In a repeat of last year, the 2025 Budget delivered by Papua New Guinea Treasurer Ian Ling-Stuckey outlines record spending and revenue. It also contains a few policy surprises, including a proposed reduction to the company tax rate paid by commercial banks as well as easing of a key paperwork requirement for obtaining foreign exchange.
Papua New Guinea’s 2025 National Budget: what’s in it for business?
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4 Dec 2024 by Leave a Comment
People moves: Kina Securities Limited, BSP Financial Group, POMCCI
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14 Aug 2024 by Leave a Comment
New Director for Kina Securities Limited, changes in BSP’s executive management team, new CEO for the Port Moresby Chamber of Commerce and Industry.
People moves: Niusky Pacific, NAC, BSP, Chamber of Mines and Petroleum, Pacific Re, Kina Bank
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9 May 2023 by Leave a Comment
Niusky Pacific announces Acting Chief Executive Officer, the National Airports Corporation welcomes Acting Managing Director, BSP Financial Group appoints new Group Chief Operating Officer, the Chamber of Mines and Petroleum confirms council members for the new term, Pacific Re farewells Chief Executive Officer, and a board change at Kina Bank.
People moves: Kina, TISA, Pacific Islands Forum, National Fisheries Authority, Mayur Resources
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3 Aug 2022 by Leave a Comment
Kina Securities announces changes to its Executive Management Team, TISA Community Finance welcomes new Chairman, Pacific Islands Forum Secretariat has a new PA Officer, a change to the board at Mayur Resources, and National Fisheries Authority welcomes Managing Director.
In brief: PNG Tourism Promotion Authority reveals exit survey numbers and other business stories
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19 Apr 2021 by Leave a Comment
Papua New Guinea’s Tourism Promotion Authority reveals bleak outcome for 2020, Kumul Petroleum Holdings gets three petroleum retention licenses and new equity holders for PNG LNG. The business news in brief.
Commodities update: palm oil reverses trend, LNG soars but oil continues to weaken
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28 Oct 2020 by Leave a Comment
LNG prices continue to surge and are now up by over a third this year. But oil prices eased and cocoa prices also fell slightly. Business Advantage PNG’s monthly review of commodity and financial markets.
LNG prices bounce back
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31 Aug 2020 by Leave a Comment
LNG prices have surged clawing back earlier losses, while the oil price is steady and cocoa is also strong: Business Advantage PNG’s monthly overview of commodity and financial markets.
Metals, coffee and oil rebound: a silver lining for Papua New Guinea’s commodity and financial markets
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29 Jul 2020 by 1 Comment
The silver price takes off and LNG also surges. Coffee is also up sharply and oil is steady. Business Advantage PNG’s monthly overview of commodity and financial markets.
Oil rebounds, LNG stabilises and palm oil up: our monthly review of Papua New Guinea’s commodities and financial markets
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27 May 2020 by Leave a Comment
The oil price has been extremely weak but the fall in LNG prices has stabilised and palm oil is up: a monthly review of Papua New Guinea’s commodities and financial markets. Business Advantage PNG’s monthly overview of commodity and financial markets.
LNG price tumbles further, while gold and cocoa rise
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25 Feb 2020 by 1 Comment
Oil and gas prices both fell this month, with LNG dropping particularly sharply, while gold and cocoa are holding their own in a tough market for commodities.
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