Lae Chamber of Commerce

The Pro-Active Voice of the Morobe Business Sector

LCCI Logo 2021

Author: The Editor

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 […]

ANZ Suggests A PNG Government Bond Issue To Finance Deficit Spending

The Papua New Guinea economy faces a conundrum: how to finance deficit spending as cheaply as possible. ANZ analysts suggest a global bond issue as a solution. At the same time, ANZ CEO Mike Smith urges a national discussion about how to capitalise on the Asian Century. ‘I hold a bullish view about PNG’s future,’ […]

PNG Vows To Meet Law And Order Challenge

PAPUA New Guinea’s national government says it will improve law and order following the release of a World Bank Group report which warned high rates of crime and violence are slowing business expansion and hampering the country’s economic development. PNG asked the World Bank to assess the social and economic costs of crime and violence […]

Dancing Around The Issue

ABOLISHING fly-in, fly-out employment would have detrimental effects for Papua New Guinea’s mining industry, an Australian junior has warned. While applauding the PNG government’s determination to consult industry ahead of changes to the constitution regarding resources ownership, Highlands Pacific CEO John Gooding warned of potential ramifications of changing fly-in, fly-out rules. As PNG mining minister […]

Treasury report shows that PNG’s budget situation is over-stretched

OVER recent months, a few morsels of information have come to light suggesting that the financial situation is tightening around the government of Papua New Guinea. Now with the benefit of the Treasury’s mid-year report we have a much clearer picture. As expected, it’s not pretty. What we see is a government struggling to play […]