Papua New Guinea’s new Prime Minister James Marape has given the first indications of the changes his government will be making to the country’s business environment.
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James Marape, Papua New Guinea’s new Prime Minister, made his maiden address as premier to Parliament today. This is an edited transcript* of his speech, which outlined his aspirations for the country and his new government.
Papua New Guinea has a new Prime Minister, James Marape, but the ruling People’s National Congress-led Government appears to have survived.
Papua New Guinea’s Prime Minister Peter O’Neill has formally tendered his resignation to the country’s Governor-General, Sir Bob Dadae, this morning. The resignation paves the way for Parliament to elect a new Prime Minister. Time will tell if it’s also the end of the People’s National Congress-led government, which has governed Papua New Guinea since 2011.
Less than 5 per cent of Papua New Guinea businesses getting foreign exchange when they need it: poll
As far as business is concerned, Papua New Guinea’s foreign exchange challenges are far from over. That’s according to an exclusive Business Advantage PNG poll, which indicates the majority of businesses are still experiencing significant delays in meeting their foreign currency needs.
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IAG Global welcomes a new Global Chairman of the Board.