Nadzab Airport in Lae reopens after ‘unexpected’ shut-down, PNGX get reconfirmation to operate as stock market, and spike in coffee prices benefits 2000 farmers in Morobe Province. The business news you need.
In brief: new National Elections dates and other business stories
Welcome,
27 Apr 2022 by Leave a Comment
BSP Financial Group announces Q1 results, Qantas Airways resumes flights to Papua New Guinea and Lole Mining gets mining lease for ambitious project in Central Province. The business news you need today.
Room to grow: President of Lae Chamber of Commerce sees opportunities but investment and education are essential
Welcome,
27 Jan 2021 by Leave a Comment
John Byrne, President of the Lae Chamber of Commerce, tells Business Advantage PNG that, although there is an underlying level of confidence in PNG’s second city, infrastructure projects and investment are urgently needed.
In brief: Nadzab Airport redevelopment project officially launched and other business stories
Welcome,
3 Aug 2020 by Leave a Comment
Nadzab airport set to get a major facelift, PNG Ports says only three ports are profitable, and SIM card registration deadline extended. The business news you need to kickstart your week.
Chamber of Commerce President on what 2020 holds for Lae, Papua New Guinea’s second city [opinion]
Welcome,
21 Jan 2020 by 1 Comment
Papua New Guinea’s industrial hub has a lot going for it as it enters the new year, says a quietly confident President of the Lae Chamber of Commerce and Industry, John Byrne.
In brief: Cabinet considers Ramu Valley as a ‘Special Economic Zone’ for agriculture and other business stories
Welcome,
6 Aug 2014 by
Cabinet considers a plan to turn the lush Ramu Valley into a Special Economic Zone, Microbank aims at 50,000 customers and Nambawan Super’s overseas investments down 20 per cent. Your weekly digest of the latest business news.
Lae is doing well, but land and town planning issues remain: McLay
Welcome,
30 Jul 2014 by 3 Comments
With a new port, a new hospital and plans to redevelop Nadzab Airport, things are looking up for Lae, Papua New Guinea’s second-largest city. However, says Alan McLay, these developments highlight a shortage of land, and a need for more effective town planning.
Lae Nadzab Airport commercial area prepares for take off
Welcome,
9 Jul 2014 by Leave a Comment
New land has been made available at Lae Nadzab Airport for growth of a supporting commercial business sector.
Lae airport highway upgrade begins this month
Welcome,
3 Jul 2013 by
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.
First step towards direct flights between Lae and Cairns?
Welcome,
27 Mar 2013 by Leave a Comment
Business people in Morobe Province are hoping a new timetable, which sees Air Niugini flying between Lae and Cairns via Port Moresby, is the first step towards direct flights between Australia and PNG’s second city.
USD 0.2518
AUD 0.3884
GBP 0.199
EUR 0.2389
NZD 0.4276
JPY 38.13
SGD 0.3382
Recent readers’ comments