The Asian Development Bank approves a multi-million kina investment in telecommunications in Papua New Guinea, Investment Promotion Authority looks to make doing business easier, and Fortescue Metal Group announces plans for hydropower projects in PNG. The business news you need to kickstart your week.
Foreign investment in Papua New Guinea falls as Minister flags new laws
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3 Aug 2020 by 6 Comments
Foreign direct investment into Papua New Guinea dropped in the first quarter of 2020, according to Investment Promotion Authority figures. Meanwhile, business expresses concern over proposed changes to PNG’s investment laws.
A review of Papua New Guinea’s proposed legislative reforms
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26 Feb 2020 by Leave a Comment
Proposed legislative reforms related to foreign investment, land, and arbitration in Papua New Guinea.
Forms of investment in Papua New Guinea explained
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26 Feb 2020 by 1 Comment
An introduction to the business structures foreign investors need to know to conduct business in Papua New Guinea, including how to register as a foreign company.
Foreign investment law and policy in Papua New Guinea
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26 Feb 2020 by Leave a Comment
An overview of the foreign investment law and policy in Papua New Guinea including certification, reserved activities and guarantees.
In brief: Prime Minister of Papua New Guinea reshuffles Cabinet and other business stories
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11 Nov 2019 by Leave a Comment
Papua New Guinea’s Cabinet gets a major reshuffle, the United States withdraws from the Paris Agreement, and over 5,000 companies in PNG could have been put on notice for not filling their annual returns. Your weekly digest of business news.
Opinion: five things the Marape Government can do to foster economic recovery in Papua New Guinea
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1 Sep 2019 by 11 Comments
What can the Prime Minister and his team do to support a sustained recovery? ANU’s Stephen Howes offers his suggestions.
Investment Promotion Authority reveals guidelines for changes to foreign investment in Papua New Guinea
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1 May 2019 by Leave a Comment
Papua New Guinea’s foreign investment laws are under review, with the government trying to balance the interests of local businesses and foreign investors. David James looks at what is being proposed so far.
Papua New Guinea proposes foreign investment reforms
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6 Feb 2019 by 3 Comments
Last month, the Papua New Guinea Government tabled the Foreign Investment Regulatory Authority Bill in Parliament. What is the bill designed to achieve and why is the business community concerned? Business Advantage PNG investigates.
Companies investing locally this year but will switch to starting up new operations next year, according to round table
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21 Aug 2018 by Leave a Comment
Companies are reducing the size of the businesses, now using excess capital to acquire domestically but may be switching to starting up operations next year. They were some of the observations in a round table discussion on Papua New Guinea’s investment environment at the Business Advantage Invest Forum in Brisbane.
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