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.
Andrew Cairns became the new Chief Executive of Westpac PNG in April this year. In this exclusive interview with Business Advantage PNG, he speaks about the bank’s renewed commitment to Papua New Guinea and where he sees growth opportunities across its economy.
Two big appointments for Westpac PNG, new Vice-Chancellor for the University of Papua New Guinea, new CFO for Great Pacific Gold.
New chairman for KPHL, new board members for Westpac PNG.
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?
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.
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.
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.
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?
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.