The Investment Promotion Authority has released data on foreign investment trends in 2020 that show the sector of most interest was agriculture. Despite the impact of COVID-19 there was significant investor interest.
Investment Promotion Authority (IPA)
The Asian Development Bank approves a multi-million kina investment in telecommunications in Papua New Guinea, Investment Promotion Authority looks to make doing business easier, and Fortescue Metal Group announces plans for hydropower projects in PNG. The business news you need to kickstart your week.
Foreign direct investment into Papua New Guinea dropped in the first quarter of 2020, according to Investment Promotion Authority figures. Meanwhile, business expresses concern over proposed changes to PNG’s investment laws.
Proposed legislative reforms related to foreign investment, land, and arbitration in Papua New Guinea.
An introduction to the business structures foreign investors need to know to conduct business in Papua New Guinea, including how to register as a foreign company.
An overview of the foreign investment law and policy in Papua New Guinea including certification, reserved activities and guarantees.
Papua New Guinea’s Cabinet gets a major reshuffle, the United States withdraws from the Paris Agreement, and over 5,000 companies in PNG could have been put on notice for not filling their annual returns. Your weekly digest of business news.
What can the Prime Minister and his team do to support a sustained recovery? ANU’s Stephen Howes offers his suggestions.
Papua New Guinea’s foreign investment laws are under review, with the government trying to balance the interests of local businesses and foreign investors. David James looks at what is being proposed so far.
Last month, the Papua New Guinea Government tabled the Foreign Investment Regulatory Authority Bill in Parliament. What is the bill designed to achieve and why is the business community concerned? Business Advantage PNG investigates.