Papua New Guinea's government is to review existing fishing policies to boost downstream processing and expand the market.
Read More
Papua New Guinea government to review fisheries policies
2 Oct 2019 by Leave a Comment
Fisheries
CEO hooked on tuna
24 May 2019 by Leave a Comment
Being stranded for five years on Bougainville Island because of the civil conflict failed to deter Ludwig Kumoru, CEO of Parties to the Nauru Agreement (PNA), from developing a career in the fishing industry.
Read More
Read More
Subsidy changes transforming the fish processing industry in Papua New Guinea
23 Apr 2019 by Leave a Comment
As part of its effort to diversify the economy, the Government has shifted to subsidising fish processing in Papua New Guinea, rather than subsidising the catching of fish. It is one of the changes occurring in the industry. Three manufacturers talk about the changes and challenges PNG's fish processing industry is facing.
Read More
Read More
Bans on tuna fishing devices in the Pacific to continue
4 Feb 2019 by Leave a Comment
A Pacific-wide three-month ban on fish aggregating devices (FADs) has been extended for another year to allow tuna stocks to continue to revive. But in a warning to other fishing nations, Palau is going ahead with its ban on all commercial fishing vessels.
Read More
Read More
ABAC identifies Papua New Guinea’s fisheries as outstanding growth area
16 Oct 2018 by Leave a Comment
Papua New Guinea has significant opportunities for employment and foreign exchange from its fisheries, but only if it can develop the necessary policies and infrastructure. That was the conclusion from meetings of the APEC Business Advisory Council (ABAC).
Read More
Read More
Opinion: The Pacific Islands should speak as one
18 Sep 2018 by Leave a Comment
Dame Meg Taylor Secretary General of the Pacific Islands Forum Secretariat argues that the Pacific region is at a critical juncture in its history. She argues that because of political 'jousting' there ‘has never been a more important nor opportune time’ to act as one Blue Pacific continent.
Read More
Read More
Trade expert Bonapas Onguglo outlines where Papua New Guinea could be missing opportunities
12 Jun 2018 by Leave a Comment
Bonapas Onguglo has been working as a trade analyst at the United Nations Conference on Trade and Development (UNCTAD) since 1984, advising African governments how to expand their economies. He sees new opportunities in agribusiness and the 'ocean economy'.
Read More
Read More
Price of fish is biggest manufacturing challenge, says RD Tuna GM
8 May 2018 by Leave a Comment
Managing volatility in the price of fish is R D Tuna Canners' biggest manufacturing challenge, according to General Manager Erwin Ortiz. He tells Business Advantage PNG that the company intends to increase its storage capacity as part of its strategy to deal with price fluctuations.
Read More
Read More
Five questions for: James Movick, Director-General, Pacific Islands Forum Fisheries Agency
20 Feb 2018 by Leave a Comment
Control of foreign fishing vessels in international waters is the biggest threat to the South Pacific tuna industry, according to James Movick, Director-General, Pacific Islands Forum Fisheries Agency. He tells Business Advantage PNG that plans to increase aerial surveillance will help detect illegal fishing.
Read More
Read More
Frabelle continues expansion plans in Papua New Guinea fisheries sector
12 Sep 2017 by 3 Comments
An expanded wharf, increased tuna output, boat replacements and a new blast freezer are part of tuna processor Frabelle’s development plans. But reducing costs is also important, as Frabelle’s Melinda Ragudos tells Business Advantage PNG.
Read More
Read More
USD 0.2920
AUD 0.4709
GBP 0.2363
EUR 0.2651
NZD 0.4841
JPY 31.59
SGD 0.4159
Recent readers’ comments