The interests of commerce and environmentalism are being aligned on Papua New Guinea’s Huon Peninsula. Local villagers have become involved in saving tree kangaroos by growing coffee and selling it into the United States.
Agribusiness
Oil prices have recovered and coffee and cocoa are both strong. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.
Five years after opening the first of three Duffy’s cafés in Port Moresby, owner and entrepreneur Travers Chue is preparing to expand overseas, marketing not just Papua New Guinea specialty coffee, but premium health products.
It has been a patchy month for energy prices and precious metals, while agricultural prices have been sharply weaker. Business Advantage PNG’s monthly review of Papua New Guinea commodities and financial markets.
What do business leaders look for as signs of recovery in Papua New Guinea’s economy? In the second of a two-part series, Business Advantage PNG gets views from senior executives in finance, manufacturing and agribusiness.
Steve Woodhouse, Regional Manager NGI at Farmset and host of EMTV’s Farming PNG program, tells Business Advantage PNG that Papua New Guinea’s farmers are innovative and quick to learn. In the second of a two-part interview, he says it is essential to encourage more ‘movers and shakers’ to get involved in agriculture.
What are the signs of economic recovery in Papua New Guinea that business leaders should look out for? In the first of a two part series, Business Advantage PNG asks some experienced business leaders what indicators they regard as significant and whether what they are seeing is positive.
Cocoa is Papua New Guinea’s third-largest agricultural export. The inaugural Cocoa of Excellence show held recently in Kokopo focused on improving the quality of cocoa production to better meet international market requirements.
Papua New Guinea’s agricultural sector is the backbone of the economy and a substantial contributor to national income, Steve Woodhouse, host of EMTV’s ‘Farming PNG’ program, tells Business Advantage PNG. He calls for changes to the regulatory bodies.
Commodity prices were reasonably stable over the month and precious metals strengthened. But the weakness in Liquefied Natural Gas (LNG) prices continued. Business Advantage PNG’s monthly review of Papua New Guinea commodity and financial markets.