Lae Chamber of Commerce

The Pro-Active Voice of the Morobe Business Sector

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Bank of PNG Report Update 2012

QUARTERLY ECONOMIC BULLETIN – DECEMBER QUARTER 2011 Mr. Loi M. Bakani, Governor of the Bank of Papua New Guinea (Bank of PNG), today released the December 2011 Quarterly Economic Bulletin (QEB). This statement provides an overview of the economic and financial developments for the December 2011 quarter and the developments since December 2011. 1. UPDATE ON DEVELOPMENTS SINCE DECEMBER 2011 Global economic recovery remained relatively sluggish in 2011, reflecting weak investment activity and consumer demand,

Lae APTC promotion

As mentioned in the newsletter, The APTC will be conducting training promotional sessions at the Melanesian Hotel from Monday 21st May to Wednesday 23rd May 2012 (see below). The Australia Pacific Technical College will be conducting training promotional sessions in Lae from Monday the 21st to Wednesday the 23rd of May. Trevor Birney and Rick Harper will be at the Melanesian Hotel for this period to provide an opportunity for the APTC to promote the

Lae a Good Place to Invest

The economy of Lae continues to grow as the major commercial centre of Papua New Guinea. The most exciting recent development in PNG is the much publicized LNG project and Lae as the gateway to the Highlands Provinces has benefitted enormously from this project. Most of the infrastructural requirements for the LNG development has been through the Lae Port, from where the goods are stored for transshipment or trucked straight to the Oil & Gas

The Pro-active Voice of the Morobe Business Sector

The Lae Chamber of Commerce Incorporated is a very active and progressive organization that advances the interests of its members and the Lae Private Sector on the whole. Although the LCCI has battled for a fair go on many fronts, particularly on Government legislative, policy and administrative matters, it is now looking at ways to steer the Private sector into combating Gender HIV and AIDS issues. In December 2008 the LCCI signed a 3 year

Office Location – Top Town Lae – Huon Road, 5th Street, Sec 2 Lot 39 – Office 5, Professionals Lae Real Estate Building

PO Box 265 Lae, Morobe Province Papua New Guinea

Tel: +(675) 472 2340 Fax: +(675) 472 6038

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