From the President’s Desk – 12th September
Telephones to LCCI Office You are probably wondering why you have not been able to contact to the LCCI Office by Phone. Last week when the phone lines in our vicinity were down, we diverted our main number 472 2340 to a CitiPhone hand held, which allowed people to contact us. However when the lines […]
Newsletter Issue 12th September 2014
Click here for our latest newsletter from 12th September 2014.
Oil Search chief argues for co-operation in developing ‘huge’ gas potential
There is enough gas capacity in PNG for at least three more LNG trains over the next five-to-seven years, according to Oil Search CEO, Peter Botten, who’s called for gas developers to co-operate and share facilities. Papua New Guinea is at ‘the crossroads’ for gas commercialisation, Peter Botten has told the 2014 Papua New Guinea […]
Raft of privatisations to come says PNG Prime Minister
The partial privatisation of Air Niugini will be the first in a series of privatisations. Opening the 2014 Papua New Guinea Advantage Investment and Infrastructure Summit in Port Moresby this week, Prime Minister Peter O’Neill said removing government ownership will reduce waste, inefficiencies and corruption. The time has come, the prime minister told the conference, […]
Private sector operations on ADB agenda
A SENIOR official at the Asian Development Bank has arrived in Papua New Guinea to discuss the bank’s support for private sector development. ADB vice-president Lakshmi Venkatachalam met with senior government officials in Port Moresby and will visit major ADB-funded infrastructure projects including the Lae port tidal basin. She will also participate in a roundtable […]
PNG’s economy remains ‘strong’
PAPUA New Guinea’s economy remains strong, despite the adverse impact of lower commodity prices, the country’s prime minister has said. Prime Minister Peter O’Neill said PNG remained a great country in which to invest and do business. Addressing delegates at the PNG Business Advantage Summit 2014 in Port Moresby, O’Neill said it was the right […]
Newsletter Issue 5th September 2014
Click here for our latest newsletter, issued 5th September 2014.
Updates from Lae Police
Articles provided by Bustin Anzu the Police Media Officer Police cell system launched LAE police has launched its new cell management system this week. The launching of the computerised cell management system will replace the old manual system, which has been cheated and abused by police for so long. Lae Metropolitan Commander Chief Superintendent Iven […]
PNG to support, work with island states
ECONOMIC development, climate change, oceans and sustainable development in Small Island Developing States are the focus of an international conference which kicks off today. Heads of state and international delegates have gathered in Samoa for the third UN Small Island Developing States (SIDS) conference. With an overarching theme of sustainable development through genuine and durable […]
New-Found Woes For Post PNG
SPIN doctors for Public Enterprise Minister Ben Micah and the board and management of Papua New Guinea’s national postal service have gained editorial coverage in PNG’s media to sugar-coat a bad-news situation. According to media reports quoting the Minister, Post PNG has recently been forced into a receivership situation and needed rescuing with its overseer, […]
Five Questions For Steve Hillyard, PNG General Manager At Pronto Software
Businesses in Papua New Guinea want to be able to operate seamlessly in remote locations, and take advantage of the revolution in mobile services, says Pronto Software’s Steve Hillyard. Business Advantage PNG speaks with him about how PNG has become the software company’s second largest market. Business Advantage PNG: Pronto Software has established a strong […]
Steamships Flags Higher Sales,Warns Of Pressures
STEAMSHIPS Trading Company has confirmed a K51.1 million profit for the half year but warned of increasing pressures driven by a slower economy. The Papua New Guinea-based company’s half-year unaudited profit after tax and minority interests marks an increase of 66.1% over the same period in 2013 but a decrease of K12.7m or 19.9% when […]