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.
There is a “a wave of regulation on climate disclosure coming into effect all over the world,” including in all Papua New Guinea’s major trading partners, reports Geri McMahon, KPMG Australia’s Global Head of ESG, Asset Management Sector. Watch her presentation on what business needs to know from the 2024 Business Advantage PNG Investment Conference.
Geopolitics is increasingly having an impact on businesses in Papua New Guinea across all sectors. In this piece, the team at KPMG Australia’s Geopolitics Hub shares their top eight geopolitical risks for PNG businesses to watch out for.
The decarbonisation of the global economy is going to create the greatest investment opportunity of our lifetime, according to KPMG’s Global Oil and Gas Lead, Jonathan Parker. But how do companies prepare, and what role does government have in making it happen?
New Partner at KPMG PNG, CTSL announces new Chair and board, the National Agricultural Research Institute has a new Director-General, new directors at FinCorp, and Mayur Resources’ cement project gets its own CEO.
Cybercrime is as alive in Papua New Guinea as it is in the rest of the world. Happymabel Ketias-Zingunzi, Associate Director, Advisory Services at KPMG PNG, analyses some common cybersecurity risks and provides advice to protect sensitive data.
KPMG announces changes in leadership roles, Air Niugini has a new Acting GM and inaugural Trade Commissioner for the Pacific appointed.
Last month, Papua New Guinea’s Parliament certified a revised Companies Act. What does this mean for business in PNG and when will the new amendments come into force? Cieran Kelly, Senior Tax Consultant, Tax, Transactions & Accounting and KPMG, explains.
New Senior Partner at KPMG PNG and an inaugural Executive Director at the American Chamber of Commerce Coral Sea.
Most successful organisations have one thing in common: a clear strategy plan. Wayne Osterberg, Director, Advisory Services at KPMG Papua New Guinea, shares with us his tips for defining and implementing a strategy plan for any organisation.