by DevNadkarni | May 15, 2025 | 2025, Blog, News
In April 2025, the United States imposed a 10 per cent tariff on all goods exported from Papua New Guinea, catching many Pacific Island economies off guard. The move, which was part of broader U.S. trade policy re-calibrations, was seen as an effort to protect...
by DevNadkarni | May 15, 2025 | 2025, Blog, News
The 2025 National Budget of Papua New Guinea has introduced one of the most SME-friendly fiscal frameworks in the country’s recent history. Delivered by Treasurer Ian Ling-Stuckey, the budget includes simplified tax requirements, targeted incentives, and continued...
by DevNadkarni | Apr 14, 2025 | 2025, Blog, News
The Green Finance Summit 2025, held from March 24–26 at the Hilton Hotel in Port Moresby, marked a pivotal moment in Papua New Guinea’s commitment to sustainable economic development. Organised by the Green Finance Centre (GFC) under the auspices of the Bank of...
by DevNadkarni | Apr 14, 2025 | 2024, 2025, News
Papua New Guinea’s Minister for Petroleum, Jimmy Maladina, has extended a formal invitation to one of the world’s largest construction and infrastructure firms, the China State Construction Engineering Corporation (CSCEC), to consider investment opportunities in Papua...
by DevNadkarni | Apr 14, 2025 | 2025, Blog, News
Papua New Guinea’s Parliament unanimously passed the long-awaited Income Tax Bill 2025 on 20 March, marking a major milestone in the country’s tax reform agenda. The new Income Tax Act (ITA), effective from 1 January 2026, introduces several structural and...
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