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 who met the Committee. The attending Committee members included three previous Commissioner of Taxes being Sir Nagora Bogan, David Sode

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 Area. The situation has worsened recently with the closure of Mangola St. In an effort to ‘ease the pain’, Dekenai

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 been stronger. However, he said there was one continuing irritant in the relationship.”It is an irritant that I know both business

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 supplier packages were let by the managing contractor Decmil. Work is underway to expand and upgrade the Lombrum Regional Processing

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 billion (K39 billion), but in his opening address, PNG’s Prime Minister Peter O’Neill made the point that the interest from

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 Preparation Continues and expected to complete by next week end to start Pavement Concrete of last section on Cassowary Road.

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: Negotiating and drafting key clauses, dispute resolution, different cultural and legal approaches,” the three-and-a-half-day training will focus on the skills

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 he led to the 2005 Premiership, winning the Clive Churchill Medal), the Gold Coast Titans, Brisbane Broncos and the North

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. BAPNG: What exactly are the plans to develop the airport at Moresby? JT: We have a programme and we have

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 after completing a full days business. The LCCI has been advised by Mr Simon Foo the CEO of Air Niugini