Exepreneur

Exepreneur Premium Business & luxury Lifestyle Media Brand in Papua New Guinea, Fiji and other Smaller Island Nations

Exepreneur is a premium media brand dedicated to showcasing the best in business and luxury lifestyle across the Asia Pacific region. We bring insightful stories, expert interviews, exclusive features, and curated content that cater to entrepreneurs, executives, and discerning audiences who appreciate quality, innovation, and sophisticated living. Our content blends cutting-edge business trends wi

th the elegance of luxury travel, fashion, hospitality, and culture — offering a unique perspective for those who seek inspiration and success. From influential industry leaders to luxurious destinations, we connect viewers with topics that drive growth and enrich lifestyle. Join us to explore the dynamic intersection of commerce and luxury in one of the world’s most vibrant and diverse regions.

Papua New Guinea’s Independent Consumer and Competition Commission (ICCC) has welcomed Mr. Roy Nunts Daggy as its new Co...
04/11/2025

Papua New Guinea’s Independent Consumer and Competition Commission (ICCC) has welcomed Mr. Roy Nunts Daggy as its new Commissioner and Chief Executive Officer.

Mr. Daggy’s appointment became official following the publication of the National Gazette (No. G11051) on October 30, 2025.

Mr. Daggy brings extensive experience in economics, finance, and energy regulation, having worked across both public and private sectors. ICCC’s senior executives and staff expressed their strong support for his appointment, noting that Mr. Daggy is no stranger to the Commission and looking forward to his leadership in serving the people effectively.

Hon. Joseph Lelang, Minister for Rural Economic Development and Member for Kandrian-Gloucester, congratulated Mr. Daggy on his new role. In his remarks, Minister Lelang emphasized the strength of the upcoming ICCC leadership team, including Mr. Daggy and the two Associate Commissioners. He highlighted the team’s blend of local expertise and international insights as vital for driving ICCC’s mission forward.

Mr. Daggy succeeds former Commissioner and CEO Mr. Paulus Ain, taking the helm as ICCC continues to advance its regulatory and consumer protection functions across Papua New Guinea.

This leadership transition marks a new chapter for the ICCC, with expectations high that Mr. Daggy will contribute significantly to the commission's strategic goals and public service mandate.

The Kina Securities Limited (Kina) is acquiring 17% of NiuPay Pacific Pty Ltd (NiuPay) for US$5 million which equates to...
04/11/2025

The Kina Securities Limited (Kina) is acquiring 17% of NiuPay Pacific Pty Ltd (NiuPay) for US$5 million which equates to K21 million in local currency.

The investment structure includes US$2.5 million in cash and US$2.5 million in Kina Securities shares, totaling 3,101,834 shares priced at A$1.2221 each, based on the 10-day volume-weighted average price (VWAP) on the ASX leading up to the signing of the agreement.

This consideration is split between US$4 million allocated to the subscription of new shares in NiuPay, and US$1 million for the purchase of existing shares from the company’s founders.

NiuPay specializes in delivering high-impact digital solutions to public sector domains such as immigration processing, utilities payments, and departmental workflows. The company’s mission focuses on bridging the technological divide, enhancing government service efficiency and accessibility throughout the region.

NiuPay was responsible for developing and operates the country’s first fully integrated e-visa payment and processing system for Papua New Guinea Immigration & Citizenship Authority and the MyIRC for Internal Revenue Commission PNG.

The settlement of this investment is subject to customary conditions and is expected to conclude by November 17, 2025.

Adding to this development, Kina and NiuPay have elevated their existing digital payments arrangement into a comprehensive long-term strategic partnership. This enhanced collaboration aims to combine expertise and resources to deliver improved digital payment services and solutions throughout the South Pacific.

Ivan Vidovich CEO of Kina Securities is positive about the strengthened partnership, highlighting over five years of collaborative history.

"This strategic investment and partnership with NiuPay strengthens our relationship which is already over 5 years old and underscores our belief in the leadership, vision and growth of their offering in the Pacific. We see enormous potential in leveraging our combined expertise to achieve our strategic goals"

This announcement marks a key step in expanding digital infrastructure and government service capabilities across the Pacific region.

The 2024 Papua New Guinea Census has been widely criticized as a major administrative failure, raising serious doubts ab...
03/11/2025

The 2024 Papua New Guinea Census has been widely criticized as a major administrative failure, raising serious doubts about the reliability of the reported population figures, which currently stand at 10.1 million.

