PNG’s Kina Bank K30m venture faces tax threat
Kina Bank’s plan of a K30 million (US$8.5 million) investments to extend operations across Papua New Guinea is now threatened by the
February 2, 2023
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Kina Bank’s plan of a K30 million (US$8.5 million) investments to extend operations across Papua New Guinea is now threatened by the
The Cook Islands government has paid $5.4 million (US$3.5 million) to Air New Zealand following a High Court case in Rarotonga. The
Two major commercial banks in Papua New Guinea have opposed the 45 percent tax on the banking sector to come into effect
Gender inclusion, climate change and little capacity to digitalise processes are some emerging tax challenges faced in the Asia-Pacific region, heads of
The Palau Public Utilities Corporation (PPUC) has expressed concerns on the country’s new tax law on goods and services. PPUC says the
Puma Energy PNG cannot possibly sustain its business if the foreign exchange (FX) issues remain unresolved, its country manager Hulala Tokome warned.
The Bank South Pacific Financial Group Limited (BSP) has declared a substantially lower net profit of K69 million (US$19 million) from K259
Digicel is considering an appeal against a “sudden, bizarre and unprecedented” new tax announced by the Papua New Guinea government.
Papua New Guinea businesses were taken off guard last week following Government’s announcement on the 10% removal of Good and Services Tax
The contentious PNG company tax or ‘super tax’ on the country’s big players in the banking and telecommunication sectors finally got the
Papua New Guinea’s Parliament may consider some changes to the market concentration levy, or so-called ‘super tax’ this week.
Solomon Islands has lost millions of dollars in tax revenue as a result of the recent COVID-19 lockdowns imposed at the beginning
