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

The following update was received from Dekenai Construction Ltd regarding the pavement stabilisation and concrete surfacing of Aircorps Road from Morobe Avenue/Aircorps Road to Markaham/Butibam Road. The Contractor would like to inform you of a traffic management plan as the work progresses to the section of the road between Papindo Head Quarters and Roundabout (SVS). Click here for the schematic illustrating the plan. Right hand lane of Aircorps Road starting Papindo HQ will be blocked off all through

As the IRC continues to transition to its new SIGTAS platform they have advised that they will commence strict enforcement of the existing penalty rules for late payment of tax  and late lodgement of returns and other documents. The IRC have acknowledged that penalty rules have not been properly applied in the past but their new system will automatically issue penalties for late payment and late lodgement. This means that taxpayers will need to put

An appeal for victims and communities affected by Cyclone ITA in Milne Bay three weeks ago was officially launched in Lae, Morobe Province on Thursday 1st May 2014. This is appeal will run for the whole month of May 2014. A Special Appeal to the Milne Bay Community residing here in Lae for; Each Milne Bay Family to donate a 10kg Bag of Rice All Working Class Individuals of Milne Bay to give K100.00 The

Following up on an article that appeared in the Post Courier on 16th November 2012, the LCCI wanted to report on the ethnic clashes that continue to persist today. Only some of the recommendations made by the LCCI have been addressed to date.The Morobe Provincial Government has recently and very publicly taken action to remove squatter camps in Lae, especially along the banks of the Bumbu River starting from the area behind the National Polytechnic

The mobile phone company set to become Papua New Guinea’s fourth mobile phone provider says it hopes to begin operations in the third quarter of 2014, targeting areas of the country where there is currently no coverage. Awal Telecommunications of Saudi Arabia was awarded individual Network Gateway Services, Application and Network licences in a deal worth more than $US260 million (K790 million) at a low-key event in Dubai early last month. The licences run for

BUSINESSES in PNG are adjusting to the winding down of the construction phase of the PNG LNG project. By Martyn Namorong With the project more than 95% complete, there are limited opportunities for many who once enjoyed growth as a result of the construction phase. In a March presentation to the Port Moresby Chamber of Commerce, Bank of PNG governor Loi Bakani urged the government to capitalise on the end of LNG construction. “With the

Why is it that we have poor services in Lae? All year we have had garbage banking up because there has been no proper and continuous garbage collection system. But there are a multitude of other services that are lacking which we are entitled to: Street lights that work Residential roads maintained Footpaths properly constructed Street and drain cleaning The foreshore cleaned and protected from erosion Stray dog collection Proper maintenance of the city rubbish

In 2012 and 2013, the Lae International Hotel was voted Papua New Guinea’s Leading Hotel at the World Travel Awards. In 2014, the hotel again achieved prominence with the opening of its new world-class Conference Centre by the Prime Minister of Papua New Guinea, the Hon. Peter O’Neill MP. At a cost of K22 million, the Conference Centre will, without doubt, establish itself as the largest conference and meeting venue in the City of Lae