Official reporting was significantly behind schedule, with millions spent on new technology that failed to function properly — including tablets that lacked necessary applications for data collection. Many enumerators were left unpaid, and extensive regions did not receive proper counting materials on time.​

Critical operational issues included poor coordination in training for census personnel, reliance on a poorly integrated mix of digital and paper data collection methods (CAPI and PAPI), and significant data quality problems arising from language barriers among the 800+ spoken languages in PNG. Many areas were inaccessible or difficult to reach due to infrastructure gaps, contributing to incomplete or inaccurate data gathering.​

The census result showing a population of 10.1 million was publicly announced by Prime Minister James Marape in October 2025. However, many leading economists, including Paul Barker, have challenged the credibility of this figure. Critics point to inconsistencies between the projected population growth rate embedded in the data (over 3% annually) and the country’s historical patterns, which suggest lower growth.​

The new population number has significant ramifications: a larger population estimate reduces PNG’s per capita income and poverty statistics, raising concerns about overstated growth and its economic impacts.

Economists call for an extensive review or recount, emphasizing the need for credible data to underpin government planning, budget allocation, service delivery, and future elections.​

Prime Minister Marape noted the challenge of economic growth lagging behind population growth, warning the need to expand the economy to match demographic realities. He also stressed accountability for provincial budget spending amidst these new population demands.

Meanwhile, government agencies face pressure to make the census count the foundation for transitioning to biometric voter registration to improve electoral integrity.​

The flawed census also impacts PNG’s international standing, affecting aid, investment, and development planning. With the last credible census being over two decades ago (2000), and the 2011 and 2024 efforts both contentious, the urgent need is for PNG to conduct a reliable, transparent census that meets international standards to support data-driven governance.

Digital Transformation Summit 2025 — Innovation, Inclusion and Good Governance ( )Papua New Guinea will host the third D...
03/11/2025

Digital Transformation Summit 2025 — Innovation, Inclusion and Good Governance ( )

Papua New Guinea will host the third Digital Transformation Summit (DTS25) from November 24–27, 2025, at The Stanley Hotel in Port Moresby. Organised by the Department of Information and Communications Technology, DTS25 is the nation’s main government-led platform for shaping PNG’s digital future through innovation, inclusion, and good governance.​

The summit convenes leaders from government, private sector, academia, civil society, and development partners to accelerate digital transformation under the Digital Government Act 2022 and related national policies. DTS25 is designed to showcase progress, strengthen networks like Digital Transformation Officers (DTOs), and position PNG as a regional leader in digital policy, cybersecurity, trusted infrastructure, and artificial intelligence.​

Participants can expect four days of high-level addresses, policy discussions, technical demos, youth and student innovation activities—including coding hackathons and digital gaming competitions—plus tech expos and cybersecurity simulations. These sessions will highlight how digital transformation is improving public services, citizen experience, and socioeconomic development for PNG and the Pacific.​

DTS25 offers a collaborative space for dialogue, skill development, and partnerships—driving practical digital innovation and strategic national alignment for sustainable growth.

Newmont PNG - Lihir has paid a substantial corporate income tax payment of K330 million to the Internal Revenue Commissi...
02/11/2025

Newmont PNG - Lihir has paid a substantial corporate income tax payment of K330 million to the Internal Revenue Commission PNG (IRC), marking the company's third installment for the 2025 tax year.

The payment reflects strong mineral price performance and reinforces the vital contribution of the resource sector to national revenue.

The cheque was formally presented by Mr. Borone Isana on behalf of Newmont PNG - Lihir, accompanied by Mr. Tim Bryson, Head of External Relations for Newmont – APEC Region, and Mr. Chris Miviri, Legal Counsel for Newcrest.

Commissioner of Tax, Mr. Sam Loi, accepted the payment and saying the critical importance of timely tax remittances in supporting the government’s revenue needs.

The IRC’s ongoing success in strengthening tax administration has led to improved compliance, greater transparency, and enhanced revenue collection across all sectors.

Under the IRC’s enhanced framework, key reforms such as digitizing tax processes, improving taxpayer services, and enforcing rigorous compliance measures have helped boost the country’s fiscal stability. These advancements have been instrumental in increasing corporate tax collections from major contributors in the resource sector.

Mr. Loi acknowledged Newmont PNG - Lihir’s continued commitment to fulfilling its corporate tax obligations and stressed the importance of ongoing collaboration through established compliance processes.

Tax revenues from the resource sector remain critical for funding essential public services and nationwide development programs, supporting Papua New Guinea’s socio-economic growth.

