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.
Westpac
In this exclusive interview with Business Advantage PNG, Westpac PNG Chief Executive Andrew Cairns speaks in depth about the opportunities that most excite him in the domestic market in the years to come. He also discusses the impacts of greylisting and what a final decision on Papua LNG will mean for the banking sector.
Forex availability in Papua New Guinea has improved greatly in the past 12 to 18 months. However, whether PNG can achieve full currency convertibility will depend on a range of factors, as several of the country’s leading bankers share with Business Advantage PNG.
With six major banks, five of which are internationally owned, competing in a market of less than a million people, Fiji’s banking and financing sector is inevitably highly competitive.
A new board at PNG’s Mineral Resources Authority, a new President for the Australia PNG Business Council, a new CEO for Bougainville Copper, leadership changes for Geopacific Resources, a new Group Head of External Affairs for Digicel and a board appointment at Nasfund.
Papua New Guinea’s banks are scaling up digital platforms to fuel growth and advance financial inclusion, as CEOs in the sector tell Business Advantage PNG.
Since 2012, the data collected by the PNG 100 CEO Survey has revealed trends in business confidence among business leaders. So, how confident are Papua New Guinea’s leading businesses about 2026?
This year’s Business Advantage PNG/Westpac PNG 100 CEO Survey reveals positive business sentiment, continuing the momentum from last year.
New acting CEO for NBC, new country head for ADB, new CEO of the PNG Chiefs, new Head of Corporate and Commercial Banking at Westpac PNG, new Executive General Manager Wealth Management at Kina Bank, new CEO – Cement at Pacific Lime and Cement, new Regional Vice President for Asia and the Pacific for the IFC, and ministerial changes.
Foreign exchange shortages have been the biggest impediment to business in Papua New Guinea for more than a decade. But the situation has improved dramatically in 2025, and businesses are reaping the benefits, as leading CEOs share with Business Advantage PNG.