Advantage PNG speaks with leaders from PNG’s banks and state-owned enterprises about how El Niño is affecting the economy – and what could follow if conditions on the ground worsen.
PNG Power
Businesses are telling us how the kina’s slide is hitting them – and not all of them are losing out. We also look back at two decades of PNG Power CEOs, and ahead to the 2027 Budget’s call on fuel support.
CEO/MD resignations at PNG Power, Kumul Minerals Holdings and Manufacturers Council of PNG, executive appointments at Westpac PNG and National Banking Corporation, and key appointment at TE PNG.
New directors for PNG Power, new Australian High Commissioner and new CEO for Digicel Foundation.
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.
As Papua New Guinea’s commercial and manufacturing hub, Lae is critical to the national economy. However, businesses in the city are having to manage a number of critical impediments, as John Byrne, President of the Lae Chamber of Commerce and Industry, shares in this opinion piece for Business Advantage PNG.
Our readers were focused on the future in 2025, with articles on key resources projects, growth plans and the turnaround proposal for an embattled state-owned enterprise all featuring heavily in Business Advantage PNG‘s top-read articles for the year. Not surprisingly in PNG’s jubilee year, there was also high interest for coverage of Papua New Guinea’s 50th anniversary of independence.
Independent power producers are key to PNG’s ambitious electrification goals. However, they may wait to see results from PNG Power’s turnaround plans before approving new investments, as Business Advantage PNG learns.
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.