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.
Cracking investment: Nambawan Super investment fuels growth at Paradise Foods
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20 Jul 2022 by Leave a Comment
Loyalty has its rewards in Papua New Guinea
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6 Jul 2022 by Leave a Comment
Loyalty schemes have dramatically transformed in Papua New Guinea with customers being offered more schemes, as well as more choice within existing loyalty programs. Here are the loyalty schemes you can’t miss.
Papua New Guinea’s Ihu Special Economic Zone builds momentum
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26 Jan 2022 by 1 Comment
Ground has been broken at the Ihu Special Economic Zone (ISEZ) in Papua New Guinea’s Gulf Province. Project Director Peter KenGemar says companies are already contemplating a move into the zone to take advantage of generous incentives.
The shipping forecast: the vision for expanding Papua New Guinea’s ports
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26 Jan 2022 by 1 Comment
This week saw the announcement of AUD$580 million (K1.45 billion) in financing support from Australia for Papua New Guinea’s ports. PNG Ports’ Managing Director Fego Ota Kiniafa outlines how the money will be spent and how the state-owned entity has managed the challenges of the past year.
A splash of red or white: How Papua New Guinea is catching on to wine
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30 Nov 2021 by Leave a Comment
With wine appreciation on the rise in Papua New Guinea. Loloata Island Resort’s Sommelier, Kannapan Jayakumar, tells PNG Now why wine has become such a sensation and why the Highlands could be a good place to start a winery.
Chairman of the Papua New Guinean surfing boards
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16 Nov 2021 by Leave a Comment
The founder of the Surfing Association of Papua New Guinea has a master plan for a fair go. Paul Chai reports.
Roads to recovery: Connect PNG to offer K3 billion in capital works contracts
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10 Nov 2021 by Leave a Comment
Phase 1 of Papua New Guinea’s ambitious K20 billion Connect PNG infrastructure plan will see a focus on connecting capital city Port Moresby to the second city of Lae by road, according to the Department of Works and Implementation Secretary, David Wereh. Funding the work remains a challenge, however.
‘Left to fend for itself’: the Papua New Guinea tourism industry’s plan for welcoming back international tourists
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3 Nov 2021 by 3 Comments
While it awaits clarity from government on its future, Papua New Guinea’s troubled tourism industry has come up with some of its own ideas on how to restart international tourism to the country. Here’s what some of the key operators told Business Advantage PNG.
Stronger together: why Papua New Guinea’s SMEs need to look out for one another
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29 Sep 2021 by 1 Comment
What do micro, small and medium-sized businesses in Papua New Guinea actually need to thrive? Two entrepreneurs heavily involved in the country’s SME ecosystem gave their thoughts to the recent 2021 Business Advantage Papua New Guinea Investment Conference.
Winds of change: why Papua New Guinea is perfectly placed for a wind-power revolution
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22 Sep 2021 by 2 Comments
Papua New Guinea is sitting on a world-class wind power resource that could see it exporting power to the region in a relatively short space of time.
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