Two big appointments for Westpac PNG, new Vice-Chancellor for the University of Papua New Guinea, new CFO for Great Pacific Gold.
People Moves: Kumul Petroleum Holdings Limited (KPHL), Westpac PNG
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New chairman for KPHL, new board members for Westpac PNG.
Is Papua New Guinea’s forex crisis finally drawing to an end?
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Papua New Guinea’s major banks tell Business Advantage PNG they are now seeing a dramatic fall in foreign exchange backlogs. What’s driving this improved forex availability – and is a permanent solution to this critical business impediment at hand?
Finance sector forms a digital vanguard in Papua New Guinea
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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.
People moves: Ministerial changes, Ok Tedi Mining Limited, Westpac PNG, PNG Ports Corporation, PNG Power Ltd, Department of ICT
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National Executive Council reshuffle, a new Chief Executives for PNG Power and Westpac PNG, OTML Chairman resigns, a new COO for PNG Ports and a reappointment at the Department of ICT.
Economic update: Will 2025 be Papua New Guinea’s golden year?
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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.
The 2025 PNG 100 CEO Survey: the results
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Since 2012, the data collected by the PNG 100 CEO Survey has revealed trends in business confidence among Papua New Guinea business leaders. So, how confident are businesses in 2025?
What does the 2025 PNG 100 CEO Survey tell us?
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This year’s PNG 100 CEO Survey reveals a positive shift in sentiment among Papua New Guinea business leaders, although longstanding impediments remain. Justin Smirk, Westpac Senior Economist, provides his analysis of this year’s survey results.
Editorial: How is business confidence in Papua New Guinea leading into 2025?
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The past year has been a challenging one for Papua New Guinea’s major businesses but, as we are learning from our own conversations with them, they are nevertheless proving remarkably resilient. Now, all eyes are again focused on the next wave of resources investments.
Papua New Guinea banks report substantial fall in forex waiting times
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Waiting times on foreign exchange orders have been falling substantially on central bank interventions and other factors, senior representatives of BSP Financial Group, Kina Bank and Westpac Papua New Guinea reveal to Business Advantage PNG.
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