New land has been made available at Lae Nadzab Airport for growth of a supporting commercial business sector.
Stronger kina will affect exporters, say business leaders
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The Bank of Papua New Guinea’s move to strengthen the value of the Papua New Guinea kina against the US dollar has taken business by surprise, with some business leaders saying it will impact on primary industry producers.
The long journey to fix Papua New Guinea’s roads
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Hundreds of millions of dollars is being spent in Papua New Guinea on road repairs and new roads, from Port Moresby to the Highlands and coastal provinces. Business Advantage PNG surveys what the country will get for its money, and considers what is still needed.
Lae Chamber of Commerce favours asylum-seeker deal
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The Lae Chamber of Commerce (LCCI) says the Rudd–O’Neill asylum seeker deal ‘will be positive for business’, according to chamber president, Alan McLay.
In brief: InterOil to begin drilling new wells and other stories
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InterOil to begin eight new wells in Gulf Province, Lae business chamber calls for more fire services, and Bougainville prepares for referendum. Your quick digest of the week’s business news.
Lae airport highway upgrade begins this month
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Construction of the long-awaited Lae-Nadzab Road upgrade to a four-lane highway begins this month, after Prime Minister Peter O’Neill launched the project last week.
Opinion: Fixing Papua New Guinea’s law and order problem
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Law and order is back on the agenda, with this week’s National Haus Krai on violence against women, Australia reactivating its assistance to the PNG’s police and the Government committing itself to heavier punishments for some key offences. But solving PNG’s law and order problems will require much more, says Alan McLay.
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