Lae Chamber of Commerce

The Pro-Active Voice of the Morobe Business Sector

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Papua New Guinea Elections 2012

Elections 2012

As promised last week the Electoral Office has provided a copy of the POLLING SCHEDULES for the 2012 elections, for the Lae Urban Area. I attach a summary of the schedule to this newsletter and ask that it be displayed in a prominent place in each company; to assist your employees as to where they can vote.

EU challenges Argentina’s import restrictions

ARGENTINA The EU today launched a challenge to Argentina’s import restrictions at the World Trade Organisation in Geneva. Under WTO dispute settlement procedures, the EU is first requesting consultations with Argentina in a bid to have these protectionist measures – which include Argentina’s import licensing regime as well as the obligation on companies to balance imports with exports – lifted.  This is a first step in the WTO dispute settlement system. If no solution is

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