People moves: Kina Securities, PNG Cocoa Board, National Airports Corporation, Mainland Holdings

Welcome,

Senior appointments at Kina Securities, a new Director for the PNG Cocoa Board, a new Acting Managing Director at Airports Corporation, and a new Poultry Manager at Mainland Holdings

In brief: Power workers delay strike action for a week, and other business stories

Welcome,

Power workers give management another week to respond to pay claims, the People’s Micro Bank to get a full banking licence, Sime Darby withdraws from takeover talks with NBPOL. Your weekly digest of the latest business news.

Yields expected to double as cocoa industry recovers from cocoa pod borer devastation

Welcome,

Papua New Guinea’s largest cocoa grower, trader and exporter, Agmark, says cocoa yields in East New Britain could double, as a result of new technology arising from the battle to recover from the impact of the cocoa pod borer.

What’s on the agenda for Papua New Guinea business in 2014?

Welcome,

The coming year looks promising for Papua New Guinea business, with the giant PNG LNG project due to commence gas exports, and further investments looking likely. Meanwhile, eyes are on the O’Neill Government to see how it can improve the operating environment for business. Business Advantage PNG looks ahead to consider what 2014 may bring.

In brief: Disappointment over tuna agreement and other stories

Welcome,

Tuna agreement ‘disappointing’, call for better rural roads funding, new nursery to raise borer-resistant cocoa. Your quick digest of the week’s business news.

The battle to save the Papua New Guinea cocoa industry

Welcome,

Despite growing demand for cocoa around the world, the industry in Papua New Guinea is in crisis, with production in East New Britain alone plummeting by 82% between 2008 and 2012. Business Advantage PNG reports on attempts to combat the pest which threatens the sector.