Waiting times on foreign exchange orders have been falling substantially on central bank interventions and other factors, senior representatives of BSP Financial Group, Kina Bank and Westpac Papua New Guinea reveal to Business Advantage PNG.
Doing Business in Papua New Guinea
Business Advantage PNG looks to the year ahead and considers what Papua New Guinea-focused businesses can expect in the coming 12 months.
The Governor of Bank of Papua New Guinea has forecast a recovery for the country’s economy of 2.5 per cent after the sharp contraction of 2020. But he says the national budget and PNG’s foreign exchange reserves will remain under pressure.
A profile of the energy sector in Papua New Guinea, including an overview, key players, peak bodies, funding sources and incentives.
Papua New Guinea’s Prime Minister, James Marape, has outlined his government’s goals for 2021, including building up infrastructure, undertaking ‘Budget repair’ and exploring ways to invest in domestic businesses.
Employment of non-National spouses and dependents, education and health for those seeking to live and work in Papua New Guinea.
An overview of the cost of living and working in Papua New Guinea, including prices, shopping, communications, banking and motor vehicles.
An overview of accommodation and real estate for those looking to live and work in Papau New Guinea.
An overview of employment contracts, industrial relations, superannuation and cultural factors related to living and working in Papua New Guinea.
An overview of the regulations and application procedures for work-related visas in Papua New Guinea, including business visas, restricted entry visas, and APEC visas.