Better infrastructure and a higher volume of onshore processing are the key tenets of Papua New Guinea’s new Fisheries Strategic Plan, which aims to transform the industry over the coming decade. Business Advantage PNG speaks with National Fisheries Authority Chairman Ango Wangatau to find out more.
In late 2021, PNG’s largest superannuation find, Nambawan Super, increased its holding in Paradise Company Limited, owner of Paradise Foods and Laga Industries, to 100 per cent. Michael Penrose, Paradise’s CEO, tells Business Advantage PNG how the fund’s support is helping the food manufacturer expand.
Global supply chain issues are having a major impact on many businesses in Papua New Guinea. Business leaders tell Business Advantage PNG that delivery delays and higher costs are causing some projects to be slowed or even postponed in key sectors. There are signs, however, that the global situation is improving.
With the world slowly going back to a ‘new normal’ and Papua New Guinea’s population growing, opportunities abound for Papua New Guinea’s manufacturers. If challenges can be addressed, they say, the future could look even brighter.
Coca-Cola is now manufactured and marketed in Papua New Guinea by the biggest bottler in the world, Coca-Cola Europacific Partners (CCEP), following its acquisition of Coca-Cola Amatil. Business Advantage PNG sat down with CCEP’s PNG General Manager, Philippe Mondada, to talk about the future of the soft drinks giant in PNG.
Alcohol-related restrictions brought in to manage the COVID-19 pandemic have had a negative impact on Papua New Guinea largest brewer, SP Brewery. Managing Director Ed Weggemans talks to Business Advantage PNG about its plans once the stringent measures are finally eased.
COVID-19 has taught us to think and act local. Food producers in Papua New Guinea are benefitting from a trend that appears here to stay.
Papua New Guinea is getting ready to showcase some of its sweetest produce in the 2020 World Expo.
What does Papua New Guinea need to do to add more value to its produce? Chey Scovell, CEO of PNG’s Manufacturers Council has told a Business Advantage PNG briefing that the country is already doing better than many think, and that a ‘holistic’ approach is needed to boost the manufacturing sector further.
Paradise Foods has seen over 30% growth over the past six months and its future looks even brighter. James Rice, Group CEO of Papua New Guinea’s oldest food manufacturing company, spoke with Business Advantage PNG to explain why.