Analysis: new personal property security register a must for Papua New Guinea businesses

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The Personal Property Security Act 2011 (PPSA) is expected to commence operation in PNG in the first half of this year. It is a significant legislative change that will affect many Papua New Guinea businesses.

In brief: Mining resumes at the Porgera gold mine following partial closure, and other business stories

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Suspension of operations at Porgera mine lifted after 16 days, consumers to wait for imported vegetables, and Woodside reiterates ‘fairness’ of Oil Search takeover offer. Your weekly digest of the latest business news.

New prudential rules for the finance industry – opportunity or expensive overhead?

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Commercial lawyer Steven Kami says PNG’s superannuation and life insurance sectors are worried about the effect of the new prudential standards on corporate governance, and in particular the effect on eligible directors.

What to do if you have a commercial dispute in Papua New Guinea

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Regardless of your field of business in Papua New Guinea, you need to know what to do when there is a dispute over a contract. Veteran commercial disputes lawyer, Erik Andersen, looks at the major avenues for dispute resolution in PNG. The rapid increase in economic activity in PNG over the last several years has […]