People moves: KPMG PNG, CTSL, NARI, FinCorp, Mayur Resources

Welcome,

New Partner at KPMG PNG, CTSL announces new Chair and board, the National Agricultural Research Institute has a new Director-General, new directors at FinCorp, and Mayur Resources’ cement project gets its own CEO.

People moves: Business Advantage International, Comrade Trustee Services, PNG Ports

Welcome,

Business Advantage International announces a new Senior Editor, Comrade Trustee Services welcomes a CEO, and PNG Ports Corporation appoints a Managing Director.

Papua New Guinea’s Kina Group buys Maybank; listing in sights

Welcome,

Kina Group is set to become Papua New Guinea’s fourth retail bank, when it takes over the Malaysian-owned Maybank (PNG) in late July, ahead of a possible stock market listing.

Case study: PNG’s largest food company

Welcome,

Paradise Foods Limited is Papua New Guinea’s oldest established food manufacturer, with operations dating back to the early 1930s. Formerly known as Arnott Biscuits (PNG) and owned by US company Campbells Soups, it was purchased in 2007 by local superannuation funds Nambawan Super and Comrade Trustee Services Limited and re-named Paradise Foods. The 100% PNG-owned […]