Entrepreneurs: Max Puritau, Paradise Spices

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Managing generational change is a big challenge for any business. We meet 26-year-old Max Puritau, who has taken over his parents’ business, Paradise Spices, and is seeing exports soaring.

Economic update: our annual snapshot of Papua New Guinea’s economy

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Papua New Guinea enters 2013 with a new government in place, a major gas project nearing completion and some ambitious development goals, reports Business Advantage PNG’s Andrew Wilkins.

PNG and Fiji formalise closer business ties

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If foreign investors have generally been wary of investing in Fiji since the 2006 coup, Papua New Guinea has been the exception. Most notably, in 2009, PNG’s Bank of South Pacific lived up to its name by acquiring Fiji’s Colonial Banking Group and has subsequently invested heavily to strengthen its local presence. A year earlier, […]

The changing face of investment in Papua New Guinea

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With PNG expected to grow faster than China in 2011, Business Advantage examines just who is investing in PNG and in what sectors, and asks where the best opportunities lie in the future. ‘We’re at the start of a very long term growth period—the outlook long-term is extraordinary,’ says Rod Mitchell, the joint-CEO of PNG […]