Papua New Guinea’s Mid-Year Economic and Fiscal Outlook shows inflation slowing, Airbus wins race to replace Air Niugini fleet, while Securities Commission revokes Melanesian Trustee Services Limited’s trustee license. Your business news in brief.
In brief: Papua New Guinea SOEs’ tax debt close to K700 million and other business stories
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4 Aug 2021 by 1 Comment
The Internal Revenue Commission’s potential plans for state-owned enterprises debt to be repaid, Fiji welcomes Kina Bank, and Link PNG’s proposed acquisition of PNG Air rejected again. The business news you need to know today.
In brief: IRC turns ‘spotlight’ on logging sector and other business stories
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10 May 2021 by Leave a Comment
The Internal Revenue Commission to audit logging companies claiming GST, SP Brewery gets international recognition and PNG DataCo launches COVID-19 website. The business news in brief.
In brief: K100 million for Ihu Special Economic Zone and other business stories
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18 Jan 2021 by Leave a Comment
Ihu Special Economic Zone gets funds, Prime Minister Marape urges national to go into small agriculture businesses and the Internal Revenue Commission opens an office in Jiwaka Province. Business news to stay on top.
People moves: Internal Revenue Commission
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27 May 2020 by Leave a Comment
Papua New Guinea’s Internal Revenue Commission has announced the appointment of an Acting Commissioner of Tax.
In brief: Wafi-Golpu negotiations to resume and other business stories
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18 May 2020 by Leave a Comment
PNG’s Prime Minister green-lights Wafi-Golpu negotiations, Twinza’s Pasca A project is next on the government’s list and Vision City Mega Mall announces rent assistance for businesses. The business news you need to kickstart your week.
People moves: Internal Revenue Commission, Westpac, Easy Skill PNG
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28 Jan 2020 by Leave a Comment
The Internal Revenue Commission confirms Commissioner General, Westpac welcomes a new Chairman and Easy Skill PNG appoints a Business Manager.
In brief: new export tax levy could break the forestry industry and other business stories
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27 Jan 2020 by Leave a Comment
Forestry industry says new export tax levy could spell the end, Wafi-Golpu Joint Venture to lay off employees and P’nyang negotiations edge towards deadline. The business news you need to kick-start your week.
Exclusive: Acting Tax Commissioner reveals the IRC’s plans to boost tax compliance
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26 Nov 2019 by 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.
In Brief: Government to review resource laws next year, and other business stories
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30 Sep 2019 by Leave a Comment
Review of Mining Act next year, acting Tax Commissioner warns of criminal action against companies not forwarding taxes to government and wholesale internet prices may drop by two-thirds. Your weekly digest of business news.
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