A cracker of a celebration at Paradise Foods

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Paradise Foods has celebrated 90 years in business with the release of a new flavour in its range of crackers.

In brief: Papua New Guinea’s potential to become the Pacific’s ‘Powerhouse’ and other stories

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Latest ANZ Pacific Report highlights Papua New Guinea’s economic potential, Santos posts record production largely due to PNG and a new partnership between Paradise Foods and PHAMA Plus. Your business news in nutshell.

Cracking investment: Nambawan Super investment fuels growth at Paradise Foods

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In late 2021, PNG’s largest superannuation find, Nambawan Super, increased its holding in Paradise Company Limited, owner of Paradise Foods and Laga Industries, to 100 per cent. Michael Penrose, Paradise’s CEO, tells Business Advantage PNG how the fund’s support is helping the food manufacturer expand.

People moves: Bank of Papua New Guinea, Paradise Foods, Fortescue, OTML, Santos, MiBank, Credit Corp

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Changes at the Bank of Papua New Guinea, Paradise Foods announces new CEO, change at Fortescue Metals, Ok Tedi Mining Ltd (OTML) welcomes new board member, Santos appoints Chief Financial Officer, MiBank gets Independent Directors, and Credit Corp announces Non-Executive Director.

Delta spike challenging business plans in Papua New Guinea

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While businesses have adjusted to Papua New Guinea’s Niupela Pasin protocols for managing COVID-19, the delta strain is proving a major challenge. Business Advantage PNG examines how the business community is responding.

People moves: NCSL, PNG Air, Paradise Foods, PNGX

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The Nasfund Contributors Savings and Loan Society (NCSL) welcomes an Independent Director, PNG Air announces new Chairman and Deputy Chairman, Paradise Foods elects Interim Group CEO and PNGX appoints a General Manager.

People moves: PNG Power, Credit Corp PNG, PNG Defence Force, Oil Search, Newcrest Mining, Paradise Foods

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PNG Power Managing Director resigns, Credit Corporation PNG announces changes to its board, new appointment at PNG Defence Force, changes at Oil Search board, Newcrest Mining welcomes a new Director and Paradise Group CEO steps down.

In brief: Prime Minister Marape commits K50 million to agriculture and other business stories

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Marape launched the Agriculture Medium Term Development Plan 2020 -2022 and committed K50 million to the sector, the PNG Electrification Partnership makes progress and Misima gold project takes first steps towards environmental approvals. The business news you need to kickstart your week.

‘Focus on what you can control’: showing leadership during Papua New Guinea’s pandemic

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The COVID-19 pandemic in Papua New Guinea has presented a unique set of challenges to business leaders and owners of all kinds. The heads of three of the country’s top companies have discussed their leadership approaches during a special Business Advantage PNG online business briefing. 

On the rise: Paradise Foods continues to grow in Papua New Guinea despite COVID-19

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Paradise Foods has seen over 30% growth over the past six months and its future looks even brighter. James Rice, Group CEO of Papua New Guinea’s oldest food manufacturing company, spoke with Business Advantage PNG to explain why.