In brief: record profits for Nasfund despite challenging year in Papua New Guinea

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Nasfund reports record profits and all-time highs in its annual report, Nambawan Super launches two new products and announces positive results for 2021, and the ICCC revokes its authorisation for PNG Air–Link PNG deal. The business news you need today.

Sweet as can be: a buzzing future for Papua New Guinea apiculture

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Helping Hand Honey Producers, Papua New Guinea’s second largest honey producer, has long-term goals to increase honey production to meet rising demand and also export. Founder and Managing Director Kelly Inae talks to Business Advantage PNG.

Local produce: Papua New Guinea’s delicious prospects

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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.

Financing a green, resilient and inclusive recovery [opinion]

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Alfonso Garcia Mora, Vice-President Asia and Pacific for the International Finance Corporation (IFC), a member of the World Bank Group, outlines some of the development challenges Papua New Guinea faces today and how the IFC is supporting private sector investment to address them.

In brief: Papua New Guinea SOEs’ tax debt close to K700 million and other business stories

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The Internal Revenue Commission’s potential plans for state-owned enterprises debt to be repaid, Fiji welcomes Kina Bank, and Link PNG’s proposed acquisition of PNG Air rejected again. The business news you need to know today.

How Papua New Guinea can boost its coffee production [analysis]

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Papua New Guinea has the potential to become one of the top coffee producers in the world. Deputy Director of the National Research Institute, Eugene Ezebilo, explores what other countries have done to boost their coffee production and how these strategies could be implemented in PNG.

Working cooperatively the key to improve Papua New Guinea’s cocoa exports

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Getting produce to market is one of the biggest constraints on Papua New Guinea’s cocoa industry, according to the Chief Operating Officer of leading cocoa exporter, NGIP Agmark. Steven Nightingale says his company is developing a model that is helping to improve the situation.