Lae Chamber of Commerce

The Pro-Active Voice of the Morobe Business Sector

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Crime,Violence Increases Cost of Business in PNG

A WORLD Bank Group report released today says that eight out of 10 businesses in Papua New Guinea suffer substantial losses and security costs as a result of high rates of crime and violence, slowing business expansion and hampering the country’s economic development. More than 80% of 135 companies surveyed said their business decisions are negatively influenced by the country’s law and order issues, with crime increasing the cost of doing business. The expense of

OPINION: PNG NEEDS TO ENGAGE WITH ASIA’S A-TEAM

Next year, the Papua New Guinea economy will boast the biggest growth in the world. Rowan Callick looks at what political leaders and policymakers must do to take advantage of the country’s talent and opportunities. Papua New Guinea is a country teeming with talent and with opportunity, and with the banks claiming they have the liquidity and the desire to support viable businesses or projects. Why, then, is the population growing rampantly faster and bigger