Businesses are able to operate in Papua New Guinea in the forms of: sole proprietor; partnership; joint venture; trust; or company. This list is not exhaustive, as PNG landowners are allowed to form companies or trusts to hold their interest in resource projects. There are specific rules for such entities. CORPORATE ENTITY REGULATIONS Most...
As one of the world’s last frontier destinations, but with limited national transport infrastructure and a challenging geography, much of Papua New Guinea is inaccessible except by sea. This has played to the cruise industry’s advantage, given the modern, self-contained transport, accommodation and catering facilities offered by this style of...
What specific initiatives are being pursued in 2012 to reduce overall costs of air transportation?
Improving gender ratios in the national education system is of prime concern in PNG, where male students generally outperform their female counterparts in most areas. Girls tend to drop out of school on average two years before boys; and in some provinces illiteracy rates are nearly twice as high among female adults as among males. Thus, reducing...
Over the past 36 years since gaining independence, Papua New Guinea’s judiciary has faced numerous challenges in the country’s constitutional development. Time and again, such challenges have been met, and the judiciary has not ignored its responsibility to administer fair and unbiased justice.
As the world grapples with fuel and energy shortages, countries like PNG, with huge deposits of minerals and hydrocarbons, are benefitting greatly. The government’s efforts to attract foreign investment and skills by providing direct assurance and various tax incentives has caught the attention of the international business community, which has...
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