O’Neill appoints new Treasurer, a new Chair of the Securities Commission, Air Niugini appoints first woman to head a subsidiary, Ramu landowner board appointments, new partner at KPMG, a new CEO at Akzo Nobel, and a Group Operations Manager at Pacific Foam Group
People moves: Interim Cabinet appointments, Air Niugini, Securities Commission of PNG, Maigari Limited, KPMG, Akzo Nobel (PNG), Pacific Foam Group
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8 Aug 2017 by
Global mining major needed to re-open Bougainville’s Panguna copper mine?
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18 Jul 2017 by Leave a Comment
Funding the re-opening of the Panguna copper mine is a key concern for a newly-formed Joint Committee of landowners, BCL and governments, says Bougainville Governor, John Momis. Independent analysts believe it is likely to come from one of the global mining majors.
People moves: Paradise Foods, Bank of Papua New Guinea, KPMG, NASFUND
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24 Jan 2017 by Leave a Comment
Managing Director of Paradise Foods steps down, Bakani re-appointed as Central Bank Governor, KPMG appoints a new Managing Partner, four new NASFUND executives.
Signs of real recovery as big money shows interest in large resource projects
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14 Dec 2016 by Leave a Comment
Sovereign wealth funds, private equity and ‘mega-families’ are showing a growing interest in investing in large resource projects, according to Graham Smith, Global Leader Mining M&A at KPMG Corporate Finance in Australia. The PNG Mining and Petroleum Investment conference was told that investment, debt and equity markets are showing signs of improvement.
People moves: Anitua, KPMG, Coffee Industry Corp
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8 Nov 2016 by
A new Chief Executive Officer at Anitua, new senior appointments at KPMG, board appointments for Coffee Industry Corp
Papua New Guinea’s 2017 National Budget flags business tax changes and cuts to infrastructure, education and health spending
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2 Nov 2016 by Leave a Comment
The 2017 Federal Budget announces complex changes in company taxation arrangements. Spending on infrastructure, health and education will be cut, and there are signs that funding government debt may prove increasingly challenging.
People moves: KPMG, Prime Minister’s office, Business Advantage International, PNG Royal Constabulary
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10 Feb 2016 by Leave a Comment
Retirement at KPMG, a new Chief Secretary to the PM, new Managing Editor for Business Advantage International and a deputy police commissioner appointed
Record Budget and higher deficit feature in 2015 Papua New Guinea Budget forecasts
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19 Nov 2014 by 5 Comments
The Papua New Guinea Treasurer Patrick Pruaitch has presented a record K16 billion national budget for 2015, but with an increased deficit of K2.272 billion.
The minimum wage increase: relief possible for some businesses
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23 Jul 2014 by Leave a Comment
Worried about the impact of the new minimum wage? The agriculture sector and struggling businesses can apply to pay less than the latest increase, according to analysis provided to Business Advantage PNG by KPMG’s Port Moresby office.
Business gets serious about Papua New Guinea tax review
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12 Feb 2014 by 4 Comments
Business in Papua New Guinea is now starting to focus on the looming deadlines for the country’s taxation review – a review that could have major implications for business, including the country’s resources sector.
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