Papua New Guinea’s oldest manufacturing company, Paradise Foods, is marking its 80th year of operations this year, after its humble beginnings as a small town bakery in 1933. Behind the quiet celebrations are big expansion plans, Managing Director David Peate tells Business Advantage PNG.
Papua New Guinea finance company Moni Plus is in expansion mode, after launching a state-of-the-art online foreign exchange service earlier this year.
Business visitors to Lae have tended to have little choice when it comes to accommodation options, so the opening of the Lae City Hotel in April of this year was greeted with particular interest.
Fresh-faced and newly-qualified, Mahesh Patel arrived in Papua New Guinea in 1984 to take up a job as a pharmacist. Almost 30 years on, he speaks with Andrew Wilkins about the building of retail and wholesale conglomerate CPL Group, one of PNG’s most dynamic companies.
Papua New Guinea’s Government has an ambitious target of creating 500,000 locally-owned businesses over the next 20 years. The National Development Bank is key to its plans, as Managing Director Moses Liu explains.
Managing generational change is a big challenge for any business. We meet 26-year-old Max Puritau, who has taken over his parents’ business, Paradise Spices, and is seeing exports soaring.
‘A work in progress’ is how Brett Andrew describes his rebuilding of the decades-old Papua New Guinea finance firm, RIFL.
The global media revolution has arrived in Papua New Guinea, with local television company EMTV transforming from a traditional broadcaster into one in step with the digital age.
Papua New Guinea’s business community has rallied round Buk bilong Pikinini (BbP), a charity dedicated to bringing literacy to children through libraries.
At age 29, Travers Chue is an enthusiastic backer of Papua New Guinea’s fledgling café society. But as Rod Myer reports, his family’s entrepreneurial flair is also seeing the business expand.