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...
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...
A decade of solid growth on the back of high commodity prices, strong financial institutions and ExxonMobil’s $15.7bn investment in a liquefied natural gas (LNG) production facility have transformed Papua New Guinea’s economy. Confidence remained high ahead of elections in 2012, despite the political volatility, and the property market, a weather...
With a largely untouched environment and rich biodiversity, alongside a rich, varied tribal heritage, Papua New Guinea is a perfect fit for community-based ecotourism. Under the auspices of the 2006 Tourism Master Plan (TMP), budgeted for full implementation in 2013, protection and sustainable management of these cultural resources is enshrined as...
Boosting access to education and its facilities in PNG’s remote rural communities is an ongoing challenge. Roughly 85% of the population resides outside of urban centres, many in small villages and hard-to-reach areas. PNG’s notoriously rough terrain and underdeveloped transport networks mean that many communities do not have easy access to schools...
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