Economy/Investment

Exclusive: Acting Tax Commissioner reveals the IRC’s plans to boost tax compliance

26 Nov 2019 by Business Advantage PNG Leave a Comment

Papua New Guinea’s tax agency, the Internal Revenue Commission (IRC), has announced a tax amnesty to encourage the payment of taxes. In this exclusive interview with Business Advantage PNG, Acting Tax Commissioner Sam Koim reveals the IRC’s plans to boost tax compliance.
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Papua New Guinea loses 12 places in World Bank’s doing business 2020 rankings

18 Nov 2019 by David James Leave a Comment

Papua New Guinea slipped 12 places in the World Bank’s ranking of ease of doing business, but are there any positive signs? David James analyses the report.
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One country, two economies: Papua New Guinea’s economic paradox

6 Nov 2019 by David James 1 Comment

Is Papua New Guinea better understood as two economies rather than one? Two economists examine the complexity of the country’s position.
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Oil, LNG and metals prices have all been strong: a monthly review of Papua New Guinea’s commodity and financial markets

30 Oct 2019 by David James Leave a Comment

Oil and gas have performed strongly, and there is also an upward trend in metals prices. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
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Papua New Guinea’s economy remains broadly positive despite slow economic growth forecast for 2020

28 Oct 2019 by David James Leave a Comment

Economists have cut forecasts for Papua New Guinea's 2020 GDP growth but there is a consensus that the slowing will only prove to be temporary. David James explores three new views of PNG's economy in 2020 and beyond.
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What the future holds for Papua New Guinea’s stock market

23 Oct 2019 by David James Leave a Comment

What is the future of Papua New Guinea’s stock market? PNGX Chairman David Lawrence believes there is an opportunity to expand the country’s capital markets, while changes to the regulator are also expected. David James explores.
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Supplementary budget imposes greater austerity on Papua New Guinea’s economy

14 Oct 2019 by David James Leave a Comment

The Papua New Guinea government has brought down a supplementary Budget to address what it described as a 'record budget deficit.' The Minister for Treasury, Ian Ling-Stuckey, claimed it is necessary to get the Budget within sound fiscal limits.
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The export markets that matter to Papua New Guinea – and how they are changing

9 Oct 2019 by David James Leave a Comment

What's happening in Papua New Guinea’s three most important export markets? Demographer Bernard Salt says social trends in China, Australia and Japan will affect the business they do with PNG in the future, and present new opportunities.
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What Papua New Guinea’s central bank is saying about the economy

4 Oct 2019 by David James Leave a Comment

Ahead of this week's expected Supplementary Budget, the Bank of Papua New Guinea’s September Monetary Policy Statement points to continued financial pressures, despite a strong trade performance. David James considers what it means for foreign exchange and domestic demand.
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Focus moves to P’nyang agreement after government endorsement of Papua LNG

2 Oct 2019 by David James 1 Comment

After the government’s endorsement of the Papua LNG Gas Agreement in September, attention has shifted to achieving a deal for the P’nyang gas project. Its developers see its pending approval as a prerequisite for the commencement of Papua LNG.
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Four questions with Chris Riddell, keynote speaker at 2024 PNG Investment Conference
Chris Riddell, renowned futurist and former Chief Digital Officer at Mars, tells Business Advantage PNG why the chaos of our modern world presents an excellent opportunity for business leaders. Business Advantage PNG (BAPNG): What are the key things business leaders tell you they are worried about as far as the future is concerned? Chris Riddell […]
Registrations are open 2024 Papua New Guinea Investment Conference
Registrations are now officially open for the 2024 Business Advantage Papua New Guinea Investment Conference. The conference will take place in Brisbane, 12 and 13 August, at the premium Plaza Auditorium at Brisbane Convention and Exhibition Centre, South Brisbane. On Day 1 the futurist Chris Riddell, former Chief Digital Officer at Mars will deliver the keynote address. On Day 2 Matt Dri, Secretary, Cyber […]
Papua New Guinea’s premier business magazine to publish a special mining and energy edition
With a strong decade on the horizon for mining and energy in Papua New Guinea, Business Advantage PNG is set to publish its first special edition devoted solely to these sectors. As PNG’s resources sector gears up for an anticipated decade or more of new investment, with an estimated US$50 billion pipeline of projects lined […]

Economy/Investment

Exclusive: Acting Tax Commissioner reveals the IRC’s plans to boost tax compliance

Papua New Guinea loses 12 places in World Bank’s doing business 2020 rankings

One country, two economies: Papua New Guinea’s economic paradox

Oil, LNG and metals prices have all been strong: a monthly review of Papua New Guinea’s commodity and financial markets

Papua New Guinea’s economy remains broadly positive despite slow economic growth forecast for 2020

What the future holds for Papua New Guinea’s stock market

Supplementary budget imposes greater austerity on Papua New Guinea’s economy

The export markets that matter to Papua New Guinea – and how they are changing

What Papua New Guinea’s central bank is saying about the economy

Focus moves to P’nyang agreement after government endorsement of Papua LNG

Editor’s picks

Industry update: Papua New Guinea’s mining and gas project pipeline starts to flow

Exclusive: Barrick CEO Mark Bristow’s vision for Porgera gold mine

Report from the 2024 Papua New Guinea Investment Conference

Australia’s new Pacific Engagement Visa an ‘opportunity’ for PNG businesses

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