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

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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

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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

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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 […]