Is it now or never for Papua New Guinea’s Sovereign Wealth Fund? Alyssa Leng and Stephen Howes of the Australian National University’s Development Policy Centre tell us what could be lost if PNG doesn’t act now.
Papua New Guinea’s Sovereign Wealth Fund: the clock is ticking [analysis]
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18 Nov 2022 by Leave a Comment
In brief: Broadening of Papua New Guinea tax base predicted, and other business stories
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6 Dec 2017 by Leave a Comment
Future Budgets expected to see significant tax changes, Sovereign Wealth Fund to be finalised in 2018, and PNG Air enters freight market. Your weekly digest of the latest business news.
In brief: Tenders out for Highlands Highway upgrade, and other business stories
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17 May 2017 by Leave a Comment
Government puts out tenders for the first part of a K3 billion Highlands Highway upgrade, demand for foreign currency falls, and report that 31 per cent of log exports from illegal SABLs.
Commodity price falls creating currency volatility, says analyst
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12 May 2016 by Leave a Comment
The kina has fallen in value this year, but Papua New Guinea’s dependence on commodity exports means that it can be expected to fall further, says Rohan Fox, Lecturer and Research Fellow at the University of Papua New Guinea’s Division of Economics. He tells Business Advantage PNG that the country faces a difficult task managing the impact of sharp fluctuations in commodity prices.
In brief: Papua New Guinea government suspends vegetable import ban, and other business stories
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27 Jan 2016 by
Ban imported vegetables suspended for three months, Mainland CEO calls for tougher bio security measures, and Oil Search confident, despite low oil prices. Your weekly digest of the latest business news.
In Brief: Papua New Guinea Budget deficit rises to 9.4% of GDP, and other business stories
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5 Aug 2015 by
Treasury says Deficit rises to 9.4% of GDP, foreign advisers ban, and parliament passes Sovereign Wealth Fund bill. Your weekly digest of the latest business news.
In brief: Sovereign Wealth Fund & Corruption Commission legislation before parliament, and other business news
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22 Jul 2015 by Leave a Comment
Proposed Sovereign Wealth Fund reaches third reading stage, Air Niugini ‘on track’ for 50% sell-off, and second LNG plant to create 10,000 jobs. Your weekly digest of the latest business news.
Accountability the key to success of Papua New Guinea’s Sovereign Wealth Fund
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25 Feb 2015 by Leave a Comment
Papua New Guinea’s Parliament is likely to approve establishing the long-awaited Sovereign Wealth Fund by June, after unanimously voting for its enactment at its first reading last week.
In brief: Air Niugini expands services with Melanesian partnership, and other business stories
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18 Feb 2015 by
Air Niugini secures agreement with Air Vanuatu and Solomon Airlines, Cue Energy rejects takeover offer, and Steamships closes Highlands Highway operations. Your weekly digest of the latest business news.
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