Westpac’s Senior Economist Justin Smirk has been studying Papua New Guinea’s economy for over 20 years. He recently provided the 2023 Business Advantage Investment Conference with six things businesses should understand about PNG’s economy, as we wait for the next wave of resources investment to begin.
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.
Economist and lecturer Andrew Anton Mako, who left his own rural community at the age of 13 in search of an education, outlines what is needed to reverse the decline of many of Papua New Guinea’s rural communities.
The Bank of Papua New Guinea, the country’s central bank, is undergoing notable changes. Its Chairman, David Toua, comments on what’s behind the changes, the challenges faced by the bank and the road ahead for foreign exchange.
Will Papua New Guinea eliminate its fiscal deficit by 2027? Devpolicy’s Kingtau Mambon and Alyssa Leng analyse debt, budget deficit and ‘glimmers of hope’ to answer this pressing question.
The results of the 2023 PNG 100 CEO Survey, Papua New Guinea’s annual business confidence survey, have been released. Westpac’s Senior Economist, Justin Smirk, draws on 12 years of survey results to highlight the changes in business conditions and the issues faced by business.
Papua New Guinea relies heavily on a limited number of taxpayers. Paul Barker, Executive Director of industry-funded think tank, the Institute of National Affairs, considers the implications for government expenditure and PNG’s foreign exchange situation.
Is Papua New Guinea’s economy set for its next boom? Devpolicy’s Stephen Howes and Alyssa Leng examine the signs of a turnaround.
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.
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.