Former Kraft Heinz subsidiary Hugo Canning has turned the corner in Papua New Guinea under new owners led by Taylor Pacific. And it has big plans in the pipeline, General Manager Jeremy Fry tells Business Advantage PNG.
Papua New Guinea food manufacturer Hugo Canning reborn under new owners
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New factory has Pacific Industries bullish about the future
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A new K70 million plant represents a big step forward for Pacific Industries. Director Everett Chue tells Business Advantage PNG that the facility will also provide a range of benefits to his business.
ICTSI sees big increase in efficiency at Papua New Guinea’s international ports
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Investments in equipment and processes at Papua New Guinea’s Lae and Motukea international container terminals have delivered results. Robert Maxwell, Chief Executive Officer, ICTSI South Pacific, tells Business Advantage PNG about the changes.
New export niche delivers record revenues for PNG Forest Products
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PNGFP has been producing engineered wood products in Papua New Guinea for more than 70 years, but it recently discovered a new avenue for growth, as Managing Director Tony Honey tells Business Advantage PNG.
Boom times for Port Moresby conferences and events spaces
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Papua New Guinea’s Meetings, Incentives, Conferences and Exhibitions (MICE) sector has grown rapidly over the past few years, with venues competing for business with upgrades, expansions and value adds. Business Advantage PNG looks at the current MICE landscape in the capital.
Islands Petroleum stepping up to help meet Papua New Guinea’s fuel supply needs
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Papua New Guinea has faced ongoing fuel supply challenges since August 2023, as a result of issues related to its largest fuel importer, Puma Energy. Islands Petroleum is one of a number of fuel companies that have ramped up capacity to help meet demand. Chief Executive Nathan Bluett says the company is now looking to grow further.
Papua New Guinea’s electric vehicle market sparks to life
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Niugini Automobiles launched recently in PNG, with the aim of importing electric vehicles from multiple manufacturers. Managing Director Leon Shi shares the firm’s EV rollout plans with Business Advantage PNG.
‘Transformative’ Port Moresby port redevelopment ready for investors
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Port Moresby’s former port facility has been rezoned, had its masterplan approved, and is now ready for investors’ expressions of interest. Business Advantage PNG takes a closer look at the project.
New banks in Papua New Guinea to ‘change the game’
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Credit Corporation was one of two financial institutions to receive PNG commercial banking licences this month, with more new banks planned. Credit Corp’s Chief Executive Danny Robinson outlines his bank’s digital-first approach, while the IFC’s Kevin Gani explains the path forward for other prospective banks.
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