BSP Financial Group, the largest bank in the South Pacific, reported strong third quarter 2025 results, highlighting rob...
31/10/2025

BSP Financial Group, the largest bank in the South Pacific, reported strong third quarter 2025 results, highlighting robust revenue growth, rising profits, and diversified income streams, reaffirming its market leadership in a challenging economic environment.

BSP’s total revenue rose 15% year-on-year to K860 million, driven by higher lending volumes, increased fee-based income, and strong non-interest income. Net interest income grew 13% due to expanded loans to individuals, businesses, and corporations. Fee income rose 12%, reflecting diversification beyond lending. Foreign exchange and other non-interest income surged 24%, signaling a diversified business model supporting stable earnings.

Net profit after tax jumped 22% to K284 million, thanks to disciplined cost control and effective risk management. BSP maintained profitability despite regional economic pressures and competition. The bank’s solid asset base underpins ongoing growth across retail, corporate, and investment banking throughout Papua New Guinea and the South Pacific.

Management attributes strong results to strategic technology investments and digital banking improvements that enhance customer reach and operational efficiency. BSP’s multimillion-kina modernization includes advanced ATMs, faster transaction processing, and enhanced digital platforms for seamless online and mobile banking.

The expanding loan portfolio, especially in SMEs and corporates, fueled interest income growth. By offering flexible financing to SMEs, BSP taps growing business demand for steady revenue. Non-interest income from transaction fees, asset management, and insurance also increased, reflecting deliberate diversification efforts.

Operational efficiency improved, with cost-to-income ratios decreasing due to automation and streamlined processes, allowing BSP to retain more revenue as profit. These efforts illustrate BSP’s ability to innovate and grow while maintaining financial discipline and customer focus.

BSP remains confident about sustaining strong growth through 2025, prioritizing risk mitigation and portfolio quality. Customer-centric innovation aims to develop new products meeting evolving needs, strengthening the bank's outlook.

Committed to financial inclusion, BSP expands services to underserved and remote areas with SME banking units, digital platforms, and financial education programs, supporting economic development and social responsibility.

BSP’s third quarter performance confirms its resilience and strategic ex*****on, positioning it to seize future opportunities, deliver shareholder value, and advance Papua New Guinea’s financial sector and broader regional economy.

Brent Hill knows that true leadership lies in building something that endures beyond your tenure. After a transformative...
29/10/2025

Brent Hill knows that true leadership lies in building something that endures beyond your tenure.

After a transformative period at the helm of Tourism Fiji, a role that saw the nation’s tourism sector reach unprecedented heights, Hill resigned earlier this year.

This is his reflections on the strategic foundations laid and the future trajectory for Fiji’s vital industry.

When Hill took on the CEO role at Tourism Fiji, his mission was clear and that was to align the agency’s formidable marketing power with the Fijian Government’s broader economic ambitions.

“We worked very closely with the Ministry of Tourism and Civil Aviation and our Board,” he tells Exepreneur Magazine.

“I consistently engaged with the Deputy Prime Minister and Minister for Tourism to understand their strategic imperatives.”

Hill’s advice often centered on the wider economic benefits of a robust tourism sector, from infrastructure to job creation.

Photo Credit: Todays Traveller

Read exclusive feature here https://lnkd.in/gWetkbNX

Happy to announce that Brent Hill, the mastermind behind Fiji's extraordinary rise as a global tourism brand, will give ...
28/10/2025

Happy to announce that Brent Hill, the mastermind behind Fiji's extraordinary rise as a global tourism brand, will give a short online presentation during the Morobe Eco-tourism Roundtable on November 29th at Lae International Hotel.

As the CEO of Tourism Fiji from 2020 to 2025, Brent Hill led transformational growth, developing two major strategic corporate plans that boosted visitor arrivals post-COVID to a record exceeding one million. He executed global brand campaigns including the award-winning "Where Happiness Comes Naturally."

He championed support for micro, small, and medium enterprises (MSMEs) in tourism, initiated sustainability efforts such as introducing electric vehicles and renewable energy at the Tourism Fiji office, and oversaw major events that elevated Fiji’s tourism profile globally.

His leadership helped position Fiji not only as a premier holiday destination but also as a resilient and sustainable tourism model.

His insights at the Morobe Eco-tourism Roundtable will be invaluable for stakeholders aiming to advance eco-tourism and global branding in the Pacific.

We did a feature of Brent earlier on his work on Tourism in Fiji. Read article here-https://exepreneur.com/left-brent-hill-on-guiding-fijis-tourism-future/

28/10/2025

Happy to announce that Brent Hill, the mastermind behind Fiji's extraordinary rise as a global tourism brand, will give a short online presentation during the Morobe Eco-tourism Roundtable on November 29th at Lae International Hotel.

