Rising, quite literally, from the ashes of a devastating fire in 2017, retailer CPL Group is back in the black. However, CEO Mahesh Patel tells Business Advantage PNG that rogue retailers and slow government spending have presented challenges to the retailer’s phoenix story.
People moves: Oil Search, CPL Group, MSME Council
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10 Dec 2019 by Leave a Comment
Oil Search appoints Managing Director, City Pharmacy Limited Group announces a new Chief Operations Officer, and MSME Council gets new team of directors.
Recovery from devastating fire well underway, says CPL’s CEO
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31 Jul 2018 by Leave a Comment
The recovery by CPL Group from a devastating fire has been one of the more remarkable come backs in Papua New Guinean business. But Chief Executive Mahesh Patel tells Business Advantage PNG that there is still a long way to go.
In brief: Fiji codeshare takes off, and other business stories
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5 Jun 2018 by Leave a Comment
Fiji codeshare gets off the ground, trade talks with Australia, and Goroka Airport now welcoming jets. Your weekly digest of the latest business news.
People moves: CPL Group, National Capital District, Hilton Hotels and Resorts
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6 Mar 2018 by Leave a Comment
A new City Manager for the NCD, a new General Manager for Hilton, and CPL MD returns
Local knowledge and ‘being there’ critical for business success in the Pacific region
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15 Nov 2017 by 1 Comment
Looking to invest successfully in the Pacific? There’s no substitute for understanding your market and its people, and for being on the ground. Three successful regional investors also outlined to the Business Investment PNG Conference which sectors have the most potential.
In brief: Parliament deciding on new Speaker, Prime Minister today and other business stories
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2 Aug 2017 by Leave a Comment
Parliament sits to elect a new Speaker and Prime Minister, CPL receives initial insurance payout of K10m for June fire, inquiry call for contract awarded to Borneo Pharmaceuticals. Your weekly digest of the latest business news.
In brief: National Transmission Network ready by the end of 2017, and other business stories
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28 Jun 2017 by Leave a Comment
Broadband network to be completed by the end the year, Oil Search concludes five-year credit agreement and ADB approves funding Highlands Highway project. Your weekly digest of the latest business news.
Selling Papua New Guinea as a business and investment destination
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21 Jun 2017 by Leave a Comment
September’s Papua New Guinea Investment Conference in Sydney is designed to promote Papua New Guinea as a key business destination in our region. Business Advantage International’s Andrew Wilkins reveals some of the planning that is going into the program.
CPL eyes expansion, but is waiting on Papua New Guinea’s economic recovery
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6 Jun 2017 by 2 Comments
Papua New Guinea’s largest retailer is still only servicing about 30 per cent of Papua New Guineans, according to Chairman of CPL Group, Mahesh Patel. While it has product and store expansion plans, Patel says CPL is waiting on a general economic recovery before moving forward.
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