Foreword
On a quarterly basis, starting this month, our monthly PNG focused Kundu newsletter will be replaced with Kundu & Lali, a newsletter focused on the investment and business landscape of the South Pacific region.
In this edition, we explore the rise in the Business Processing Outsourcing (BPO) sector in Fiji. Over the past decade, Fiji has emerged as a competitive player in the global BPO market, leveraging its strategic advantages to carve out a niche in this dynamic industry. The establishment of the Fiji BPO Council (BPOC) and the expansion of services beyond call centres have been pivotal in this growth.
We also explore the recent developments in Papua New Guinea's monetary policy and the implications of the new Income Tax Bill 2025. The Bank of Papua New Guinea's Monetary Policy Committee (MPC) has made significant strides in promoting transparency and addressing inflationary conditions. The new Income Tax Bill represents a comprehensive modernization of the country's tax framework, aligning it with international standards while addressing PNG-specific economic conditions.
Whether you are an experienced investor or new to the market, we hope this newsletter will inspire and inform your investment and business decisions. We are committed to providing you with the latest insights and analysis to help you navigate the opportunities and challenges in the South Pacific region.
The Business Process Outsourcing (BPO) Sector in Fiji: A Promising Industry
by Anare Manulevu, Partner, Advisory Services
Over the past decade, Fiji has emerged as a competitive player in the global Business Process Outsourcing (BPO) market, leveraging its strategic advantages to carve out a niche in this dynamic industry. In 2017, stakeholders formed the Fiji BPO Council (BPOC), also known as Outsource Fiji, to guide the industry's development.
MPC Meeting March 2025: Key Decisions and Transparency
by Avhatakali Mugeri, Manager, Advisory Services
The first meeting of the Bank of Papua New Guinea’s Monetary Policy Committee (MPC) was held in March 2025 and the detailed minutes shared publicly. This reflects the greater transparency promoted under the recent amendments to the Central Banking Act.
Other topics covered include:
KPMG Kundu & Lali newsletter series
Learn about key regulatory and geopolitical issues affecting the business entities in the South Pacific region.