Manufacturing

Overcoming chronic lack of skilled tradespeople in Papua New Guinea requires more government funding, say industry leaders

An analysis of foreign workers coming to Papua New Guinea since 2000 indicates a chronic lack of skilled tradespeople, according to Lae-based business leaders. While skills training initiatives are under way, an expected surge in mining projects over the next few years highlights the urgency for more skilled workers.
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In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories

Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.
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Companies struggle to pay bills, after the Bank of Papua New Guinea ‘rations’ kina

Restricting the margins at which the kina can be traded against the US dollar has had little positive effect, with some companies struggling to pay bills, as the central bank reportedly restricts the purchase of US currency, Manufacturers Council of Papua New Guinea CEO Chey Scovell tells Business Advantage PNG.
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Coffee capsules a ‘win-win situation’ for local industry

Coffee is recognised as one of Papua New Guinea’s most important commodities. So it was only a matter of time before locally manufactured ‘Nespresso compatible’ coffee capsules entered the PNG market. Business Advantage PNG talks to Cool Stuf, the company behind PNG’s first locally manufactured coffee capsules.
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Paradise Foods marks 80th year with expansion plans

Papua New Guinea’s oldest manufacturing company, Paradise Foods, is marking its 80th year of operations this year, after its humble beginnings as a small town bakery in 1933. Behind the quiet celebrations are big expansion plans, Managing Director David Peate tells Business Advantage PNG.
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