Eighteen leading Papua New Guinean businesses have signed up to an initiative led by the International Finance Corporation to provide opportunities for women in traditionally male-dominated jobs, as Business Advantage PNG reports.
Manufacturing
Former Kraft Heinz subsidiary Hugo Canning has turned the corner in Papua New Guinea under new owners led by Taylor Pacific. And it has big plans in the pipeline, General Manager Jeremy Fry tells Business Advantage PNG.
A new K70 million plant represents a big step forward for Pacific Industries. Director Everett Chue tells Business Advantage PNG that the facility will also provide a range of benefits to his business.
PNGFP has been producing engineered wood products in Papua New Guinea for more than 70 years, but it recently discovered a new avenue for growth, as Managing Director Tony Honey tells Business Advantage PNG.
“We’re ready for the boom to happen. We’re just hoping that it will happen sooner rather than later.” Business Advantage PNG speaks with SP Brewery Managing Director Ed Weggemans about the company’s sharp focus on its bottom line and sustainability in tougher market conditions.
Paradise Foods has celebrated 90 years in business with the release of a new flavour in its range of crackers.
Work has begun on Kumul Petroleum Holdings Ltd’s US$100 million steel fabrication plant just north-west of Port Moresby. In an exclusive interview, Kumul Petroleum MD Wapu Sonk outlines how the facility will boost PNG manufacturing, and anchor a new Special Economic Zone in the Caution Bay area.
Why has manufacturing in Papua New Guinea picked up in recent years? Business Advantage PNG speaks with Murray Woo, Chairman of the Manufacturers Council of PNG, to find out, and learn more about the challenges still facing the sector.
In spite of softer market conditions, Coca-Cola Europacific Partners continues to invest in PNG committing K80 million to the construction of a new bottle manufacturing plant in Lae.
While higher costs, supply chain glitches and restricted trading have underpinned a tough two years, the head of Heineken-owned SP Brewery foresees better times ahead.