President’s Desk – 6th June
BEWARE OF PORT MORESBY TAXIS Are you going on a trip to Port Moresby? Then take care if you take a taxi! The Road Safety Inspectors are conducting road safety Inspections in Port Moresby at the moment as they are indeed doing in Lae. There are random road blocks throughout Port Moresby checking vehicles. One […]
Bank of Papua New Guinea intervenes on Kina
The Bank of Papua New Guinea this week made a surprising move to support a weakening currency, at the same time acting to restrict the margins being made by the country’s foreign exchange dealers. Responding to what its Governor Loi M Bakani described as ‘a market failure in the trade and transacting of foreign currency,’ […]
Rising from the ashes – PNGIndustryNews.net
A Lae truck parts supplier has risen from the ashes to be back in business within days of a blaze destroying the company’s warehouse. Transparts International, a supplier of essential truck parts to the PNG resources industry, shifted the business to managing director Justin Connolly’s home as staff worked to ensure customers’ orders were met. […]
Pacific Preparation – PNGIndustryNews.net
Preparations are well underway for the Port Moresby 2015 Pacific Games but the benefits will continue long after the event itself. With more than 3000 competitors, 500 team officials and 1000 technical officials and dignitaries from 21 neighbouring Pacific nations due to converge on PNG’s capital city, organisers have been busy behind the scenes planning […]
Virgin coconut oil given a boost in Papua New Guinea
The European Union and the Secretariat of the Pacific Community have provided assistance to Amruqa – an exporting company in the East New Britain Province of Papua New Guinea – for upgrading its virgin coconut oil processing facility. The upgraded facility will help improve efficiency and enable the company to produce up to ten tonnes […]
Newsletter Issue 30th May 2014
Click here to read our latest updates, from 30th May 2014
Lae Roads Update – 30th May
Dekenai Update: Dekenai have temporally opened the esplanade section past the SP Compound to the Stadium this week, to ease the horrific traffic congestion in the industrial area. This will be closed later for proper line markings, road furniture and drainage works. Shorncliffe Update: Butibam Road: Section closed between Nestle and Able Computing for Pavement […]
From the President’s Desk – 30th May
ROAD CHECKS: Members must be aware that the Road Transport Council Inspectors are currently conducting road blocks in and around Lae, to check on vehicle registrations, licences and the roadworthiness of the vehicles etc. The LCCI commends the RTC for conducting this exercise, as we all sick and tired of seeing far too many vehicles […]
Business Advantage ‘In Brief’ with LCCI Commentary
Last week, Business Advantage News reported on several issues which the LCCI would like to provide further follow up to. Government considers lift in minimum wage Last week, Business Advantage News reported that “Cabinet considers a rise in the minimum wage Papua New Guinea’s cabinet is reportedly considering a recommendation to increase the country’s minimum wage from K2.29 […]
Newsletter Issue 23rd May 2014
Click here for our most recent newsletter, issued 23rd May 2014.
From the President’s Desk
TAXATION REVIEW On Wednesday afternoon Councillor Belinda Edwards officiated on behalf of the Lae Chamber of Commerce at a special session of the Taxation Review meeting Chaired by Sir Nagora Bogan CBE, for the Lae Chamber of Commerce members. Belinda said the meeting was good, particularly as it was a small group of 11 members […]
Lae Roads Update – 23rd May
DEKENAI UPDATE: The following update was received by the LCCI from Dave Howell, Commercial Manager of Dekenai Constructions. Dekenai Constructions Ltd has finished over 70% of Aircorps Road and we are on target to complete work within our contract period. We are aware of the inconvenience presently being experienced by businesses in the Lae Industrial […]
