Papua New Guinea loses 12 places in World Bank’s doing business 2020 rankings

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Papua New Guinea slipped 12 places in the World Bank’s ranking of ease of doing business, but are there any positive signs? David James analyses the report.

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Boardroom briefing: China’s new airport, a social robot could train employees and corporate tax avoidance

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China’s new airport to open in September, a social robot could help train employees in the near future and corporate tax avoidance hits Papua New Guinea. Readings from around the world on business, leadership and management.

Analysis: testing out Papua New Guinea’s new Large Taxpayer Office

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Papua New Guinea’s new Large Taxpayer Office (LTO) has now been in operation for three months. Karen McEntee, Tax Partner at KPMG, checks in to see how it is progressing.

Lifting tax credit scheme to five per cent would see millions added to Papua New Guinea road works, says oil palm leader

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Lifting the tax credit scheme to five per cent would see a big boost in road building and maintenance, according to the General Manager of West New Britain’s Hargy Oil Palms, Graham King.

In brief: Ok Tedi mine may resume operations in March, and other business stories

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The Ok Tedi mine expected to start again in March, the US formally withdraws from fishing treaty, and unions call on government to honour superannuation commitments. Your weekly digest of the latest business news.

The case for reforming Papua New Guinea’s tax regime

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After two years of research and hearings, the PNG Tax Review Committee is due to present its final report to Government next month. PricewaterhouseCoopers PNG’s Jason Ellis looks at the tax reform measures it is likely to recommend.

Support for Papua New Guinea government reforms, but also ‘unease’

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While its aims of encouraging small and indigenous business are universally supported, the Papua New Guinea Government’s recent dealings with investors have created a ‘feeling of unease’ in some business circles.

Double taxation deal with Indonesia

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Indonesia and Papua New Guinea have ratified their double taxation treaty, in a sign of developing closer economic relations.