As the CEO of Tourism Fiji from 2020 to 2025, Brent Hill led transformational growth, developing two major strategic corporate plans that boosted visitor arrivals post-COVID to a record exceeding one million. He executed global brand campaigns including the award-winning "Where Happiness Comes Naturally."

He championed support for micro, small, and medium enterprises (MSMEs) in tourism, initiated sustainability efforts such as introducing electric vehicles and renewable energy at the Tourism Fiji office, and oversaw major events that elevated Fiji’s tourism profile globally.

His leadership helped position Fiji not only as a premier holiday destination but also as a resilient and sustainable tourism model.
His insights at the Morobe Eco-tourism Roundtable will be invaluable for stakeholders aiming to advance eco-tourism and global branding in the Pacific.

We did a feature of Brent earlier on his work on Tourism in Fiji. Read article here-https://exepreneur.com/left-brent-hill-on-guiding-fijis-tourism-future/

Born from humble beginnings as the Teachers Savings and Loan Society Limited (TISA), a financial cooperative established...
27/10/2025

Born from humble beginnings as the Teachers Savings and Loan Society Limited (TISA), a financial cooperative established in 1972 to serve Papua New Guinea’s educators, TISA Bank today stands as the country’s first fully homegrown commercial bank.

More than five decades in the making, this institution has evolved from a financial lifeline for teachers into a dynamic banking powerhouse set on transforming the financial landscape for all Papua New Guineans under the visionary leadership of Group CEO Michael O. Koisen OBE ML.

How did they do it? Where are they now and where do they want to go under their visionary leader Koisen?

Read the full article here https://lnkd.in/gCFHpYQH

Photo Credit: Bank

The Fiji Airways has appointed a new CEO. Who is Paul Scurrah, the new CEO who takes over from well known former CEO And...
27/10/2025

The Fiji Airways has appointed a new CEO. Who is Paul Scurrah, the new CEO who takes over from well known former CEO Andre Viljoen?

Find out more about the new CEO here https://lnkd.in/gCdcmREP

Leaders from ASEAN nations and their global partners, including U.S. President Donald Trump, convened in Kuala Lumpur fr...
27/10/2025

Leaders from ASEAN nations and their global partners, including U.S. President Donald Trump, convened in Kuala Lumpur from October 26 to 28 for the 47th ASEAN Summit amid high expectations to address key geopolitical and economic issues.

Trump, attending his first ASEAN summit since 2017, is set to witness the formal signing of an expanded ceasefire agreement between Thailand and Cambodia. This agreement builds on earlier ceasefire efforts brokered with Trump’s involvement after a deadly border conflict in July. Trump praised the outcome, calling it a “significant milestone for all of Southeast Asia.” Cambodian and Thai leaders echoed the historic nature of the pact, which aims to sustain peace and stability in the region.

Alongside security discussions, economic cooperation remains a central focus. The summit is expected to concentrate on US-China trade tensions, with senior US officials engaging in preliminary talks with Beijing ahead of Trump’s scheduled Asia tour. The U.S. delegation, including Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, is pressing China to ease rare earth export curbs and embrace more open trade policies.

Malaysia will also host a summit for the Regional Comprehensive Economic Partnership (RCEP), the world’s largest trade bloc, which includes all ASEAN members plus China, Japan, South Korea, Australia, and New Zealand. The group will consider adding new members and discuss initiatives to enhance regional trade flows.

Another landmark event is ASEAN’s formal admission of East Timor as its 11th member. The poorest nation in Southeast Asia, East Timor first applied in 2011 and was granted observer status in 2022. This marks a major milestone following years of accession efforts.

With a combined population of 680 million and a $3.8 trillion economy, ASEAN remains a vital diplomatic and trade partner. Trump’s participation underscores the US effort to reengage with the Indo-Pacific region amid ongoing global tensions and economic challenges.

Leaders from China, Canada, Brazil, South Africa, Australia, Japan, and others also joined the summit, signaling broad regional and international interest in ASEAN’s evolving role in global affairs.

Photo: Fox News
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Visit our website www.exepreneur.com for more finance, tech, market updates, geopolitics news and exclusive features of business leaders across the Asia Pacific.

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The PNG Business is an innovative technology and business news media company, founded in 2020 around a simple idea: enable PNG entrepreneurs to tell their own stories. We are one of the fastest growing digital platform serving the multifaceted startups and established businesses through original content, video and unique digital experiences.

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