The first National Budget of the returned Marape Government predicts record government revenues and expenditure in 2023, with significant increases in spending on infrastructure, law and order, education and health.
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Opening the 16th Papua New Guinea Mining and Petroleum Investment Conference in Sydney, Prime Minister James Marape has warned investors that changes are coming to Papua New Guinea’s resources regime.
Next month’s 16th Papua New Guinea Mining and Petroleum Investment Conference in Sydney (5 to 7 December) will mark the event’s return for the first time since the COVID-19 pandemic. Business Advantage PNG previews what to expect.
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.
IHG (Intercontinental Hotels Group) PNG is represented by the Holiday Inn Suites, Holiday Inn Express and the Crowne Plaza Residences in Port Moresby. We sat down with IHG’s Area General Manager Mauro Leone to see how the group is trading — and what he expects from the year to come.
With key Pacific economies such as Fiji and the Solomon Islands now opened up after COVID, what opportunities do they offer Papua New Guinea-based businesses, and what are the keys to success? Some experts provide their insights.
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.
The Bank of Papua New Guinea expects a ‘windfall’ from higher international commodity prices to alleviate some of the country’s foreign exchange shortages. However, anecdotal evidence suggests the forex situation is actually getting worse.
Vele Rupa was recently appointed as the new General Manager–Corporate Affairs at Steamships. He chats with Business Advantage PNG about his new role, the opportunities he sees in the market and what lies ahead for the company.
Improved internet services in Papua New Guinea present businesses with opportunities to transform the way they work. Amazon Web Service’s Craig Lawton offers some timely on what ‘the cloud’ can offer.