Agribusiness

LNG prices have surged but oil prices move sideways: a monthly review of Papua New Guinea’s commodity and financial markets

LNG prices have jumped sharply and the cocoa price has been volatile. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
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Moving from aid to trade: successful mentoring and investment projects in Vanuatu and Samoa expanding into Papua New Guinea

After the successful launches of sustainable small businesses in Vanuatu and Samoa, a donor-funded private sector initiative is preparing to expand into Papua New Guinea.  Anna Moegerlein from Melbourne’s The Difference Incubator explains the initiative to Business Advantage PNG.
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Mainland CEO outlines ambitious plan to diversify into new crops

Papua New Guinea agribusiness Mainland Holdings is launching into new agricultural sectors to reduce its reliance on imports. Chief Executive David Alcock told the Australia Papua New Guinea Business Forum that the company intends to grow sorghum and soya beans to use as stockfeed in partnership with local farmers.
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Papua New Guinea’s vanilla sector success relies on education and regulation

PNG was the second-largest global grower of vanilla last year, producing about 250 metric tonnes, but leading processor and exporter, Paradise Spices, is calling for regulation of the sector to resolve supply and quality issues. Karina Makori, the company’s General Manager tells Business Advantage PNG inflated prices have halted production of vanilla products for the past nine months.
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