The Pro-Active Voice of the Morobe Business Sector

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Pngindustrynews.net – Visa process is ‘an irritant’

VISA entry processes dominated the opening speeches at the Australia Papua New Guinea Business Forum, with PNG Prime Minister Peter O’Neill saying the irritating process was “more difficult than ever before”.Addressing delegates at the event in Cairns, O’Neill described Australia as PNG’s closest neighbour and best friend, adding that minister to minister dialogue had never […]

Pngindustrynews.net – Companies urged to tender for Manus contracts

Australian High Commissioner to PNG Deborah Stokes and Department of Immigration and Border Protection Offshore Detention and Returns Task Group first assistant secretary Ken Douglas led a briefing to update companies on the business opportunities available. Delegates at the Cairns event on Saturday heard the engagement of local businesses would increase as further subcontract and […]

Eight things we took home from the Australia-PNG Business Forum

Business Advantage PNG attended this week’s 30th Australia – Papua New Guinea Business Forum in Cairns. Here are some of our take-home observations from the annual event, which next year will take place in Lae, Morobe Province. 1. PNG is in demand That might go without saying, with Australian investment in PNG totalling around $15 […]

Lae Roads Update – 16th May

DEKENAI UPDATE: PAPINDO HQ TO SVS ROUNDABOUT – For the TMP for the next roadworks on Aircorps Road, click here. SHORNCLIFFE UPDATE: Jawani Street: Pavement Concrete work started this week and continues for next couple of weeeks. Continues on Pavement preparation, Kerbing and line drain work. Cassowary Rd: Balance work of Line Drain, Kerbing Pavement […]

Institute of World Business Law to hold its annual training on International Contracts

Sloppy drafting technique and international ignorance can often lead to fatal mistakes when drafting international contracts. The ICC Institute of World Business Law’s annual training on international contracts, taking place from 23-26 June in Paris, offers essential guidance to help legal and business professionals avoid errors commonly made in the drafting process. Entitled “International Contracts: […]

Former rugby league great named ambassador to 6th PNG Games

With just six months until the PNG Games, the 2005 Churchill Medal winner Scott Prince is unveiled as an official Games Ambassador. During an illustrious 15 year playing career the halfback represented Australia, Queensland in State of Origin, as well as the Indigenous All Stars. He played his club football for the Wests Tigers (whom […]

National Airports Corporation plans big extension at Port Moresby Airport

Port Moresby International airport is undergoing an expansion, ahead of an influx of passengers for the 2015 South Pacific Games, the 2018 APEC summit and projected increases in traffic as the economy grows. The Acting Managing Director of the National Airports Corporation, Joseph Tupiri, outlines the plans in the following Q&A from Business Advantage News. […]

Air Niugini Flights from Port Moresby to Lae

The LCCI has received some strong criticisms about the apparent replacement of flights PX 106 and 108 (POM/Lae direct) with PX 186 seem to have commenced, flying from POM/HGU/LAE. This will affect adversely the ability of many business people to travel from Lae to Port Moresby in the morning and return in the late afternoon […]

Lae Roads Update – 9th May

The following update was received from Dekenai Construction Ltd regarding the pavement stabilisation and concrete surfacing of Aircorps Road from Morobe Avenue/Aircorps Road to Markaham/Butibam Road. The Contractor would like to inform you of a traffic management plan as the work progresses to the section of the road between Papindo Head Quarters and Roundabout (SVS). Click here for […]

PriceWaterhouseCoopers Tax Alert: IRC penalty regime

As the IRC continues to transition to its new SIGTAS platform they have advised that they will commence strict enforcement of the existing penalty rules for late payment of tax  and late lodgement of returns and other documents. The IRC have acknowledged that penalty rules have not been properly applied in the past but their […]